Important Short Interest Filing: Could Union Pacific Corporation (NYSE:UNP) Go Down After Its Newest Short Interest Report?

November 29, 2016 - By Linda Rogers   ·   0 Comments

Important Short Interest Filing: Could Union Pacific Corporation (NYSE:UNP) Go Down After Its Newest Short Interest Report?

The stock of Union Pacific Corporation (NYSE:UNP) registered a decrease of 8.75% in short interest. UNP’s total short interest was 8.96M shares in November as published by FINRA. Its down 8.75% from 9.82 million shares, reported previously. With 5.75 million 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 1.09%. The stock closed at $100.69 during the last session. It is down 13.44% since April 26, 2016 and is uptrending. It has outperformed by 8.18% the S&P500.

Union Pacific Corporation operates through its principal operating company, Union Pacific Railroad Company. The company has a market cap of $81.83 billion. Union Pacific Railroad Company links approximately 20 states in the western two-thirds of the country by rail, providing link in the supply chain. It has a 20.18 P/E ratio. The Company’s business mix includes agricultural products, automotive, chemicals, coal, industrial products and intermodal.

Insitutional Activity: The institutional sentiment increased to 0.87 in 2016 Q2. Its up 0.03, from 0.84 in 2016Q1. The ratio improved, as 81 funds sold all Union Pacific Corporation shares owned while 481 reduced positions. 84 funds bought stakes while 388 increased positions. They now own 620.30 million shares or 4.45% less from 649.16 million shares in 2016Q1.
Nationwide Fund reported 547,095 shares or 0.21% of all its holdings. Commonwealth Equity Services holds 115,291 shares or 0.08% of its portfolio. American National Insurance Tx last reported 58,100 shares in the company. Hedeker Wealth Ltd Company last reported 1.35% of its portfolio in the stock. Element Management Limited Liability Corp last reported 0.71% of its portfolio in the stock. Ironbridge Management Limited Partnership accumulated 7,326 shares or 0.03% of the stock. Lord Abbett And Com Limited Liability has invested 0.12% of its portfolio in Union Pacific Corporation (NYSE:UNP). Edgar Lomax Va holds 199,821 shares or 1.09% of its portfolio. Aston Asset Mgmt Ltd Liability accumulated 1.01% or 19,013 shares. Ep Wealth Advsr has invested 1.89% of its portfolio in Union Pacific Corporation (NYSE:UNP). Thompson Siegel & Walmsley Ltd Company has invested 0.01% of its portfolio in Union Pacific Corporation (NYSE:UNP). First Citizens National Bank & Trust And Trust last reported 3,095 shares in the company. Baker Boyer Retail Bank holds 3,170 shares or 1.26% of its portfolio. Horrell Cap Mgmt Inc holds 3.84% of its portfolio in Union Pacific Corporation (NYSE:UNP) for 77,809 shares. Conning holds 286,245 shares or 1.03% of its portfolio.

Insider Transactions: Since June 3, 2016, the stock had 0 buys, and 6 insider sales for $3.31 million net activity. 5,000 Union Pacific Corporation (NYSE:UNP) shares with value of $485,000 were sold by KNIGHT ROBERT M JR. Shares for $638,285 were sold by Scott Cameron A on Friday, October 7. Shares for $281,103 were sold by DUREN DIANE K on Friday, November 18. ROGEL STEVEN R also sold $743,747 worth of Union Pacific Corporation (NYSE:UNP) on Tuesday, November 22.

Union Pacific Corporation (NYSE:UNP) Ratings Coverage

Out of 22 analysts covering Union Pacific Corporation (NYSE:UNP), 13 rate it a “Buy”, 1 “Sell”, while 8 “Hold”. This means 59% are positive. Union Pacific Corporation has been the topic of 48 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The firm has “Equal-Weight” rating by Barclays Capital given on Monday, April 11. The stock has “Overweight” rating given by Morgan Stanley on Friday, June 3. The rating was maintained by Citigroup on Friday, October 2 with “Buy”. On Thursday, August 11 the stock rating was initiated by Atlantic Securities with “Overweight”. The company was maintained on Friday, July 24 by UBS. The firm has “Buy” rating given on Monday, February 22 by Bank of America. The firm earned “Buy” rating on Monday, January 25 by Argus Research. The firm has “Buy” rating by Deutsche Bank given on Friday, January 22. Cowen & Co maintained it with “Outperform” rating and $105 target price in Monday, October 5 report. Seaport Global initiated Union Pacific Corporation (NYSE:UNP) on Monday, October 24 with “Buy” rating.

UNP Company Profile

Union Pacific Corporation, incorporated on February 3, 1969, operates through its principal operating company, Union Pacific Railroad Company. Union Pacific Railroad Company links approximately 20 states in the western two-thirds of the country by rail, providing link in the supply chain. The Company’s business mix includes agricultural products, automotive, chemicals, coal, industrial products and intermodal. The Firm operates from West Coast and Gulf Coast ports to eastern gateways, connects with Canada’s rail systems and serves approximately six Mexico gateways. The Firm is a Class I railroad operating in the United States. The Company’s network includes approximately 32,080 route miles, linking Pacific Coast and Gulf Coast ports with the Midwest and Eastern United States gateways and providing several corridors to Mexican gateways. It owns approximately 26,060 miles and operates on the remainder pursuant to trackage rights or leases. It serves the western two-thirds of the country and maintains coordinated schedules with other rail carriers for the handling of freight to and from the Atlantic Coast, the Pacific Coast, the Southeast, the Southwest, Canada and Mexico. Export and import traffic is moved through Gulf Coast and Pacific Coast ports and across the Mexican and Canadian borders.

More news for Union Pacific Corporation (NYSE:UNP) were recently published by: Nasdaq.com, which released: “Union Pacific Corporation (UNP) Ex-Dividend Date Scheduled for November 28, 2016” on November 25, 2016. Prnewswire.com‘s article titled: “Union Pacific Railroad Applauded for Military-Friendly Efforts” and published on November 11, 2016 is yet another important article.

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By Linda Rogers

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