Union Pacific Corporation $UNP Shares Purchased by Folger Nolan Fleming Douglas Capital Management Inc.

Folger Nolan Fleming Douglas Capital Management Inc. lifted its holdings in Union Pacific Corporation (NYSE:UNP) by 7.5% in the 1st quarter, Holdings Channel.com reports. The firm owned 32,511 shares of the railroad operator’s stock after purchasing an additional 2,276 shares during the quarter. 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 hedge funds also recently bought and sold shares of UNP. Rehmann Capital Advisory Group increased its position in shares of Union Pacific by 0.6% in the fourth quarter. Rehmann Capital Advisory Group now owns 6,637 shares of the railroad operator’s stock valued at $1,535,000 after buying an additional 42 shares in the last quarter. Fairvoy Private Wealth LLC increased its holdings in Union Pacific by 3.8% in the 1st quarter. Fairvoy Private Wealth LLC now owns 1,156 shares of the railroad operator’s stock worth $280,000 after acquiring an additional 42 shares in the last quarter. Moss Adams Wealth Advisors LLC increased its holdings in Union Pacific by 2.0% in the 1st quarter. Moss Adams Wealth Advisors LLC now owns 2,096 shares of the railroad operator’s stock worth $508,000 after acquiring an additional 42 shares in the last quarter. AA Financial Advisors LLC lifted its holdings in Union Pacific by 3.1% during the first quarter. AA Financial Advisors LLC now owns 1,452 shares of the railroad operator’s stock valued at $352,000 after purchasing an additional 43 shares in the last quarter. Finally, Rosenblum Silverman Sutton S F Inc. CA lifted its holdings in Union Pacific by 3.7% during the fourth quarter. Rosenblum Silverman Sutton S F Inc. CA now owns 1,221 shares of the railroad operator’s stock valued at $282,000 after purchasing an additional 43 shares in the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Insiders Place Their Bets

In other Union Pacific news, EVP Eric J. Gehringer sold 2,991 shares of Union Pacific stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $263.96, for a total transaction of $789,504.36. Following the completion of the sale, the executive vice president directly owned 43,012 shares in the company, valued at $11,353,447.52. This trade represents a 6.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Jennifer L. Hamann sold 2,000 shares of the business’s 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 $31,492,157.40. This trade represents a 1.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 32,378 shares of company stock valued at $8,781,595 over the last 90 days. 0.22% of the stock is owned by company insiders.

Union Pacific Price Performance

Shares of UNP stock opened at $272.89 on Tuesday. Union Pacific Corporation has a 12 month low of $210.84 and a 12 month high of $279.70. The company has a market capitalization of $162.02 billion, a PE ratio of 22.48, a price-to-earnings-growth ratio of 2.82 and a beta of 0.97. The firm’s 50-day moving average is $265.48 and its two-hundred day moving average is $251.21. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.92 and a quick ratio of 0.73.

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

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, May 29th will be given a $1.38 dividend. The ex-dividend date of this dividend 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%.

Analysts Set New Price Targets

A number of analysts have recently commented on the stock. Barclays reissued an “overweight” rating and set a $315.00 target price (up from $285.00) on shares of Union Pacific in a research note on Friday, April 24th. Citigroup reiterated a “buy” rating and set a $307.00 price objective (up from $285.00) on shares of Union Pacific in a research note on Friday, April 24th. Benchmark raised their target price on Union Pacific from $275.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, April 24th. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $300.00 price target (up from $260.00) on shares of Union Pacific in a research note on Friday, April 24th. Finally, Evercore reissued an “outperform” rating and issued a $294.00 price objective on shares of Union Pacific in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, Union Pacific currently has an average rating of “Moderate Buy” and a consensus price target of $283.11.

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.