Transocean LTD (RIG) Shareholder Profund Advisors Lifted Position; Ancora Advisors Cut Union Pac (UNP) Holding by $1.28 Million; Stock Rose

September 14, 2018 - By Jacqueline McKee

Union Pacific Corporation (NYSE:UNP) Logo

Ancora Advisors Llc decreased its stake in Union Pac Corp (UNP) by 24.04% based on its latest 2018Q2 regulatory filing with the SEC. Ancora Advisors Llc sold 9,106 shares as the company’s stock rose 8.81% with the market. The hedge fund held 28,777 shares of the railroads company at the end of 2018Q2, valued at $4.08M, down from 37,883 at the end of the previous reported quarter. Ancora Advisors Llc who had been investing in Union Pac Corp for a number of months, seems to be less bullish one the $116.09B market cap company. The stock increased 0.22% or $0.35 during the last trading session, reaching $156.98. About 927,100 shares traded. Union Pacific Corporation (NYSE:UNP) has risen 44.72% since September 14, 2017 and is uptrending. It has outperformed by 29.10% the S&P500. Some Historical UNP News: 19/03/2018 – LISC: Union Pacific gives $3M to bolster U.S. workforce, lift communities; 26/04/2018 – Union Pacific 1Q EPS $1.68; 26/04/2018 – UNION PACIFIC SAYS COAL, INTL INTERMODAL DRAGGING ON PRICING; 22/03/2018 – OCEAN NETWORK EXPRESS SELECTS UNP AS WESTERN U.S. RAIL PROVIDER; 10/05/2018 – Union Pacific Corporation Declares Second Quarter 2018 Dividend; 06/04/2018 – UNION PACIFIC SAYS REDEMPTION RESULTED IN AN EARLY-EXTINGUISHMENT, NON-CASH, PRE-TAX CHARGE OF $85 MLN – SEC FILING; 26/04/2018 – UNION PACIFIC SEES COAL HEADWINDS ON LOW NATURAL GAS PRICES; 26/04/2018 – Union Pacific 1Q Rev $5.48B; 26/04/2018 – UNION PACIFIC SEES `STEADY IMPROVEMENTS’ TO NETWORK CONGESTION; 26/04/2018 – UNION PACIFIC PLANS TO FILE ALTERNATIVE SCHEDULE FOR PTC

Profund Advisors Llc increased its stake in Transocean Ltd (RIG) by 51.37% based on its latest 2018Q2 regulatory filing with the SEC. Profund Advisors Llc bought 34,000 shares as the company’s stock declined 7.45% while stock markets rallied. The institutional investor held 100,188 shares of the oil & gas production company at the end of 2018Q2, valued at $1.35 million, up from 66,188 at the end of the previous reported quarter. Profund Advisors Llc who had been investing in Transocean Ltd for a number of months, seems to be bullish on the $5.39 billion market cap company. The stock increased 1.43% or $0.165 during the last trading session, reaching $11.665. About 8.39M shares traded. Transocean Ltd. (NYSE:RIG) has risen 30.03% since September 14, 2017 and is uptrending. It has outperformed by 14.41% the S&P500. Some Historical RIG News: 08/03/2018 TRANSOCEAN GETS APPROVAL OF SUPPLEMENTAL PROSPECTUS; 21/03/2018 – SUBSCRIPTION PERIOD ENDS IN TRANSOCEAN’S COMPULSORY ACQUISITION OF; 21/03/2018 – TRANSOCEAN COMPULSORY PURCHASE OF REST SONGA STARTS MARCH 21; 01/05/2018 – TRANSOCEAN SAYS IT WILL EVALUATE MORE M&A TARGETS IN 2018; 09/05/2018 – Transocean Acquires Interest in Harsh Environment Newbuild Semisubmersible; 30/04/2018 – TRANSOCEAN 1Q ADJ LOSS/SHR 48C, EST. LOSS/SHR 37C; 21/03/2018 – SUBSCRIPTION PERIOD ENDS IN TRANSOCEAN’S COMPULSORY PURCHASE OF; 09/05/2018 – Transocean Buys 33.3% Interest in the West Rigel Rig; 30/04/2018 – Transocean 1Q Loss $210M; 18/04/2018 – Transocean Ltd. Provides Quarterly Fleet Status Report

