Comerica Bank Sells 5,534 Shares of Union Pacific Corporation $UNP

Comerica Bank reduced its stake in Union Pacific Corporation by 2.5% in the fourth quarter, selling 5,534 shares and now owning 219,357 shares valued at $50.74 million. Other institutional investors also adjusted their positions, and despite positive Q1 earnings, reaffirmed guidance, and potential merger developments, concerns remain regarding fuel costs and regulatory risks for the Norfolk Southern acquisition. Union Pacific reported Q1 EPS of $2.93 and revenue of $6.22 billion, with analysts forecasting EPS of $12.45 for the current fiscal year.

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