Banque Pictet & Cie SA Has $3,957,000 Stake in Union Pacific Corporation (UNP)

Banque Pictet & Cie SA maintained its position in Union Pacific Corporation (NYSE:UNP) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 36,330 shares of the railroad operator’s stock at the close of the second quarter. Banque Pictet & Cie SA’s holdings in Union Pacific Corporation were worth $3,957,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Advantage Investment Management LLC grew its position in shares of Union Pacific Corporation by 263.7% in the first quarter. Advantage Investment Management LLC now owns 953 shares of the railroad operator’s stock valued at $101,000 after purchasing an additional 691 shares during the last quarter. Mark Sheptoff Financial Planning LLC grew its position in shares of Union Pacific Corporation by 96.3% in the first quarter. Mark Sheptoff Financial Planning LLC now owns 1,021 shares of the railroad operator’s stock valued at $108,000 after purchasing an additional 501 shares during the last quarter. Proficio Capital Partners LLC grew its position in shares of Union Pacific Corporation by 36.3% in the first quarter. Proficio Capital Partners LLC now owns 1,028 shares of the railroad operator’s stock valued at $111,000 after purchasing an additional 274 shares during the last quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. grew its position in shares of Union Pacific Corporation by 46.6% in the second quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,070 shares of the railroad operator’s stock valued at $117,000 after purchasing an additional 340 shares during the last quarter. Finally, SRS Capital Advisors Inc. grew its position in shares of Union Pacific Corporation by 147.2% in the first quarter. SRS Capital Advisors Inc. now owns 1,152 shares of the railroad operator’s stock valued at $122,000 after purchasing an additional 686 shares during the last quarter. 80.03% of the stock is currently owned by institutional investors and hedge funds.

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Shares of Union Pacific Corporation (NYSE:UNP) opened at $116.70 on Friday. The company has a quick ratio of 0.97, a current ratio of 1.16 and a debt-to-equity ratio of 0.83. The firm has a market cap of $92,153.84, a P/E ratio of 20.68, a P/E/G ratio of 1.90 and a beta of 0.87. Union Pacific Corporation has a fifty-two week low of $95.67 and a fifty-two week high of $119.71.

Union Pacific Corporation (NYSE:UNP) last issued its quarterly earnings results on Thursday, October 26th. The railroad operator reported $1.50 earnings per share for the quarter, beating analysts’ consensus estimates of $1.49 by $0.01. The business had revenue of $5.41 billion during the quarter, compared to analyst estimates of $5.32 billion. Union Pacific Corporation had a net margin of 21.84% and a return on equity of 23.35%. Union Pacific Corporation’s revenue for the quarter was up 4.5% compared to the same quarter last year. During the same quarter last year, the business posted $1.36 earnings per share. research analysts expect that Union Pacific Corporation will post 5.78 EPS for the current year.

UNP has been the topic of several research analyst reports. Deutsche Bank AG downgraded Union Pacific Corporation from a “buy” rating to a “hold” rating and lowered their price target for the company from $132.00 to $110.00 in a research report on Friday, July 21st. Zacks Investment Research cut shares of Union Pacific Corporation from a “buy” rating to a “hold” rating in a research note on Monday, July 24th. Stifel Nicolaus reiterated a “hold” rating and issued a $118.00 target price (up previously from $112.00) on shares of Union Pacific Corporation in a research note on Monday, July 24th. BidaskClub cut shares of Union Pacific Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. Finally, Wolfe Research cut shares of Union Pacific Corporation from an “outperform” rating to a “market perform” rating in a research note on Monday, August 7th. Three analysts have rated the stock with a sell rating, fifteen have given a hold rating and four have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $118.36.

About Union Pacific Corporation

Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.

Institutional Ownership by Quarter for Union Pacific Corporation (NYSE:UNP)

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