Folger Nolan Fleming Douglas Capital Management Inc. Reduces Stake in Union Pacific Co. (NYSE:UNP)

Folger Nolan Fleming Douglas Capital Management Inc. lowered its holdings in Union Pacific Co. (NYSE:UNP) by 0.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 32,553 shares of the railroad operator’s stock after selling 225 shares during the quarter. Folger Nolan Fleming Douglas Capital Management Inc.’s holdings in Union Pacific were worth $7,996,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. BluePath Capital Management LLC bought a new position in shares of Union Pacific in the 3rd quarter worth approximately $25,000. Valued Wealth Advisors LLC bought a new position in shares of Union Pacific in the 4th quarter worth approximately $28,000. Stuart Chaussee & Associates Inc. bought a new position in shares of Union Pacific in the 4th quarter worth approximately $36,000. Fortitude Family Office LLC bought a new position in shares of Union Pacific in the 4th quarter worth approximately $44,000. Finally, Hexagon Capital Partners LLC raised its position in shares of Union Pacific by 48.6% in the 3rd quarter. Hexagon Capital Partners LLC now owns 309 shares of the railroad operator’s stock worth $63,000 after acquiring an additional 101 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on UNP. BMO Capital Markets increased their target price on Union Pacific from $270.00 to $275.00 and gave the stock an “outperform” rating in a research report on Friday, January 26th. The Goldman Sachs Group raised their price objective on Union Pacific from $248.00 to $274.00 and gave the company a “buy” rating in a research report on Thursday, April 11th. Raymond James reaffirmed a “strong-buy” rating and set a $280.00 price objective (up previously from $275.00) on shares of Union Pacific in a research report on Friday. Evercore ISI raised their price objective on Union Pacific from $271.00 to $273.00 and gave the company an “outperform” rating in a research report on Friday. Finally, Jefferies Financial Group initiated coverage on Union Pacific in a research report on Monday, April 8th. They set a “hold” rating and a $250.00 price objective for the company. Seven research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $258.78.

Union Pacific Stock Performance

Shares of UNP stock traded down $0.76 on Friday, reaching $242.79. The stock had a trading volume of 2,255,458 shares, compared to its average volume of 2,120,671. The stock has a market cap of $148.13 billion, a P/E ratio of 23.17, a price-to-earnings-growth ratio of 2.63 and a beta of 1.07. Union Pacific Co. has a 1 year low of $190.45 and a 1 year high of $258.66. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.67 and a current ratio of 0.93. The company has a 50 day simple moving average of $244.27 and a 200 day simple moving average of $234.95.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, April 25th. The railroad operator reported $2.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.50 by $0.19. The firm had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $5.97 billion. Union Pacific had a return on equity of 44.34% and a net margin of 26.52%. The company’s revenue for the quarter was down .4% on a year-over-year basis. During the same period last year, the business posted $2.67 EPS. Equities research analysts expect that Union Pacific Co. will post 11.01 EPS for the current year.

Union Pacific Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Thursday, February 29th were paid a $1.30 dividend. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.14%. Union Pacific’s dividend payout ratio (DPR) is currently 49.62%.

Insider Transactions at Union Pacific

In other news, President Elizabeth F. Whited sold 3,750 shares of the firm’s stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $250.00, for a total value of $937,500.00. Following the transaction, the president now directly owns 56,682 shares in the company, valued at approximately $14,170,500. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 0.28% of the company’s stock.

Union Pacific Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.