What Will Happen to Union Pacific Corporation Next? The Stock Just Had Huge Bearish Options Activity

 What Will Happen to Union Pacific Corporation Next? The Stock Just Had Huge Bearish Options Activity

In today’s session Union Pacific Corporation (UNP) recorded an unusually high (1,401) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the January, 2017 put, expecting serious UNP decrease. With 1,401 contracts traded and 53404 open interest for the Jan, 17 contract, it seems this is a quite bearish bet. The option with symbol: UNP170120P00085000 closed last at: $0.44 or 8.3% down. About 1.47M shares traded hands. Union Pacific Corporation (NYSE:UNP) has risen 16.54% since April 25, 2016 and is uptrending. It has outperformed by 10.53% the S&P500.

Analysts await Union Pacific Corporation (NYSE:UNP) to report earnings on January, 19. They expect $1.32 earnings per share, up 0.76% or $0.01 from last year’s $1.31 per share. UNP’s profit will be $1.10 billion for 19.13 P/E if the $1.32 EPS becomes a reality. After $1.36 actual earnings per share reported by Union Pacific Corporation for the previous quarter, Wall Street now forecasts -2.94% negative EPS growth.

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 -5.50% below today’s ($101.03) stock price. Union Pacific Corporation has been the topic of 48 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The stock of Union Pacific Corporation (NYSE:UNP) has “Overweight” rating given on Thursday, August 11 by Atlantic Securities. The rating was downgraded by Cowen & Co to “Market Perform” on Thursday, October 20. As per Monday, June 20, the company rating was downgraded by Scotia Capital. The rating was upgraded by Bank of America on Monday, February 22 to “Buy”. The rating was maintained by Citigroup on Friday, October 2 with “Buy”. As per Monday, October 5, the company rating was downgraded by Barclays Capital. The firm has “Buy” rating by Deutsche Bank given on Wednesday, November 2. The stock of Union Pacific Corporation (NYSE:UNP) earned “Outperform” rating by Credit Suisse on Friday, February 19. Seaport Global initiated the stock with “Buy” rating in Monday, October 24 report. The stock has “Buy” rating given by UBS on Tuesday, March 8.

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 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.
Papp L Roy And Associates last reported 0.09% of its portfolio in the stock. Obermeyer Wood Counsel Lllp holds 2,340 shares or 0.02% of its portfolio. Gardner Russo Gardner Limited Co last reported 0% of its portfolio in the stock. City Company last reported 1,128 shares in the company. Iowa Financial Bank has invested 0.02% of its portfolio in Union Pacific Corporation (NYSE:UNP). Amer Money Mngmt Ltd Com owns 22,641 shares or 1.63% of their US portfolio. Willingdon Wealth Management last reported 0.71% of its portfolio in the stock. Schmidt P J Inv Mngmt has 52,184 shares for 1.69% of their US portfolio. Legacy Private Tru holds 0.32% of its portfolio in Union Pacific Corporation (NYSE:UNP) for 24,923 shares. Evercore Wealth Management Ltd Liability Com accumulated 0.31% or 79,383 shares. Old Second Bancshares Of Aurora, a Illinois-based fund reported 2,900 shares. Public Employees Retirement Association Of Colorado accumulated 176,461 shares or 0.13% of the stock. Princeton Capital Management has 3.1% invested in the company for 51,459 shares. Moreover, Washington Bancorp has 0.15% invested in Union Pacific Corporation (NYSE:UNP) for 6,714 shares. Sei Investments holds 0.26% or 489,505 shares in its portfolio.

Insider Transactions: Since June 3, 2016, the stock had 0 buys, and 6 selling transactions for $3.31 million net activity. Another trade for 2,840 shares valued at $281,103 was made by DUREN DIANE K on Friday, November 18. Another trade for 7,400 shares valued at $743,747 was made by ROGEL STEVEN R on Tuesday, November 22. 10,000 shares with value of $952,415 were sold by KNIGHT ROBERT M JR on Thursday, September 1. Another trade for 6,484 shares valued at $638,285 was made by Scott Cameron A on Friday, October 7.

Union Pacific Corporation operates through its principal operating company, Union Pacific Railroad Company. The company has a market cap of $83.84 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 20.25 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 recent Union Pacific Corporation (NYSE:UNP) news were published by: Prnewswire.com which released: “Union Pacific Corporation CFO Rob Knight to Address the Credit Suisse 4th …” on November 21, 2016. Also Nasdaq.com published the news titled: “Union Pacific Corporation (UNP) Ex-Dividend Date Scheduled for November 28, 2016” on November 25, 2016. Prnewswire.com‘s news article titled: “Union Pacific Railroad Applauded for Military-Friendly Efforts” with publication date: November 11, 2016 was also an interesting one.

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