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Donaldson Capital Management slashes Union Pacific holdings by 93.5%, reflecting investor concerns over earnings miss.
Donaldson Capital Management LLC significantly reduced its holdings in Union Pacific Co. (UNP) by 93.5% in the first quarter, now owning 13,927 shares worth $3.29 million.
Union Pacific reported a slight miss in earnings and revenue, with EPS of $2.70 and revenue of $6.03 billion.
The stock has a P/E ratio of 20.42, a dividend yield of 2.37%, and a consensus target price of $257.74.
Other firms have also adjusted their holdings in the company.
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Donaldson Capital Management reduce las participaciones de Union Pacific en un 93.5%, lo que refleja la preocupación de los inversores por la pérdida de ganancias.