Union Pacific Co. (NYSE:UNP) Shares Sold by Foster & Motley Inc.

Foster & Motley Inc. lowered its position in Union Pacific Co. (NYSE:UNP) by 4.9% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,779 shares of the railroad operator’s stock after selling 758 shares during the period. Foster & Motley Inc.’s holdings in Union Pacific were worth $3,344,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Norges Bank acquired a new stake in Union Pacific during the 4th quarter valued at $1,832,127,000. Capital Research Global Investors grew its holdings in Union Pacific by 7.6% during the 1st quarter. Capital Research Global Investors now owns 7,370,752 shares of the railroad operator’s stock valued at $1,812,689,000 after buying an additional 518,985 shares during the last quarter. Fisher Asset Management LLC grew its holdings in Union Pacific by 2.0% during the 4th quarter. Fisher Asset Management LLC now owns 5,856,266 shares of the railroad operator’s stock valued at $1,438,417,000 after buying an additional 113,946 shares during the last quarter. Franklin Resources Inc. grew its holdings in Union Pacific by 7.1% during the 4th quarter. Franklin Resources Inc. now owns 5,504,181 shares of the railroad operator’s stock valued at $1,351,937,000 after buying an additional 364,029 shares during the last quarter. Finally, Clearbridge Investments LLC grew its holdings in Union Pacific by 5.7% during the 1st quarter. Clearbridge Investments LLC now owns 4,396,974 shares of the railroad operator’s stock valued at $1,081,348,000 after buying an additional 237,083 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analyst Ratings Changes

UNP has been the topic of a number of analyst reports. Daiwa America cut Union Pacific from a “moderate buy” rating to a “hold” rating in a report on Wednesday. Stifel Nicolaus reduced their price target on Union Pacific from $267.00 to $265.00 and set a “buy” rating on the stock in a research note on Wednesday, July 17th. Sanford C. Bernstein reduced their price target on Union Pacific from $290.00 to $273.00 and set an “outperform” rating on the stock in a research note on Monday, July 8th. Loop Capital lowered Union Pacific from a “buy” rating to a “hold” rating and reduced their price target for the stock from $276.00 to $238.00 in a research note on Monday, June 17th. Finally, Susquehanna reduced their price target on Union Pacific from $270.00 to $250.00 and set a “neutral” rating on the stock in a research note on Tuesday, June 25th. Eight equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $258.79.

Insider Buying and Selling at Union Pacific

In other news, President Elizabeth F. Whited sold 3,552 shares of the firm’s stock in a transaction dated Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total transaction of $875,887.68. Following the completion of the sale, the president now directly owns 64,945 shares in the company, valued at $16,014,787.55. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.28% of the stock is currently owned by corporate insiders.

Union Pacific Trading Down 1.6 %

NYSE:UNP opened at $251.53 on Friday. The business’s 50-day moving average is $240.09 and its two-hundred day moving average is $239.36. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.05 and a quick ratio of 0.86. Union Pacific Co. has a 12 month low of $199.33 and a 12 month high of $258.66. The firm has a market capitalization of $153.23 billion, a PE ratio of 24.00, a price-to-earnings-growth ratio of 2.27 and a beta of 1.05.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, July 25th. The railroad operator reported $2.74 EPS for the quarter, beating the consensus estimate of $2.71 by $0.03. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. The company had revenue of $6.01 billion for the quarter, compared to analyst estimates of $6.05 billion. During the same period last year, the company posted $2.57 earnings per share. The firm’s revenue was up .7% compared to the same quarter last year. Research analysts predict that Union Pacific Co. will post 11.11 earnings per share for the current fiscal year.

Union Pacific Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, August 30th will be given a $1.34 dividend. The ex-dividend date is Friday, August 30th. This is a positive change from Union Pacific’s previous quarterly dividend of $1.30. This represents a $5.36 annualized dividend and a yield of 2.13%. Union Pacific’s dividend payout ratio (DPR) is 51.15%.

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.