Investors sentiment decreased to 0.87 in Q2 2018. Its down 0.42, from 1.29 in 2018Q1. It dropped, as 44 investors sold RIG shares while 122 reduced holdings. 68 funds opened positions while 76 raised stakes. 283.66 million shares or 4.25% less from 296.24 million shares in 2018Q1 were reported. Johnson Financial stated it has 0% in Transocean Ltd. (NYSE:RIG). Victory Mngmt stated it has 700,920 shares or 0.02% of all its holdings. Fmr Ltd Liability Corporation has 5.10M shares. Frontier Capital Mngmt Ltd Llc invested in 0.03% or 270,360 shares. Quantitative Ltd Co owns 617,000 shares. Jupiter Asset has 0.59% invested in Transocean Ltd. (NYSE:RIG) for 1.49M shares. Jersey-based Contrarius Investment Limited has invested 6.65% in Transocean Ltd. (NYSE:RIG). Mitsubishi Ufj Tru & Bk accumulated 0% or 28,848 shares. 192,720 were accumulated by Lazard Asset Limited Liability Company. Deutsche National Bank & Trust Ag invested 0.04% in Transocean Ltd. (NYSE:RIG). Rocky Mountain Advisers Ltd Liability Co owns 1,000 shares for 0.05% of their portfolio. Opportunities Cap Mngmt Lc reported 1.57% stake. Cetera Advsrs Lc holds 0.09% or 113,346 shares in its portfolio. Thompson Davis Incorporated accumulated 0.01% or 226 shares. Shine Inv Advisory Service Incorporated owns 535 shares.

More recent Transocean Ltd. (NYSE:RIG) news were published by: Seekingalpha.com which released: “Transocean: Finally, A Strategic Win” on September 13, 2018. Also Seekingalpha.com published the news titled: “Transocean Ltd. (RIG) Transocean Agreement to Acquire Ocean Rig Conference Call (Transcript)” on September 04, 2018. Seekingalpha.com‘s news article titled: “Transocean: Mixed Emotions About The Ocean Rig Deal” with publication date: September 06, 2018 was also an interesting one.

Profund Advisors Llc, which manages about $4.85 billion and $2.50 billion US Long portfolio, decreased its stake in Micron Technology Inc (NASDAQ:MU) by 28,725 shares to 329,751 shares, valued at $17.29M in 2018Q2, according to the filing. It also reduced its holding in Berkshire Hathaway Inc Del (BRKB) by 6,723 shares in the quarter, leaving it with 40,581 shares, and cut its stake in Alexion Pharmaceuticals Inc (NASDAQ:ALXN).

Among 41 analysts covering Transocean Ltd (NYSE:RIG), 17 have Buy rating, 9 Sell and 15 Hold. Therefore 41% are positive. Transocean Ltd had 114 analyst reports since August 7, 2015 according to SRatingsIntel. Piper Jaffray maintained the shares of RIG in report on Wednesday, January 10 with “Hold” rating. The rating was maintained by RBC Capital Markets on Friday, September 1 with “Hold”. The stock of Transocean Ltd. (NYSE:RIG) earned “Buy” rating by Citigroup on Thursday, October 12. The firm has “Outperform” rating by Credit Suisse given on Friday, February 3. Piper Jaffray upgraded the stock to “Neutral” rating in Wednesday, January 25 report. The company was initiated on Friday, January 15 by Sidoti. On Thursday, January 5 the stock rating was upgraded by Arctic Securities to “Buy”. The stock of Transocean Ltd. (NYSE:RIG) earned “Hold” rating by Evercore on Wednesday, June 29. The stock of Transocean Ltd. (NYSE:RIG) earned “Buy” rating by R. F. Lafferty on Monday, May 8. The stock of Transocean Ltd. (NYSE:RIG) has “Hold” rating given on Friday, November 10 by RBC Capital Markets.

