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Union Pacific reported strong earnings, yet some investors and executives sold shares.
Hemenway Trust Co LLC and KCM Investment Advisors LLC reduced their stakes in Union Pacific, while Cascades Capital Asset Management LLC increased its holdings.
Union Pacific reported strong earnings, beating estimates by $0.15 with $2.91 per share.
The company has a market cap of $127.57 billion and a "Buy" rating with a price target of $261.95.
Executives, including President Elizabeth F. Whited and EVP Craig V. Richardson, also sold shares recently.
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Union Pacific reportó fuertes ganancias, sin embargo algunos inversores y ejecutivos vendieron acciones.