What’s Union Pacific Corporation Upside After Today’s Bullish Options Activity?

 What's Union Pacific Corporation Upside After Today's Bullish Options Activity?

In today’s session Union Pacific Corporation (UNP) registered an unusually high (629) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious UNP increase. With 629 contracts traded and 21114 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: UNP161216C00092500 closed last at: $1.1 or 1.9% up. About 1.05 million shares traded hands. Union Pacific Corporation (NYSE:UNP) has risen 12.90% since April 5, 2016 and is uptrending. It has outperformed by 10.94% the S&P500.

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. $115 is the highest target while $78 is the lowest. The $95.47 average target is 6.02% above today’s ($90.05) stock price. Union Pacific Corporation has been the topic of 48 analyst reports since July 24, 2015 according to StockzIntelligence Inc. Cowen & Co maintained Union Pacific Corporation (NYSE:UNP) rating on Thursday, January 21. Cowen & Co has “Outperform” rating and $89 price target. The rating was downgraded by Scotia Capital on Monday, June 20 to “Sector Perform”. Seaport Global initiated it with “Buy” rating and $100 target price in Monday, October 24 report. The stock has “Buy” rating given by S&P Research on Friday, October 23. The stock has “Outperform” rating given by RBC Capital Markets on Friday, January 22. As per Wednesday, September 2, the company rating was maintained by RBC Capital Markets. On Tuesday, September 8 the stock rating was upgraded by Stephens to “Overweight”. The rating was downgraded by Barclays Capital to “Equal-Weight” on Monday, October 5. The firm earned “Neutral” rating on Friday, December 4 by Bank of America. The stock of Union Pacific Corporation (NYSE:UNP) earned “Buy” rating by Deutsche Bank on Wednesday, November 2.

According to Zacks Investment Research, “Union Pacific Corp. consists of one reportable segment, rail transportation, and the company’s other product lines. The rail segment includes the operations of the corporation’s wholly owned subsidiary, Union Pacific Railroad Company and Union Pacific Railroad Company’s subsidiaries and rail affiliates. The company’s other operations include the trucking product line, as well as the other product lines that include technology, self-insurance activities, corporate holding company operations, and all appropriate consolidating entries.”

Insitutional Activity: The institutional sentiment decreased to 0.84 in Q2 2016. Its down 0.17, from 1.01 in 2016Q1. The ratio is negative, 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.
Advisor Prtn Lc holds 16,541 shares or 0.51% of its portfolio. Trust Of Toledo Na Oh has 3,450 shares for 0.09% of their US portfolio. Deutsche National Bank & Trust Ag accumulated 0.36% or 5.84M shares. Eagle Asset Mngmt reported 870,216 shares or 0.53% of all its holdings. Peoples Finance Svcs Corp, a Pennsylvania-based fund reported 9,066 shares. Sva Plumb Wealth Management Limited Liability last reported 3,637 shares in the company. The Massachusetts-based Howland Capital Lc has invested 0.5% in Union Pacific Corporation (NYSE:UNP). Tarbox Gp holds 0.03% of its portfolio in Union Pacific Corporation (NYSE:UNP) for 412 shares. Moreover, Baldwin Inv Management Lc has 0.56% invested in Union Pacific Corporation (NYSE:UNP) for 14,837 shares. Waters Parkerson Co Ltd Co has 0.02% invested in the company for 2,352 shares. Hall Laurie J Trustee last reported 400 shares in the company. Tradewinds Glob Investors Ltd Llc owns 2,361 shares or 0.01% of their US portfolio. New England Professional Planning Gp accumulated 3,965 shares or 0.41% of the stock. Dock Street Asset Mngmt Incorporated holds 0.37% or 4,828 shares in its portfolio. Moreover, Kwmg Lc has 0.46% invested in Union Pacific Corporation (NYSE:UNP) for 9,716 shares.

Insider Transactions: Since June 3, 2016, the stock had 0 insider buys, and 4 sales for $2.29 million net activity. The insider DUREN DIANE K sold $213,650. The insider KNIGHT ROBERT M JR sold 10,000 shares worth $952,415. Shares for $638,285 were sold by Scott Cameron A.

Union Pacific Corporation operates through its principal operating company, Union Pacific Railroad Company. The company has a market cap of $74.21 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 18.05 P/E ratio. The Company’s business mix includes agricultural products, automotive, chemicals, coal, industrial products and intermodal.

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 notable recent Union Pacific Corporation (NYSE:UNP) news were published by: Fool.com which released: “Falling Freight Demand Derails Union Pacific Corporation Earnings” on October 24, 2016, also Prnewswire.com with their article: “Union Pacific Corporation Invites You to Join Its Third Quarter 2016 Earnings …” published on October 13, 2016, Seekingalpha.com published: “My Experiment With Day Trading” on November 07, 2016. More interesting news about Union Pacific Corporation (NYSE:UNP) were released by: Wsj.com and their article: “Union Pacific Profit Falls 13% on Demand Woes” published on October 20, 2016 as well as Seekingalpha.com‘s news article titled: “Doubling Your Union Pacific Cash Flow” with publication date: October 31, 2016.

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