Folger Nolan Fleming Douglas Capital Management Inc. Grows Stake in Union Pacific Corporation $UNP

Folger Nolan Fleming Douglas Capital Management Inc. increased its position in Union Pacific Corporation (NYSE:UNP) by 7.5% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 32,511 shares of the railroad operator’s stock after acquiring an additional 2,276 shares during the period. Folger Nolan Fleming Douglas Capital Management Inc.’s holdings in Union Pacific were worth $7,888,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of UNP. Rachor Investment Advisory Services LLC purchased a new position in Union Pacific in the fourth quarter worth about $25,000. Tucker Asset Management LLC bought a new stake in Union Pacific during the fourth quarter valued at approximately $25,000. SWAN Capital LLC increased its holdings in Union Pacific by 2,575.0% during the fourth quarter. SWAN Capital LLC now owns 107 shares of the railroad operator’s stock valued at $25,000 after buying an additional 103 shares during the last quarter. High Point Wealth Management LLC bought a new position in Union Pacific in the fourth quarter worth approximately $26,000. Finally, Caitlin John LLC bought a new position in Union Pacific in the third quarter worth approximately $27,000. Institutional investors own 80.38% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on UNP. BMO Capital Markets reissued a “market perform” rating and set a $285.00 price objective (up from $278.00) on shares of Union Pacific in a research report on Friday, April 24th. Citigroup restated a “buy” rating and set a $307.00 target price (up from $285.00) on shares of Union Pacific in a research note on Friday, April 24th. Weiss Ratings cut Union Pacific from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, June 23rd. Benchmark boosted their price objective on Union Pacific from $275.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, April 24th. Finally, Sanford C. Bernstein increased their price objective on shares of Union Pacific from $289.00 to $293.00 and gave the company an “outperform” rating in a report on Tuesday, March 31st. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $283.11.

Union Pacific Stock Performance

UNP stock opened at $272.89 on Tuesday. The firm has a market cap of $162.02 billion, a price-to-earnings ratio of 22.48, a PEG ratio of 2.82 and a beta of 0.97. Union Pacific Corporation has a one year low of $210.84 and a one year high of $279.70. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.73 and a current ratio of 0.92. The firm has a 50-day simple moving average of $265.48 and a two-hundred day simple moving average of $251.21.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.86 by $0.07. Union Pacific had a return on equity of 39.58% and a net margin of 29.20%.The business had revenue of $6.22 billion for the quarter, compared to the consensus estimate of $6.12 billion. During the same period in the prior year, the firm posted $2.70 earnings per share. The business’s quarterly revenue was up 3.2% on a year-over-year basis. On average, equities analysts forecast that Union Pacific Corporation will post 12.55 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, May 29th will be paid a dividend of $1.38 per share. The ex-dividend date is Friday, May 29th. This represents a $5.52 dividend on an annualized basis and a yield of 2.0%. Union Pacific’s dividend payout ratio is presently 45.47%.

Insider Activity at Union Pacific

In other Union Pacific news, CFO Jennifer L. Hamann sold 2,000 shares of Union Pacific stock in a transaction that occurred on Friday, April 24th. The shares were sold at an average price of $274.70, for a total transaction of $549,400.00. Following the completion of the sale, the chief financial officer directly owned 114,642 shares in the company, valued at approximately $31,492,157.40. The trade was a 1.71% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Eric J. Gehringer sold 2,991 shares of the business’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $263.96, for a total transaction of $789,504.36. Following the transaction, the executive vice president owned 43,012 shares of the company’s stock, valued at $11,353,447.52. This represents a 6.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 32,378 shares of company stock valued at $8,781,595 in the last ninety days. Company insiders own 0.22% of the company’s stock.

Union Pacific Company Profile

Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.