Since March 20, 2018, it had 0 buys, and 4 insider sales for $8.66 million activity. $2.08M worth of Union Pacific Corporation (NYSE:UNP) shares were sold by Whited Elizabeth F. KNIGHT ROBERT M JR also sold $3.43M worth of Union Pacific Corporation (NYSE:UNP) on Tuesday, March 20.

Another recent and important Union Pacific Corporation (NYSE:UNP) news was published by Seekingalpha.com which published an article titled: “Winning Stocks Keep Winning” on September 06, 2018.

Investors sentiment increased to 0.83 in 2018 Q2. Its up 0.08, from 0.75 in 2018Q1. It is positive, as 47 investors sold UNP shares while 525 reduced holdings. 109 funds opened positions while 368 raised stakes. 554.78 million shares or 5.92% less from 589.68 million shares in 2018Q1 were reported. 153,000 were accumulated by Bp Plc. Everence Capital accumulated 0.5% or 16,708 shares. 1St Source National Bank & Trust holds 0.04% or 3,629 shares in its portfolio. Wilbanks Smith & Thomas Asset Mngmt Ltd Liability invested 0.07% in Union Pacific Corporation (NYSE:UNP). Jones Lllp accumulated 0.01% or 38,634 shares. California-based Mogy Joel R Inv Counsel Incorporated has invested 1.28% in Union Pacific Corporation (NYSE:UNP). 2,020 are held by Gould Asset Mgmt Ltd Company Ca. Pictet Cie (Europe) holds 0.08% or 3,815 shares in its portfolio. Choate Investment owns 15,396 shares or 0.13% of their US portfolio. Balyasny Asset Management Lc accumulated 6,360 shares. Old Mutual Glob Investors (Uk) Ltd has invested 0.04% of its portfolio in Union Pacific Corporation (NYSE:UNP). Walleye Trading Ltd Liability Co invested in 12,240 shares or 0.01% of the stock. Cleararc Capital accumulated 27,349 shares. Moreover, Thrivent Fincl For Lutherans has 0.02% invested in Union Pacific Corporation (NYSE:UNP) for 34,005 shares. Madison Inv Hldg Inc stated it has 0.26% of its portfolio in Union Pacific Corporation (NYSE:UNP).

Ancora Advisors Llc, which manages about $3.12 billion and $2.30B US Long portfolio, upped its stake in Lee Enterprises Inc (NYSE:LEE) by 156,931 shares to 191,423 shares, valued at $546,000 in 2018Q2, according to the filing. It also increased its holding in Platform Specialty Prods Corp (NYSE:PAH) by 356,029 shares in the quarter, for a total of 1.67 million shares, and has risen its stake in Jp Morgan Chase & Co (NYSE:JPM).

Among 30 analysts covering Union Pacific Corporation (NYSE:UNP), 13 have Buy rating, 2 Sell and 15 Hold. Therefore 43% are positive. Union Pacific Corporation had 120 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was downgraded by Seaport Global on Friday, January 26 to “Hold”. On Thursday, July 20 the stock rating was maintained by Oppenheimer with “Hold”. The rating was maintained by Robert W. Baird on Tuesday, April 10 with “Hold”. The firm earned “Outperform” rating on Friday, June 1 by Credit Suisse. The rating was maintained by RBC Capital Markets on Friday, October 23 with “Outperform”. On Friday, November 10 the stock rating was maintained by Robert W. Baird with “Hold”. The firm earned “Buy” rating on Friday, January 22 by Deutsche Bank. The firm earned “Hold” rating on Thursday, August 4 by Loop Capital. The stock of Union Pacific Corporation (NYSE:UNP) has “Equal-Weight” rating given on Tuesday, February 23 by Morgan Stanley. The firm has “Buy” rating given on Monday, February 22 by Bank of America.

Union Pacific Corporation (NYSE:UNP) Institutional Positions Chart

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