Motco Boosted Its Automatic Data Processing (ADP) Holding; Park National Has Decreased Union Pacific (UNP) Stake

November 22, 2017 - By Darrin Black

Motco increased Automatic Data Processing (ADP) stake by 8.04% reported in 2017Q2 SEC filing. Motco acquired 3,696 shares as Automatic Data Processing (ADP)’s stock declined 1.06%. The Motco holds 49,680 shares with $5.09M value, up from 45,984 last quarter. Automatic Data Processing now has $48.83 billion valuation. The stock declined 0.42% or $0.46 reaching $110.1 on the news. About 569,697 shares traded. Automatic Data Processing (NASDAQ:ADP) has risen 15.83% since November 22, 2016 and is uptrending. It has underperformed by 0.87% the S&P500.

Park National Corp decreased Union Pacific Corporation (UNP) stake by 13.66% reported in 2017Q2 SEC filing. Park National Corp sold 6,311 shares as Union Pacific Corporation (UNP)’s stock declined 2.52%. The Park National Corp holds 39,890 shares with $4.35 million value, down from 46,201 last quarter. Union Pacific Corporation now has $92.73 billion valuation. The stock rose 0.61% or $0.72 reaching $117.8. About 1.09 million shares traded. Union Pacific Corporation (NYSE:UNP) has risen 31.45% since November 22, 2016 and is uptrending. It has outperformed by 14.75% the S&P500.

Analysts await Union Pacific Corporation (NYSE:UNP) to report earnings on January, 18. They expect $1.53 earnings per share, up 10.07% or $0.14 from last year’s $1.39 per share. UNP’s profit will be $1.20 billion for 19.25 P/E if the $1.53 EPS becomes a reality. After $1.50 actual earnings per share reported by Union Pacific Corporation for the previous quarter, Wall Street now forecasts 2.00% EPS growth.

Investors sentiment increased to 0.92 in Q2 2017. Its up 0.10, from 0.82 in 2017Q1. It improved, as 55 investors sold UNP shares while 498 reduced holdings. 103 funds opened positions while 405 raised stakes. 608.67 million shares or 1.96% less from 620.82 million shares in 2017Q1 were reported. Sabal has invested 0.11% in Union Pacific Corporation (NYSE:UNP). 29,672 were accumulated by Washington. Price T Rowe Assoc Md accumulated 2.52 million shares. Pennsylvania-based Clark Mgmt Grp Incorporated has invested 0.01% in Union Pacific Corporation (NYSE:UNP). Cornerstone Inv Prtn Ltd Liability stated it has 592,244 shares. Cohen And Steers holds 0.21% of its portfolio in Union Pacific Corporation (NYSE:UNP) for 741,920 shares. Parametric Portfolio Assoc Ltd Liability Com stated it has 2.09M shares. Linscomb Williams Inc, a Texas-based fund reported 6,383 shares. Gould Asset Mngmt Ltd Liability Co Ca owns 2,500 shares or 0.13% of their US portfolio. 8,812 were reported by Mechanics Fincl Bank Tru Department. 14,436 are owned by Dorsey Whitney Trust Communication Lc. Citigroup stated it has 0.23% in Union Pacific Corporation (NYSE:UNP). National Planning reported 6,464 shares. Barclays Public Limited Liability Corp holds 681,207 shares. Everett Harris And Com Ca holds 0.01% or 3,542 shares in its portfolio.

Park National Corp increased General Dynamics Corporation (NYSE:GD) stake by 2,893 shares to 42,752 valued at $8.47 million in 2017Q2. It also upped Dominion Energy Inc (NYSE:D) stake by 4,829 shares and now owns 31,764 shares. Abbvie Inc (NYSE:ABBV) was raised too.

Among 27 analysts covering Union Pacific Corporation (NYSE:UNP), 10 have Buy rating, 2 Sell and 15 Hold. Therefore 37% are positive. Union Pacific Corporation had 87 analyst reports since July 24, 2015 according to SRatingsIntel. Deutsche Bank initiated it with “Buy” rating and $110 target in Wednesday, November 2 report. Stephens upgraded the stock to “Overweight” rating in Tuesday, September 8 report. The rating was maintained by Credit Suisse on Friday, January 22 with “Outperform”. RBC Capital Markets maintained the shares of UNP in report on Thursday, November 9 with “Hold” rating. The company was maintained on Thursday, September 28 by Cowen & Co. The company was maintained on Friday, October 23 by Deutsche Bank. The rating was maintained by Robert W. Baird on Thursday, September 14 with “Hold”. The stock has “Sector Perform” rating by Scotia Capital on Monday, June 20. The company was downgraded on Friday, December 4 by Bank of America. TD Securities maintained it with “Buy” rating and $130.0 target in Friday, October 27 report.

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