Force Capital Management Has Cut Stake in Union Pac (UNP) by $1.51 Million as Shares Rose; Icici Bank LTD (IBN) Share Value Declined While Ashmore Group Plc Decreased Position by $8.77 Million

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Ashmore Group Plc decreased its stake in Icici Bank Ltd (IBN) by 46.83% based on its latest 2018Q4 regulatory filing with the SEC. Ashmore Group Plc sold 877,491 shares as the company’s stock declined 2.94% while stock markets rallied. The institutional investor held 996,245 shares of the commercial banks company at the end of 2018Q4, valued at $10.25 million, down from 1.87M at the end of the previous reported quarter. Ashmore Group Plc who had been investing in Icici Bank Ltd for a number of months, seems to be less bullish one the $36.79B market cap company. The stock increased 1.89% or $0.21 during the last trading session, reaching $11.31. About 7.59M shares traded or 8.92% up from the average. ICICI Bank Limited (NYSE:IBN) has risen 5.54% since March 17, 2018 and is uptrending. It has outperformed by 1.17% the S&P500. Some Historical IBN News: 07/05/2018 – INDIA’S ICICI BANK EXEC SAYS LOT OF STRESS HAS ALREADY BEEN RECOGNISED; 12/04/2018 – ICICI loan enquiry: IT sends second notice; CBI questions 2 executives; 07/05/2018 – ICICI BANK 4Q NET INCOME 10.2B RUPEES; 28/03/2018 – ICICI BANK – WAS NOT LEAD BANK TO CONSORTIUM TO VIDEOCON; BANK ONLY SANCTIONED ITS SHARE OF FACILITIES OF ABOUT 32.50 BLN RUPEES; 09/04/2018 – Fitch: Allegations Against ICICI Bank Pose Reputational Risks; 04/04/2018 – ICICI BANK LTD ICBK.NS SAYS BANK HAS NOT RECEIVED ANY COMMUNICATION FROM SFIO IN THE MATTER; 07/05/2018 – ICICI BANK 4Q INTEREST INCOME 142.6B RUPEES; 07/05/2018 – INDIA’S ICICI BANK LTD ICBK.NS – MARCH QTR NET PROFIT 10.20 BLN RUPEES VS PROFIT OF 20.25 BLN RUPEES LAST YEAR; 03/04/2018 – MEDIA-Some of India’s ICICI Bank borrowers get debt recast done via Avista – PTI in Economic Times; 16/04/2018 – MEDIA-India’s ICICI Bank files intervention application in Gitanjali Gems case in NCLT – Business Standard

Force Capital Management Llc decreased its stake in Union Pac Corp (UNP) by 57.34% based on its latest 2018Q4 regulatory filing with the SEC. Force Capital Management Llc sold 10,931 shares as the company’s stock rose 10.13% with the market. The hedge fund held 8,132 shares of the railroads company at the end of 2018Q4, valued at $1.12 million, down from 19,063 at the end of the previous reported quarter. Force Capital Management Llc who had been investing in Union Pac Corp for a number of months, seems to be less bullish one the $119.28 billion market cap company. The stock decreased 0.10% or $0.17 during the last trading session, reaching $165. About 9.73 million shares traded or 122.54% up from the average. Union Pacific Corporation (NYSE:UNP) has risen 30.34% since March 17, 2018 and is uptrending. It has outperformed by 25.97% the S&P500. Some Historical UNP News: 06/04/2018 – UNION PACIFIC – ON MARCH 15, CO REDEEMED $155 MLN OF DEBENTURES & MORTGAGE BONDS BOUGHT BY CO’S UNIT IN 1982 ACQUISITION OF MISSOURI PACIFIC RAILROAD; 06/03/2018 – UNION PACIFIC SAYS MEXICO TRADE MADE UP 11% OF ITS 2017 VOLUME; 09/04/2018 – Cal EMA Spills: SPILL Report – Union Pacific Railroad – 04/09/2018 04:07 PM; 26/03/2018 – Union Pacific Names TRAC lnterstar Preferred National Provider Of Emergency Road Service; 26/04/2018 – UNION PACIFIC IS HIRING WORKERS, HAS NO ONE ON FURLOUGHS; 26/04/2018 – UNION PACIFIC HAD EXPECTED 100% IMPLEMENTATON BY YR END 2018; 22/05/2018 – Union Pacific Presenting at Conference Tomorrow; 23/05/2018 – Nafta Has Been a ‘Tremendous Success,’ Says Union Pacific CEO (Video); 10/05/2018 – Franklin Templeton Adds Union Pacific, Exits GE, Cuts CIBC: 13F; 11/05/2018 – Van Eck Adds C&J. Energy Services Inc., Exits Union Pacific: 13F

Another recent and important ICICI Bank Limited (NYSE:IBN) news was published by Seekingalpha.com which published an article titled: “Reserve Bank of India fines 19 lenders: Reuters – Seeking Alpha” on March 05, 2019.

Ashmore Group Plc, which manages about $200.82 million US Long portfolio, upped its stake in Grupo Financiero Galicia (NASDAQ:GGAL) by 82,420 shares to 334,004 shares, valued at $9.21 million in 2018Q4, according to the filing. It also increased its holding in Baidu Inc (NASDAQ:BIDU) by 46,772 shares in the quarter, for a total of 86,621 shares, and has risen its stake in Taiwan Semiconductor (NYSE:TSM).

Investors sentiment decreased to 0.85 in Q4 2018. Its down 0.04, from 0.89 in 2018Q3. It turned negative, as 67 investors sold UNP shares while 516 reduced holdings. 131 funds opened positions while 365 raised stakes. 572.66 million shares or 5.79% more from 541.33 million shares in 2018Q3 were reported. Parkside National Bank & Trust & Trust holds 4,467 shares. Pension Serv owns 758,875 shares for 0.53% of their portfolio. Evanston Dba Evanston Advsr accumulated 1,703 shares. Cap Fund Management reported 48,102 shares stake. Brandywine Global Mgmt Lc accumulated 204,863 shares or 0.21% of the stock. Cape Cod Five Cents Bancshares holds 17,035 shares or 0.39% of its portfolio. Catalyst Capital Limited Liability Company accumulated 124,500 shares or 0.64% of the stock. Missouri-based Fincl Counselors has invested 1.15% in Union Pacific Corporation (NYSE:UNP). Bristol John W & Inc New York has 2.62% invested in Union Pacific Corporation (NYSE:UNP) for 592,198 shares. Bartlett And Limited Liability holds 0.22% of its portfolio in Union Pacific Corporation (NYSE:UNP) for 38,049 shares. Caisse De Depot Et Placement Du Quebec holds 0.07% or 194,431 shares. Norman Fields Gottscho Cap Limited Company reported 44,488 shares stake. Foster Motley invested in 33,612 shares. Gilman Hill Asset Ltd reported 0.12% of its portfolio in Union Pacific Corporation (NYSE:UNP). Yhb Inv Advisors reported 45,214 shares.

Analysts await Union Pacific Corporation (NYSE:UNP) to report earnings on April, 25. They expect $2.02 earnings per share, up 20.24% or $0.34 from last year’s $1.68 per share. UNP’s profit will be $1.46B for 20.42 P/E if the $2.02 EPS becomes a reality. After $2.12 actual earnings per share reported by Union Pacific Corporation for the previous quarter, Wall Street now forecasts -4.72% negative EPS growth.

Union Pacific Corporation (NYSE:UNP) Institutional Positions Chart