Folger Nolan Fleming Douglas Capital Management Inc. Has $7.25 Million Holdings in Union Pacific Co. (NYSE:UNP)

Folger Nolan Fleming Douglas Capital Management Inc. reduced its position in Union Pacific Co. (NYSE:UNP) by 4.2% in the 1st quarter, Holdings Channel reports. The firm owned 30,691 shares of the railroad operator’s stock after selling 1,332 shares during the quarter. Folger Nolan Fleming Douglas Capital Management Inc.’s holdings in Union Pacific were worth $7,250,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. EnRich Financial Partners LLC bought a new stake in Union Pacific in the fourth quarter valued at about $31,000. PrairieView Partners LLC bought a new position in shares of Union Pacific during the 4th quarter worth approximately $34,000. Strategic Investment Solutions Inc. IL lifted its position in shares of Union Pacific by 38.8% during the 4th quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator’s stock worth $39,000 after buying an additional 45 shares during the period. Kentucky Trust Co acquired a new stake in Union Pacific in the 4th quarter valued at $40,000. Finally, Stonebridge Financial Group LLC acquired a new position in Union Pacific during the fourth quarter worth $45,000. 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. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. Union Pacific Co. has a twelve month low of $204.66 and a twelve month high of $258.07. The company’s fifty day moving average is $220.59 and its 200-day moving average is $231.80. The stock 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.

Union Pacific (NYSE:UNP) last posted its 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 business had revenue of $6.03 billion during the quarter, compared to analyst estimates of $6.11 billion. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. The firm’s revenue was down .1% on a year-over-year basis. During the same period in the previous year, the firm posted $2.69 earnings per share. Equities research 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. Shareholders of record on Friday, May 30th will be issued a dividend of $1.34 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $5.36 annualized dividend and a yield of 2.38%. Union Pacific’s dividend payout ratio (DPR) is currently 48.29%.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. The Goldman Sachs Group restated a “neutral” rating and issued a $263.00 price target on shares of Union Pacific in a research report on Monday, June 2nd. Argus raised Union Pacific to a “strong-buy” rating in a report on Friday, May 16th. Stifel Nicolaus dropped their price target on Union Pacific from $270.00 to $248.00 and set a “buy” rating for the company in a report on Monday, April 14th. Raymond James reissued a “strong-buy” rating on shares of Union Pacific in a research note on Friday, April 25th. Finally, Redburn Atlantic raised Union Pacific from a “neutral” rating to a “buy” rating and set a $259.00 price target for the company in a report on Wednesday, April 16th. One equities research 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 company. According to MarketBeat.com, Union Pacific has a consensus rating of “Moderate Buy” and a consensus price target 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.