Folger Nolan Fleming Douglas Capital Management Inc. Decreases Stake in Union Pacific Co. (NYSE:UNP)

Folger Nolan Fleming Douglas Capital Management Inc. lessened its stake in Union Pacific Co. (NYSE:UNP - Free Report) by 4.2% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 30,691 shares of the railroad operator's stock after selling 1,332 shares during the period. Folger Nolan Fleming Douglas Capital Management Inc.'s holdings in Union Pacific were worth $7,250,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in UNP. Norges Bank purchased a new position in Union Pacific during the 4th quarter valued at about $1,927,377,000. Raymond James Financial Inc. acquired a new stake in shares of Union Pacific during the fourth quarter worth about $1,035,905,000. GAMMA Investing LLC boosted its stake in shares of Union Pacific by 27,502.8% in the first quarter. GAMMA Investing LLC now owns 2,491,151 shares of the railroad operator's stock valued at $588,510,000 after purchasing an additional 2,482,126 shares during the period. Geode Capital Management LLC grew its holdings in shares of Union Pacific by 12.6% in the fourth quarter. Geode Capital Management LLC now owns 14,430,581 shares of the railroad operator's stock valued at $3,282,305,000 after purchasing an additional 1,616,895 shares in the last quarter. Finally, Capital Research Global Investors increased its stake in Union Pacific by 14.3% during the 4th quarter. Capital Research Global Investors now owns 10,395,364 shares of the railroad operator's stock worth $2,370,559,000 after buying an additional 1,298,178 shares during the period. Hedge funds and other institutional investors own 80.38% of the company's stock.

Union Pacific Stock Performance

NYSE UNP traded up $1.22 during trading on Monday, reaching $224.59. The company's stock had a trading volume of 2,648,677 shares, compared to its average volume of 3,033,636. The business's fifty day moving average price is $220.90 and its 200-day moving average price is $231.45. Union Pacific Co. has a twelve month low of $204.66 and a twelve month high of $258.07. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77. The firm has a market cap of $134.19 billion, a price-to-earnings ratio of 20.25, a P/E/G ratio of 2.15 and a beta of 1.05.

Union Pacific (NYSE:UNP - Get Free Report) last released 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). Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. The company had revenue of $6.03 billion during the quarter, compared to analyst estimates of $6.11 billion. During the same period in the previous year, the firm posted $2.69 EPS. The company's revenue for the quarter was down .1% on a year-over-year basis. As a group, analysts anticipate that Union Pacific Co. will post 11.99 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, May 30th will be paid a $1.34 dividend. This represents a $5.36 annualized dividend and a dividend yield of 2.39%. The ex-dividend date of this dividend is Friday, May 30th. Union Pacific's dividend payout ratio (DPR) is presently 48.29%.

Wall Street Analyst Weigh In

UNP has been the topic of several analyst reports. Jefferies Financial Group reduced their price objective on Union Pacific from $255.00 to $230.00 and set a "hold" rating on the stock in a research note on Wednesday, April 9th. Stephens reduced their target price on shares of Union Pacific from $275.00 to $255.00 and set an "overweight" rating on the stock in a report on Monday, April 28th. Susquehanna lowered their price target on shares of Union Pacific from $255.00 to $245.00 and set a "neutral" rating for the company in a report on Friday, April 25th. Citigroup upgraded shares of Union Pacific from a "neutral" rating to a "buy" rating and reduced their price objective for the company from $260.00 to $244.00 in a report on Tuesday, April 8th. Finally, UBS Group decreased their price objective on shares of Union Pacific from $255.00 to $245.00 and set a "neutral" rating for the company in a research report on Wednesday, April 2nd. One analyst has rated the stock with a sell rating, seven have given a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, Union Pacific currently has an average rating of "Moderate Buy" and an average price target of $257.74.

About Union Pacific

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.