Union Pacific Corp. (UNP) Holder Burgundy Asset Management LTD Lowered Its Position by $11.11 Million

July 27, 2018 - By Carolyn Hewitt

Union Pacific Corporation (NYSE:UNP) LogoInvestors sentiment decreased to 0.75 in 2018 Q1. Its down 0.19, from 0.94 in 2017Q4. It dropped, as 62 investors sold UNP shares while 557 reduced holdings. 107 funds opened positions while 359 raised stakes. 589.68 million shares or 1.47% less from 598.50 million shares in 2017Q4 were reported. California-based Private Asset Mngmt has invested 0.32% in Union Pacific Corporation (NYSE:UNP). The Colorado-based Weatherstone Mgmt has invested 0.22% in Union Pacific Corporation (NYSE:UNP). Brandywine Global Invest Limited Liability Com accumulated 213,900 shares or 0.18% of the stock. 53,221 are owned by Two Sigma Limited Co. Kings Point Mgmt invested 0.01% of its portfolio in Union Pacific Corporation (NYSE:UNP). 4,210 were accumulated by Mengis Mngmt. Bailard Inc has invested 0.32% in Union Pacific Corporation (NYSE:UNP). Oppenheimer holds 0.22% or 62,929 shares. Birch Hill Advsrs Lc has invested 0.08% of its portfolio in Union Pacific Corporation (NYSE:UNP). Pnc Financial Svcs Group Inc Inc has invested 0.27% in Union Pacific Corporation (NYSE:UNP). Bristol John W And Inc New York reported 635,372 shares. State Of Tennessee Treasury Department, a Tennessee-based fund reported 686,323 shares. Messner And Smith Theme Value Inv Mngmt Limited Ca owns 3,100 shares or 0.69% of their US portfolio. Community Fincl Bank Of Raymore owns 19,584 shares. Martingale Asset Management Limited Partnership stated it has 25,924 shares.

Since March 20, 2018, it had 0 buys, and 3 insider sales for $7.37 million activity. On Tuesday, April 3 the insider Whited Elizabeth F sold $2.08 million.

Burgundy Asset Management Ltd decreased its stake in Union Pacific Corp. (UNP) by 2.22% based on its latest 2018Q1 regulatory filing with the SEC. Burgundy Asset Management Ltd sold 82,879 shares as the company’s stock rose 4.52% while stock markets declined. The institutional investor held 3.65 million shares of the railroads company at the end of 2018Q1, valued at $490.16M, down from 3.73 million at the end of the previous reported quarter. Burgundy Asset Management Ltd who had been investing in Union Pacific Corp. for a number of months, seems to be less bullish one the $109.24B market cap company. The stock increased 1.15% or $1.68 during the last trading session, reaching $147.72. About 5.38 million shares traded or 44.80% up from the average. Union Pacific Corporation (NYSE:UNP) has risen 32.23% since July 27, 2017 and is uptrending. It has outperformed by 19.66% the S&P500.

Burgundy Asset Management Ltd, which manages about $19.85B and $10.67 billion US Long portfolio, upped its stake in Allison Transmission Holdings Inc. (NYSE:ALSN) by 156,293 shares to 5.31M shares, valued at $207.25M in 2018Q1, according to the filing. It also increased its holding in Oracle Corp. (NYSE:ORCL) by 766,529 shares in the quarter, for a total of 7.05 million shares, and has risen its stake in White Mountains Insurance Group Ltd. (NYSE:WTM).

Analysts await Union Pacific Corporation (NYSE:UNP) to report earnings on October, 25. They expect $2.05 EPS, up 36.67 % or $0.55 from last year’s $1.5 per share. UNP’s profit will be $1.52B for 18.01 P/E if the $2.05 EPS becomes a reality. After $1.98 actual EPS reported by Union Pacific Corporation for the previous quarter, Wall Street now forecasts 3.54 % EPS growth.

More recent Union Pacific Corporation (NYSE:UNP) news were published by: Benzinga.com which released: “After A Strong Quarter, Norfolk Southern Management Asked: Why Aren’t You More Like CSX?” on July 26, 2018. Also Benzinga.com published the news titled: “A Running List Of The Companies Blaming Trade Policy For Stifled Earnings, Guidance” on July 27, 2018. Seekingalpha.com‘s news article titled: “Union Pacific Just Beat Estimates” with publication date: July 20, 2018 was also an interesting one.

Union Pacific Corporation (NYSE:UNP) Ratings Coverage

Among 13 analysts covering Union Pacific (NYSE:UNP), 8 have Buy rating, 0 Sell and 5 Hold. Therefore 62% are positive. Union Pacific had 17 analyst reports since February 1, 2018 according to SRatingsIntel. The stock of Union Pacific Corporation (NYSE:UNP) has “Neutral” rating given on Monday, June 4 by Robert W. Baird. Stifel Nicolaus maintained the shares of UNP in report on Thursday, May 24 with “Hold” rating. The stock has “Buy” rating by Citigroup on Wednesday, May 23. The company was maintained on Friday, July 20 by Credit Suisse. Deutsche Bank upgraded Union Pacific Corporation (NYSE:UNP) on Monday, April 2 to “Buy” rating. The stock of Union Pacific Corporation (NYSE:UNP) has “Buy” rating given on Monday, April 2 by Susquehanna. As per Friday, July 20, the company rating was maintained by Morgan Stanley. The rating was upgraded by Citigroup on Wednesday, February 14 to “Buy”. On Tuesday, April 10 the stock rating was maintained by Robert W. Baird with “Hold”. UBS maintained it with “Buy” rating and $161 target in Friday, July 20 report.

Union Pacific Corporation (NYSE:UNP) Institutional Positions Chart

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