Union Pacific (UNP) Hit By Deutsche Bank Upgrade; Deutsche Bank Ag Has Trimmed Its Magellan Midstream Prtnrs LP (MMP) Position

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Union Pacific (NYSE:UNP) was boosted by Deutsche Bank from a Hold rating to a Buy rating in a an analyst note published on 2 April.

Deutsche Bank Ag decreased Magellan Midstream Prtnrs Lp (MMP) stake by 29.62% reported in 2017Q4 SEC filing. Deutsche Bank Ag sold 571,095 shares as Magellan Midstream Prtnrs Lp (MMP)’s stock declined 17.74%. The Deutsche Bank Ag holds 1.36M shares with $96.24 million value, down from 1.93 million last quarter. Magellan Midstream Prtnrs Lp now has $13.32 billion valuation. The stock increased 2.08% or $1.19 during the last trading session, reaching $58.35. About 844,968 shares traded. Magellan Midstream Partners, L.P. (NYSE:MMP) has declined 24.45% since April 2, 2017 and is downtrending. It has underperformed by 36.00% the S&P500.

Investors sentiment decreased to 0.76 in 2017 Q4. Its down 0.14, from 0.9 in 2017Q3. It dropped, as 35 investors sold MMP shares while 186 reduced holdings. 49 funds opened positions while 118 raised stakes. 134.60 million shares or 0.07% more from 134.51 million shares in 2017Q3 were reported. Exane Derivatives reported 0% of its portfolio in Magellan Midstream Partners, L.P. (NYSE:MMP). Evermay Wealth Mgmt Limited Liability holds 0.19% of its portfolio in Magellan Midstream Partners, L.P. (NYSE:MMP) for 7,164 shares. Fiduciary Trust invested in 0.02% or 8,517 shares. Weaver C Barksdale & Assocs stated it has 19,373 shares or 1.44% of all its holdings. Chickasaw Capital Mngmt Limited Liability Com holds 2.74 million shares or 4.05% of its portfolio. Epoch Inv Inc invested in 0.43% or 1.83 million shares. Eaton Vance Mgmt has 0% invested in Magellan Midstream Partners, L.P. (NYSE:MMP). Aperio Group Inc Limited Liability reported 6,106 shares. 28,679 are owned by Segment Wealth Mngmt Ltd Llc. Baldwin Brothers Ma invested 1.46% of its portfolio in Magellan Midstream Partners, L.P. (NYSE:MMP). 14.05M were reported by Tortoise Advsr Lc. Whittier Tru Company holds 2,272 shares or 0.01% of its portfolio. Delta Asset Management Ltd Tn has invested 0% in Magellan Midstream Partners, L.P. (NYSE:MMP). Hudock Group Inc Ltd Co stated it has 12 shares. Telemus Capital Limited Liability invested in 10,953 shares.

Deutsche Bank Ag increased Park Hotels Resorts Inc stake by 467,783 shares to 535,277 valued at $15.39 million in 2017Q4. It also upped Liberty Media Corp Delaware stake by 56,020 shares and now owns 362,720 shares. Yum Brands Inc (NYSE:YUM) was raised too.

Since February 12, 2018, it had 0 insider purchases, and 1 sale for $1.51 million activity. MEARS MICHAEL N sold $1.51M worth of Magellan Midstream Partners, L.P. (NYSE:MMP) on Monday, February 12.

Analysts await Magellan Midstream Partners, L.P. (NYSE:MMP) to report earnings on May, 2. They expect $1.01 EPS, up 3.06% or $0.03 from last year’s $0.98 per share. MMP’s profit will be $230.47 million for 14.44 P/E if the $1.01 EPS becomes a reality. After $1.04 actual EPS reported by Magellan Midstream Partners, L.P. for the previous quarter, Wall Street now forecasts -2.88% negative EPS growth.

Among 23 analysts covering Magellan Midstream Partners L.P. (NYSE:MMP), 12 have Buy rating, 3 Sell and 8 Hold. Therefore 52% are positive. Magellan Midstream Partners L.P. had 63 analyst reports since August 7, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Hold” rating and $80.0 target in Sunday, November 5 report. The stock has “Hold” rating by Stifel Nicolaus on Wednesday, August 2. The firm has “Strong Buy” rating given on Monday, January 4 by Raymond James. UBS upgraded the stock to “Buy” rating in Tuesday, July 18 report. The company was upgraded on Friday, May 5 by Credit Suisse. RBC Capital Markets maintained the shares of MMP in report on Sunday, October 1 with “Hold” rating. JP Morgan maintained the stock with “Neutral” rating in Monday, May 16 report. The stock of Magellan Midstream Partners, L.P. (NYSE:MMP) earned “Hold” rating by Stifel Nicolaus on Friday, February 2. The rating was maintained by Mizuho on Monday, February 6 with “Neutral”. As per Monday, November 16, the company rating was initiated by DA Davidson.

Since March 20, 2018, it had 0 insider buys, and 2 sales for $5.29 million activity. Shares for $3.43M were sold by KNIGHT ROBERT M JR.

The stock increased 2.81% or $3.67 during the last trading session, reaching $134.43. About 4.36M shares traded. Union Pacific Corporation (NYSE:UNP) has risen 26.23% since April 2, 2017 and is uptrending. It has outperformed by 14.68% the S&P500.

Analysts await Union Pacific Corporation (NYSE:UNP) to report earnings on April, 26. They expect $1.67 EPS, up 26.52% or $0.35 from last year’s $1.32 per share. UNP’s profit will be $1.31B for 20.12 P/E if the $1.67 EPS becomes a reality. After $1.53 actual EPS reported by Union Pacific Corporation for the previous quarter, Wall Street now forecasts 9.15% EPS growth.

Among 29 analysts covering Union Pacific Corporation (NYSE:UNP), 13 have Buy rating, 2 Sell and 14 Hold. Therefore 45% are positive. Union Pacific Corporation has $167.0 highest and $78 lowest target. $129.48’s average target is -3.68% below currents $134.43 stock price. Union Pacific Corporation had 106 analyst reports since July 24, 2015 according to SRatingsIntel. On Thursday, September 28 the stock rating was maintained by RBC Capital Markets with “Hold”. The company was initiated on Wednesday, November 2 by Deutsche Bank. The stock has “Buy” rating by BMO Capital Markets on Thursday, June 1. The firm earned “Buy” rating on Tuesday, January 16 by Susquehanna. The firm has “Hold” rating given on Wednesday, February 28 by Cowen & Co. The firm has “Outperform” rating by Cowen & Co given on Thursday, October 22. The company was maintained on Thursday, October 26 by Stifel Nicolaus. On Tuesday, October 31 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. The rating was maintained by Stifel Nicolaus with “Hold” on Friday, August 18. Morgan Stanley maintained it with “Equal-Weight” rating and $125 target in Friday, January 26 report.

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. The company has market cap of $105.82 billion. It offers transportation services for agricultural products, including grains, commodities produced from grains, and food and beverage products; automotive products, such as finished vehicles and automotive parts; and chemicals comprising industrial chemicals, plastics, fertilizers, petroleum and liquid petroleum gases, crude oil, and soda ash. It has a 10.06 P/E ratio. The firm also provides transportation services for coal, petroleum coke, and biomass; industrial products consisting of construction products, minerals, consumer goods, metals, lumber, paper, and other miscellaneous products; and intermodal import and export container traffic.

Magellan Midstream Partners, L.P. (NYSE:MMP) Institutional Positions Chart