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

Folger Nolan Fleming Douglas Capital Management Inc. lessened its holdings in Union Pacific Co. (NYSE:UNP) by 4.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 30,691 shares of the railroad operator’s stock after selling 1,332 shares during the period. Folger Nolan Fleming Douglas Capital Management Inc.’s holdings in Union Pacific were worth $7,250,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. Norges Bank acquired a new position in Union Pacific in the 4th quarter valued at about $1,927,377,000. Raymond James Financial Inc. purchased a new position in shares of Union Pacific during the 4th quarter worth $1,035,905,000. GAMMA Investing LLC boosted its stake in Union Pacific by 27,502.8% in the 1st quarter. GAMMA Investing LLC now owns 2,491,151 shares of the railroad operator’s stock worth $588,510,000 after buying an additional 2,482,126 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Union Pacific by 12.6% in the fourth quarter. Geode Capital Management LLC now owns 14,430,581 shares of the railroad operator’s stock worth $3,282,305,000 after acquiring an additional 1,616,895 shares during the last quarter. Finally, Capital Research Global Investors boosted its holdings in shares of Union Pacific by 14.3% in the 4th quarter. Capital Research Global Investors now owns 10,395,364 shares of the railroad operator’s stock valued at $2,370,559,000 after purchasing an additional 1,298,178 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Trading Down 0.2%

Shares of NYSE UNP opened at $225.30 on Friday. Union Pacific Co. has a 12 month low of $204.66 and a 12 month high of $258.07. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. The company has a market cap of $134.61 billion, a price-to-earnings ratio of 20.32, a P/E/G ratio of 2.15 and a beta of 1.05. The business has a fifty day simple moving average of $220.59 and a 200-day simple moving average of $231.80.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.73 by ($0.03). The company had revenue of $6.03 billion during the quarter, compared to analysts’ expectations of $6.11 billion. Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. Union Pacific’s revenue for the quarter was down .1% compared to the same quarter last year. During the same period last year, the company earned $2.69 earnings per share. Sell-side analysts predict that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, May 30th will be given a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a yield of 2.38%. The ex-dividend date of this dividend is Friday, May 30th. Union Pacific’s dividend payout ratio (DPR) is currently 48.29%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on UNP. UBS Group decreased their price target on shares of Union Pacific from $255.00 to $245.00 and set a “neutral” rating for the company in a research report on Wednesday, April 2nd. Stephens lowered their price target on Union Pacific from $275.00 to $255.00 and set an “overweight” rating for the company in a report on Monday, April 28th. Citigroup upgraded Union Pacific from a “neutral” rating to a “buy” rating and decreased their target price for the company from $260.00 to $244.00 in a research note on Tuesday, April 8th. Jefferies Financial Group lowered their price target on shares of Union Pacific from $255.00 to $230.00 and set a “hold” rating for the company in a research report on Wednesday, April 9th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and set a $263.00 target price on shares of Union Pacific in a research note on Monday, June 2nd. One analyst has rated the stock with a sell rating, seven have given a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $257.74.

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.