Ferguson Wellman Capital Management Inc. Sells 16,350 Shares of Union Pacific Co. (UNP)

Ferguson Wellman Capital Management Inc. lessened its stake in shares of Union Pacific Co. (NYSE:UNP) by 14.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 96,936 shares of the railroad operator’s stock after selling 16,350 shares during the period. Ferguson Wellman Capital Management Inc.’s holdings in Union Pacific were worth $13,000,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of UNP. OMERS ADMINISTRATION Corp increased its stake in shares of Union Pacific by 15.5% in the 2nd quarter. OMERS ADMINISTRATION Corp now owns 1,008,200 shares of the railroad operator’s stock valued at $109,803,000 after purchasing an additional 134,950 shares during the last quarter. Community Bank N.A. increased its stake in shares of Union Pacific by 3.0% in the 2nd quarter. Community Bank N.A. now owns 1,537 shares of the railroad operator’s stock valued at $168,000 after purchasing an additional 45 shares during the last quarter. Northeast Investment Management increased its stake in shares of Union Pacific by 2.8% in the 2nd quarter. Northeast Investment Management now owns 278,258 shares of the railroad operator’s stock valued at $30,305,000 after purchasing an additional 7,663 shares during the last quarter. iAB Financial Bank increased its stake in shares of Union Pacific by 23.8% in the 2nd quarter. iAB Financial Bank now owns 3,900 shares of the railroad operator’s stock valued at $425,000 after purchasing an additional 750 shares during the last quarter. Finally, Clinton Group Inc. increased its stake in shares of Union Pacific by 82.0% in the 2nd quarter. Clinton Group Inc. now owns 25,117 shares of the railroad operator’s stock valued at $2,735,000 after purchasing an additional 11,313 shares during the last quarter. Hedge funds and other institutional investors own 78.28% of the company’s stock.

Several equities analysts have recently issued reports on UNP shares. UBS Group decreased their price target on Union Pacific from $164.00 to $162.00 and set a “buy” rating on the stock in a research note on Friday, January 26th. Daiwa Capital Markets upgraded Union Pacific from a “hold” rating to an “outperform” rating in a research note on Thursday, January 11th. Goldman Sachs Group started coverage on Union Pacific in a research note on Monday, November 13th. They issued a “sell” rating and a $103.00 price target on the stock. Morgan Stanley lifted their price target on Union Pacific from $100.00 to $104.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 31st. Finally, Zacks Investment Research lowered Union Pacific from a “hold” rating to a “sell” rating in a research note on Saturday, January 6th. Three research analysts have rated the stock with a sell rating, thirteen have given a hold rating and ten have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $130.40.

Shares of Union Pacific Co. (NYSE:UNP) opened at $134.27 on Friday. The firm has a market capitalization of $104,640.00, a price-to-earnings ratio of 22.49, a P/E/G ratio of 1.67 and a beta of 0.84. Union Pacific Co. has a 52-week low of $101.06 and a 52-week high of $143.05. The company has a current ratio of 1.02, a quick ratio of 0.97 and a debt-to-equity ratio of 0.65.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, January 25th. The railroad operator reported $1.53 earnings per share for the quarter, missing analysts’ consensus estimates of $1.54 by ($0.01). The firm had revenue of $5.45 billion for the quarter, compared to the consensus estimate of $5.44 billion. Union Pacific had a return on equity of 22.26% and a net margin of 50.43%. The company’s revenue was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.39 EPS. analysts forecast that Union Pacific Co. will post 7.51 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Wednesday, February 28th will be issued a dividend of $0.73 per share. The ex-dividend date is Tuesday, February 27th. This is an increase from Union Pacific’s previous quarterly dividend of $0.67. This represents a $2.92 annualized dividend and a yield of 2.17%. Union Pacific’s payout ratio is presently 44.56%.

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Union Pacific Profile

Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.

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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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