Union Pacific Corporation $UNP Stock Holdings Lessened by Cidel Asset Management Inc.

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Cidel Asset Management Inc. reduced its stake in Union Pacific (NYSE:UNP) by 15.9% in Q3, selling 16,010 shares and holding 84,551 shares valued at $19.99 million. Union Pacific reported Q3 earnings per share of $2.86, missing the consensus estimate of $2.92, with revenue of $6.09 billion, also below expectations. The company declared a quarterly dividend of $1.38, and analysts currently have a “Moderate Buy” consensus rating with an average target price of $258.32.

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