Fernwood Investment Management LLC Sells 139 Shares of Union Pacific Co. (NYSE:UNP)

Fernwood Investment Management LLC cut its holdings in shares of Union Pacific Co. (NYSE:UNP) by 1.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,060 shares of the railroad operator’s stock after selling 139 shares during the quarter. Union Pacific accounts for 0.9% of Fernwood Investment Management LLC’s holdings, making the stock its 22nd largest position. Fernwood Investment Management LLC’s holdings in Union Pacific were worth $3,453,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in UNP. Valued Wealth Advisors LLC bought a new position in Union Pacific in the fourth quarter valued at approximately $28,000. BluePath Capital Management LLC bought a new position in Union Pacific in the third quarter valued at approximately $25,000. Stuart Chaussee & Associates Inc. bought a new position in Union Pacific in the fourth quarter valued at approximately $36,000. Fortitude Family Office LLC bought a new position in Union Pacific in the fourth quarter valued at approximately $44,000. Finally, Hexagon Capital Partners LLC increased its stake in Union Pacific by 48.6% in the third quarter. Hexagon Capital Partners LLC now owns 309 shares of the railroad operator’s stock valued at $63,000 after acquiring an additional 101 shares during the last quarter. 80.38% of the stock is owned by institutional investors.

Insider Transactions at Union Pacific

In other news, President Elizabeth F. Whited sold 3,750 shares of the business’s stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $250.00, for a total transaction of $937,500.00. Following the completion of the sale, the president now directly owns 56,682 shares of the company’s stock, valued at $14,170,500. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.26% of the stock is currently owned by insiders.

Union Pacific Stock Down 0.7 %

UNP traded down $1.81 during midday trading on Monday, hitting $240.98. The company had a trading volume of 1,730,332 shares, compared to its average volume of 2,324,740. Union Pacific Co. has a 52 week low of $190.71 and a 52 week high of $258.66. The company has a quick ratio of 0.76, a current ratio of 0.93 and a debt-to-equity ratio of 1.99. The company has a market capitalization of $147.03 billion, a price-to-earnings ratio of 23.17, a PEG ratio of 2.61 and a beta of 1.07. The stock’s 50 day moving average price is $244.27 and its 200 day moving average price is $235.33.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, April 25th. The railroad operator reported $2.69 earnings per share for the quarter, beating the consensus estimate of $2.50 by $0.19. The firm had revenue of $6.03 billion during the quarter, compared to the consensus estimate of $5.97 billion. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. The business’s revenue was down .4% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.67 earnings per share. On average, research analysts anticipate that Union Pacific Co. will post 11.08 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Thursday, February 29th were given a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a dividend yield of 2.16%. The ex-dividend date of this dividend was Wednesday, February 28th. Union Pacific’s payout ratio is presently 49.62%.

Wall Street Analyst Weigh In

UNP has been the topic of a number of recent analyst reports. The Goldman Sachs Group lifted their price objective on shares of Union Pacific from $248.00 to $274.00 and gave the company a “buy” rating in a research note on Thursday, April 11th. BMO Capital Markets raised their target price on shares of Union Pacific from $270.00 to $275.00 and gave the company an “outperform” rating in a research report on Friday, January 26th. Royal Bank of Canada cut their target price on shares of Union Pacific from $282.00 to $272.00 and set an “outperform” rating on the stock in a research report on Friday, January 26th. Evercore ISI lifted their price target on shares of Union Pacific from $271.00 to $273.00 and gave the stock an “outperform” rating in a report on Friday. Finally, Raymond James reiterated a “strong-buy” rating and set a $280.00 price target (up previously from $275.00) on shares of Union Pacific in a report on Friday. Seven equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $258.78.

Union Pacific Company 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.