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

Folger Nolan Fleming Douglas Capital Management Inc. decreased its position in Union Pacific Co. (NYSE:UNP) by 0.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 32,553 shares of the railroad operator’s stock after selling 225 shares during the period. Folger Nolan Fleming Douglas Capital Management Inc.’s holdings in Union Pacific were worth $7,996,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. BluePath Capital Management LLC purchased a new position in shares of Union Pacific during the 3rd quarter valued at about $25,000. Valued Wealth Advisors LLC purchased a new position in shares of Union Pacific during the 4th quarter valued at about $28,000. Stuart Chaussee & Associates Inc. purchased a new position in shares of Union Pacific during the 4th quarter valued at about $36,000. Fortitude Family Office LLC purchased a new position in shares of Union Pacific during the 4th quarter valued at about $44,000. Finally, Hexagon Capital Partners LLC raised its stake in shares of Union Pacific by 48.6% during the 3rd quarter. Hexagon Capital Partners LLC now owns 309 shares of the railroad operator’s stock valued at $63,000 after buying an additional 101 shares during the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on UNP shares. TD Cowen lifted their price objective on Union Pacific from $252.00 to $258.00 and gave the company a “buy” rating in a research note on Friday. Stifel Nicolaus lifted their price objective on Union Pacific from $231.00 to $248.00 and gave the company a “hold” rating in a research note on Friday, April 12th. BMO Capital Markets lifted their price objective on Union Pacific from $270.00 to $275.00 and gave the company an “outperform” rating in a research note on Friday, January 26th. JPMorgan Chase & Co. lifted their price objective on Union Pacific from $237.00 to $243.00 and gave the company a “neutral” rating in a research note on Tuesday, April 9th. Finally, StockNews.com upgraded Union Pacific from a “hold” rating to a “buy” rating in a research report on Friday. Seven investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $258.78.

Insider Transactions at Union Pacific

In other news, President Elizabeth F. Whited sold 3,750 shares of the business’s stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $250.00, for a total transaction 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 sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 0.28% of the company’s stock.

Union Pacific Price Performance

UNP stock traded down $0.76 during trading on Friday, hitting $242.79. The stock had a trading volume of 2,255,458 shares, compared to its average volume of 2,120,671. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.93 and a quick ratio of 0.67. Union Pacific Co. has a twelve month low of $190.45 and a twelve month high of $258.66. The stock has a market capitalization of $148.13 billion, a P/E ratio of 23.17, a PEG ratio of 2.63 and a beta of 1.07. The company’s 50-day moving average price is $244.27 and its two-hundred day moving average price is $234.95.

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

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Thursday, February 29th were issued a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a dividend yield of 2.14%. The ex-dividend date of this dividend was Wednesday, February 28th. Union Pacific’s dividend payout ratio is currently 49.62%.

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.