Sawgrass Asset Management LLC Increased Union Pac Corp Com (UNP) Stake by $6.07 Million as Stock Price Declined

January 17, 2018 - By Stephen Andrade

Investors sentiment decreased to 0.9 in Q3 2017. Its down 0.02, from 0.92 in 2017Q2. It worsened, as 67 investors sold UNP shares while 490 reduced holdings. 95 funds opened positions while 408 raised stakes. 601.66 million shares or 1.15% less from 608.67 million shares in 2017Q2 were reported. 50.70M were reported by Blackrock. The Ohio-based Johnson Inv Counsel has invested 1.1% in Union Pacific Corporation (NYSE:UNP). Etrade Capital Management Limited Liability Company stated it has 0.16% in Union Pacific Corporation (NYSE:UNP). Moreover, Regal Investment Advsr Limited Liability Corporation has 0.5% invested in Union Pacific Corporation (NYSE:UNP). Victory Mngmt stated it has 270,439 shares. Mutual Of America Capital Mngmt Limited Liability Corp accumulated 0.19% or 97,976 shares. Naples Glob Limited Liability Corporation invested in 3,882 shares. Pittenger Anderson Inc has invested 0.64% in Union Pacific Corporation (NYSE:UNP). Manufacturers Life Com The reported 0.5% in Union Pacific Corporation (NYSE:UNP). Shufro Rose & Llc stated it has 0.13% in Union Pacific Corporation (NYSE:UNP). Moreover, Highvista Strategies Ltd Co has 0.07% invested in Union Pacific Corporation (NYSE:UNP). Tributary Cap Management Ltd Liability invested in 310 shares. Hodges Capital Management has 14,894 shares. Van Strum & Towne accumulated 3,810 shares. Gofen And Glossberg Llc Il reported 100,529 shares or 0.43% of all its holdings.

Sawgrass Asset Management Llc increased its stake in Union Pac Corp Com (UNP) by 31.01% based on its latest 2017Q3 regulatory filing with the SEC. Sawgrass Asset Management Llc bought 52,765 shares as the company’s stock declined 2.52% while stock markets rallied. The institutional investor held 222,935 shares of the railroads company at the end of 2017Q3, valued at $25.85 million, up from 170,170 at the end of the previous reported quarter. Sawgrass Asset Management Llc who had been investing in Union Pac Corp Com for a number of months, seems to be bullish on the $110.45 billion market cap company. The stock decreased 0.61% or $0.86 during the last trading session, reaching $140.31. About 5.79 million shares traded or 34.36% up from the average. Union Pacific Corporation (NYSE:UNP) has risen 31.45% since January 17, 2017 and is uptrending. It has outperformed by 14.75% the S&P500.

Sawgrass Asset Management Llc, which manages about $3.30B and $2.05 billion US Long portfolio, decreased its stake in Comcast Corp New Cl A (NASDAQ:CMCSA) by 209,205 shares to 1.48M shares, valued at $56.79M in 2017Q3, according to the filing. It also reduced its holding in Danaher Corp Com (NYSE:DHR) by 152,350 shares in the quarter, leaving it with 326,514 shares, and cut its stake in Apple Inc (NASDAQ:AAPL).

More news for Union Pacific Corporation (NYSE:UNP) were recently published by: Prnewswire.com, which released: “Union Pacific Corporation Invites You to Join Its 4th Quarter 2017 Earnings …” on December 21, 2017. Seekingalpha.com‘s article titled: “Union Pacific Shares Rise: A Big Beneficiary Of The New Tax Plan” and published on December 29, 2017 is yet another important article.

Union Pacific Corporation (NYSE:UNP) Ratings Coverage

Among 28 analysts covering Union Pacific Corporation (NYSE:UNP), 12 have Buy rating, 2 Sell and 14 Hold. Therefore 43% are positive. Union Pacific Corporation had 94 analyst reports since July 24, 2015 according to SRatingsIntel. Citigroup maintained the shares of UNP in report on Friday, March 31 with “Buy” rating. The stock has “Hold” rating by Deutsche Bank on Friday, July 21. The firm earned “Hold” rating on Tuesday, June 27 by Stifel Nicolaus. Buckingham Research initiated the shares of UNP in report on Wednesday, January 18 with “Neutral” rating. The firm has “Outperform” rating by BMO Capital Markets given on Friday, October 27. The stock of Union Pacific Corporation (NYSE:UNP) has “Hold” rating given on Thursday, August 4 by Loop Capital. On Monday, October 12 the stock rating was maintained by Deutsche Bank with “Buy”. The firm has “Equal-Weight” rating by Barclays Capital given on Monday, April 11. Citigroup downgraded the stock to “Neutral” rating in Wednesday, October 4 report. The stock of Union Pacific Corporation (NYSE:UNP) has “Buy” rating given on Friday, September 11 by Bank of America.

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