What Will Happen to Union Pacific Corporation (NYSE:UNP) Next? The Stock Has Decline in Shorts

March 14, 2018 - By Henry Gaston

 What Will Happen to Union Pacific Corporation (NYSE:UNP) Next? The Stock Has Decline in Shorts

Investors sentiment decreased to 0.9 in 2017 Q3. Its down 0.02, from 0.92 in 2017Q2. It fall, as 67 investors sold Union Pacific Corporation 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.
Amer Savings Bank invested 0.1% in Union Pacific Corporation (NYSE:UNP). Perella Weinberg Prtn Mngmt Lp stated it has 4,366 shares. Pring Turner Group reported 24,960 shares or 2.87% of all its holdings. Richard Bernstein Advsrs Limited Liability Corporation, a New York-based fund reported 49,741 shares. 30,431 are owned by Cetera Advisor Net Ltd Liability Corporation. Neville Rodie & Shaw Inc holds 59,078 shares. Bouchey Gp Limited has invested 0.26% in Union Pacific Corporation (NYSE:UNP). Meiji Yasuda Life Ins holds 36,819 shares or 0.63% of its portfolio. Selway Asset invested 1.35% of its portfolio in Union Pacific Corporation (NYSE:UNP). Usca Ria Ltd has 0.07% invested in Union Pacific Corporation (NYSE:UNP). Old Republic holds 0.63% or 165,000 shares in its portfolio. City Company invested in 1,128 shares. Michigan-based Ww Asset Management Incorporated has invested 0.31% in Union Pacific Corporation (NYSE:UNP). Northeast Invest Mgmt stated it has 2.77% of its portfolio in Union Pacific Corporation (NYSE:UNP). Waddell Reed Financial holds 2.32 million shares or 0.6% of its portfolio.

The stock of Union Pacific Corporation (NYSE:UNP) registered a decrease of 11.61% in short interest. UNP’s total short interest was 12.11M shares in March as published by FINRA. Its down 11.61% from 13.71 million shares, reported previously. With 5.73M shares average volume, it will take short sellers 2 days to cover their UNP’s short positions. The short interest to Union Pacific Corporation’s float is 1.54%.

The stock decreased 0.36% or $0.49 during the last trading session, reaching $136.34. About 2.20M shares traded. Union Pacific Corporation (NYSE:UNP) has risen 31.45% since March 14, 2017 and is uptrending. It has outperformed by 14.75% the S&P500.

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. The company has market cap of $107.32 billion. It offers transportation services for agricultural products, including grains, commodities produced from grains, and food and beverage products; automotive products, such as finished vehicles and automotive parts; and chemicals comprising industrial chemicals, plastics, fertilizers, petroleum and liquid petroleum gases, crude oil, and soda ash. It has a 10.21 P/E ratio. The firm also provides transportation services for coal, petroleum coke, and biomass; industrial products consisting of construction products, minerals, consumer goods, metals, lumber, paper, and other miscellaneous products; and intermodal import and export container traffic.

Union Pacific Corporation (NYSE:UNP) Ratings Coverage

Among 29 analysts covering Union Pacific Corporation (NYSE:UNP), 13 have Buy rating, 2 Sell and 14 Hold. Therefore 45% are positive. Union Pacific Corporation had 105 analyst reports since July 24, 2015 according to SRatingsIntel. As per Monday, October 24, the company rating was initiated by Seaport Global. The stock has “Hold” rating by RBC Capital Markets on Thursday, September 28. As per Thursday, January 25, the company rating was maintained by Robert W. Baird. RBC Capital Markets maintained it with “Hold” rating and $140.0 target in Tuesday, January 9 report. The firm has “Sector Outperform” rating given on Tuesday, March 15 by Scotia Capital. On Monday, October 5 the stock rating was maintained by Cowen & Co with “Outperform”. On Friday, June 3 the stock rating was upgraded by Morgan Stanley to “Overweight”. The company was initiated on Thursday, June 16 by Oppenheimer. The stock of Union Pacific Corporation (NYSE:UNP) earned “Equal-Weight” rating by Morgan Stanley on Friday, January 26. The firm has “Equal-Weight” rating given on Monday, October 2 by Morgan Stanley.

More recent Union Pacific Corporation (NYSE:UNP) news were published by: Wsj.com which released: “Drones Are Watching: Railroad Irks Workers With Unmanned Aircraft” on March 14, 2018. Also Prnewswire.com published the news titled: “Union Pacific Corporation CFO Rob Knight to Address the JP Morgan 2018 …” on March 06, 2018. Nasdaq.com‘s news article titled: “Union Pacific Corporation (UNP) Ex-Dividend Date Scheduled for February 27, 2018” with publication date: February 26, 2018 was also an interesting one.

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