Beacon Financial Group Cut Southern Co (SO) Holding By $348,576; Union Pacific (UNP) Shorts Decreased By 30.83%

May 21, 2018 - By Henry Gaston

Union Pacific Corporation (NYSE:UNP) Logo

Union Pacific Corporation (NYSE:UNP) had a decrease of 30.83% in short interest. UNP’s SI was 10.94M shares in May as released by FINRA. Its down 30.83% from 15.82M shares previously. With 4.53 million avg volume, 2 days are for Union Pacific Corporation (NYSE:UNP)’s short sellers to cover UNP’s short positions. The SI to Union Pacific Corporation’s float is 1.39%. The stock increased 0.92% or $1.31 during the last trading session, reaching $143.8. About 2.76 million shares traded. Union Pacific Corporation (NYSE:UNP) has risen 26.23% since May 21, 2017 and is uptrending. It has outperformed by 14.68% the S&P500.

Beacon Financial Group decreased Southern Co (SO) stake by 3.77% reported in 2017Q4 SEC filing. Beacon Financial Group sold 7,262 shares as Southern Co (SO)’s stock declined 8.19%. The Beacon Financial Group holds 185,368 shares with $8.91M value, down from 192,630 last quarter. Southern Co now has $43.23 billion valuation. The stock decreased 0.67% or $0.29 during the last trading session, reaching $42.73. About 6.70M shares traded or 19.94% up from the average. The Southern Company (NYSE:SO) has declined 11.47% since May 21, 2017 and is downtrending. It has underperformed by 23.02% the S&P500.

Investors sentiment increased to 0.94 in Q4 2017. Its up 0.04, from 0.9 in 2017Q3. It is positive, as 49 investors sold Union Pacific Corporation shares while 505 reduced holdings. 128 funds opened positions while 391 raised stakes. 598.50 million shares or 0.52% less from 601.66 million shares in 2017Q3 were reported. Strategic Finance Incorporated invested in 38,168 shares. Farmers Bancorp stated it has 1.99% in Union Pacific Corporation (NYSE:UNP). Institute For Wealth Mgmt Limited Co invested in 3,105 shares or 0.1% of the stock. Scharf Invs Ltd Limited Liability Company stated it has 1,689 shares or 0.01% of all its holdings. Summit Asset Management Lc reported 7,206 shares or 0.46% of all its holdings. Schmidt P J Inv Mgmt has invested 1.77% in Union Pacific Corporation (NYSE:UNP). Ar Asset Mgmt Inc accumulated 0.4% or 7,700 shares. Hendley & Comm has 2.46% invested in Union Pacific Corporation (NYSE:UNP) for 35,831 shares. Blume Mngmt holds 0.03% or 488 shares in its portfolio. Symphony Asset Mngmt Ltd Liability Company stated it has 31,918 shares or 0.44% of all its holdings. Los Angeles Capital Mngmt & Equity invested in 0.01% or 16,757 shares. Raymond James & accumulated 2.21M shares. Victory Cap Mngmt holds 0.06% in Union Pacific Corporation (NYSE:UNP) or 227,491 shares. Df Dent holds 0.01% in Union Pacific Corporation (NYSE:UNP) or 1,605 shares. Hancock Hldg Com invested in 0.62% or 111,390 shares.

Among 30 analysts covering Union Pacific Corporation (NYSE:UNP), 14 have Buy rating, 2 Sell and 14 Hold. Therefore 47% are positive. Union Pacific Corporation had 110 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of Union Pacific Corporation (NYSE:UNP) earned “Buy” rating by Citigroup on Tuesday, September 13. On Monday, April 18 the stock rating was downgraded by UBS to “Neutral”. The firm earned “Buy” rating on Tuesday, January 16 by Susquehanna. The firm earned “Buy” rating on Wednesday, February 14 by Citigroup. Barclays Capital upgraded Union Pacific Corporation (NYSE:UNP) rating on Monday, January 9. Barclays Capital has “Overweight” rating and $122 target. The stock of Union Pacific Corporation (NYSE:UNP) earned “Hold” rating by RBC Capital Markets on Thursday, September 28. RBC Capital Markets maintained the stock with “Hold” rating in Thursday, November 9 report. On Tuesday, October 31 the stock rating was maintained by Argus Research with “Buy”. The rating was maintained by Stifel Nicolaus with “Buy” on Friday, January 22. On Thursday, September 28 the stock rating was maintained by Cowen & Co with “Hold”.

More news for Union Pacific Corporation (NYSE:UNP) were recently published by: Seekingalpha.com, which released: “Union Pacific (UNP) Q1 2018 Results – Earnings Call Transcript” on April 26, 2018. Forbes.com‘s article titled: “A Quick Snapshot of Union Pacific Corp’s Industrial Freight Segment” and published on May 15, 2018 is yet another important article.

Since March 20, 2018, it had 0 insider buys, and 3 sales for $7.37 million activity. 13,254 shares were sold by KNIGHT ROBERT M JR, worth $1.86 million on Wednesday, March 21. Another trade for 15,576 shares valued at $2.08M was made by Whited Elizabeth F on Tuesday, April 3.

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. The company has market cap of $111.53 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 10.42 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.

Analysts await The Southern Company (NYSE:SO) to report earnings on August, 1. They expect $0.65 earnings per share, down 10.96% or $0.08 from last year’s $0.73 per share. SO’s profit will be $657.56M for 16.43 P/E if the $0.65 EPS becomes a reality. After $0.88 actual earnings per share reported by The Southern Company for the previous quarter, Wall Street now forecasts -26.14% negative EPS growth.

Beacon Financial Group increased Ishares (IJH) stake by 5,304 shares to 7,110 valued at $1.35 million in 2017Q4. It also upped Ishares stake by 6,591 shares and now owns 167,606 shares. Schlumberger Ltd (NYSE:SLB) was raised too.

More important recent The Southern Company (NYSE:SO) news were published by: Seekingalpha.com which released: “Southern Company Is Offering An Almost 8-Year High Dividend Yield” on May 17, 2018, also Seekingalpha.com published article titled: “Southern Company 2018 Q1 – Results – Earnings Call Slides”, Seekingalpha.com published: “The Southern (SO) Q1 2018 Results – Earnings Call Transcript” on May 02, 2018. More interesting news about The Southern Company (NYSE:SO) was released by: Investorplace.com and their article: “Trade of the Day: Southern Co (SO)” with publication date: May 09, 2018.

Union Pacific Corporation (NYSE:UNP) Institutional Positions Chart

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