As Union Pac Corp (UNP) Stock Value Declined, Estabrook Capital Management Has Lowered Holding

April 21, 2018 - By Hazel Jackson

Union Pacific Corporation (NYSE:UNP) LogoInvestors sentiment increased to 0.94 in 2017 Q4. Its up 0.04, from 0.9 in 2017Q3. It increased, as 49 investors sold UNP shares while 505 reduced holdings. 128 funds opened positions while 391 raised stakes. 598.50 million shares or 0.52% less from 601.66 million shares in 2017Q3 were reported. 29 were accumulated by Sageworth Tru. Strs Ohio owns 549,319 shares. Spectrum Mngmt Grp has 0.03% invested in Union Pacific Corporation (NYSE:UNP) for 700 shares. Park Oh accumulated 38,136 shares. Webster Bancshares N A holds 0.08% or 4,100 shares. Suvretta Cap Mgmt Lc has 2.71% invested in Union Pacific Corporation (NYSE:UNP). Whalerock Point Ptnrs Ltd Limited Liability Company reported 0.67% in Union Pacific Corporation (NYSE:UNP). Davis R M invested in 0.72% or 137,274 shares. Suntrust Banks stated it has 0.53% of its portfolio in Union Pacific Corporation (NYSE:UNP). Ironwood Financial Lc reported 0% stake. Teachers Retirement Of The State Of Kentucky has 197,850 shares for 0.31% of their portfolio. Thompson Siegel And Walmsley Limited Liability invested in 0% or 1,614 shares. 15,234 are held by Broderick Brian C. First Allied Advisory holds 16,917 shares. Pioneer Tru Comml Bank N A Or accumulated 2,410 shares.

Since March 20, 2018, it had 0 insider buys, and 3 insider sales for $7.37 million activity. 13,254 shares valued at $1.86 million were sold by KNIGHT ROBERT M JR on Wednesday, March 21.

Estabrook Capital Management decreased its stake in Union Pac Corp (UNP) by 3.11% based on its latest 2017Q4 regulatory filing with the SEC. Estabrook Capital Management sold 4,375 shares as the company’s stock declined 2.36% with the market. The institutional investor held 136,366 shares of the railroads company at the end of 2017Q4, valued at $18.29 billion, down from 140,741 at the end of the previous reported quarter. Estabrook Capital Management who had been investing in Union Pac Corp for a number of months, seems to be less bullish one the $105.22 billion market cap company. The stock decreased 1.69% or $2.33 during the last trading session, reaching $135.66. About 4.25M shares traded. Union Pacific Corporation (NYSE:UNP) has risen 26.23% since April 21, 2017 and is uptrending. It has outperformed by 14.68% the S&P500.

Estabrook Capital Management, which manages about $1.18B and $662.80 billion US Long portfolio, upped its stake in Alphabet Class A by 35 shares to 509 shares, valued at $536.18 million in 2017Q4, according to the filing. It also increased its holding in Visa Inc Com Cl A (NYSE:V) by 180 shares in the quarter, for a total of 7,410 shares, and has risen its stake in Facebook Inc Cl A (NASDAQ:FB).

Analysts await Union Pacific Corporation (NYSE:UNP) to report earnings on April, 26 before the open. They expect $1.65 earnings per share, up 25.00 % or $0.33 from last year’s $1.32 per share. UNP’s profit will be $1.28B for 20.55 P/E if the $1.65 EPS becomes a reality. After $1.53 actual earnings per share reported by Union Pacific Corporation for the previous quarter, Wall Street now forecasts 7.84 % EPS growth.

Union Pacific Corporation (NYSE:UNP) Ratings Coverage

Among 19 analysts covering Union Pacific Corp (NYSE:UNP), 10 have Buy rating, 1 Sell and 8 Hold. Therefore 53% are positive. Union Pacific Corp had 32 analyst reports since October 26, 2017 according to SRatingsIntel. Seaport Global downgraded the stock to “Hold” rating in Friday, January 26 report. RBC Capital Markets maintained the shares of UNP in report on Thursday, January 25 with “Hold” rating. As per Friday, January 5, the company rating was upgraded by UBS. The stock has “Hold” rating by RBC Capital Markets on Tuesday, January 9. Susquehanna maintained Union Pacific Corporation (NYSE:UNP) rating on Tuesday, January 16. Susquehanna has “Buy” rating and $167.0 target. The firm earned “Hold” rating on Thursday, January 25 by Scotia Capital. The firm has “Buy” rating by Susquehanna given on Monday, April 2. The company was maintained on Thursday, March 15 by Bank of America. The stock of Union Pacific Corporation (NYSE:UNP) earned “Buy” rating by Argus Research on Tuesday, October 31. The company was maintained on Thursday, February 1 by Argus Research.

Union Pacific Corporation (NYSE:UNP) Institutional Positions Chart

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