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

Ferguson Wellman Capital Management Inc. cut its stake in shares of Union Pacific Co. (NYSE:UNP) by 14.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund 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 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. FMR LLC lifted its position in shares of Union Pacific by 84.6% in the second quarter. FMR LLC now owns 9,603,068 shares of the railroad operator’s stock valued at $1,045,870,000 after buying an additional 4,399,980 shares during the last quarter. Janus Henderson Group PLC lifted its position in shares of Union Pacific by 990.5% in the second quarter. Janus Henderson Group PLC now owns 2,243,574 shares of the railroad operator’s stock valued at $244,339,000 after buying an additional 2,037,834 shares during the last quarter. Voya Investment Management LLC lifted its position in shares of Union Pacific by 88.7% in the second quarter. Voya Investment Management LLC now owns 4,060,423 shares of the railroad operator’s stock valued at $442,221,000 after buying an additional 1,908,175 shares during the last quarter. Ameriprise Financial Inc. lifted its position in shares of Union Pacific by 59.3% in the second quarter. Ameriprise Financial Inc. now owns 4,773,609 shares of the railroad operator’s stock valued at $519,785,000 after buying an additional 1,776,644 shares during the last quarter. Finally, Canada Pension Plan Investment Board lifted its position in shares of Union Pacific by 88.5% in the third quarter. Canada Pension Plan Investment Board now owns 3,558,005 shares of the railroad operator’s stock valued at $412,622,000 after buying an additional 1,670,095 shares during the last quarter. 78.28% of the stock is owned by hedge funds and other institutional investors.

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

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

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

A number of analysts have recently issued reports on UNP shares. UBS Group raised Union Pacific from a “neutral” rating to a “buy” rating in a research report on Friday, January 5th. BMO Capital Markets reaffirmed a “buy” rating and issued a $150.00 price objective on shares of Union Pacific in a research report on Monday, January 8th. Royal Bank of Canada reaffirmed a “hold” rating and issued a $124.00 price objective on shares of Union Pacific in a research report on Thursday, November 9th. Zacks Investment Research cut Union Pacific from a “buy” rating to a “hold” rating in a report on Thursday, November 2nd. Finally, Goldman Sachs Group started coverage on Union Pacific in a report on Monday, November 13th. They set a “sell” rating and a $103.00 price target for the company. Three investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and ten have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $130.40.

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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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