Beese Fulmer Investment Management Inc. Lowers Stock Holdings in Union Pacific Co. (NYSE:UNP)

Beese Fulmer Investment Management Inc. lessened its stake in shares of Union Pacific Co. (NYSE:UNP) by 0.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 45,315 shares of the railroad operator’s stock after selling 148 shares during the period. Beese Fulmer Investment Management Inc.’s holdings in Union Pacific were worth $10,334,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in UNP. Brookstone Capital Management increased its stake in Union Pacific by 1.0% during the 3rd quarter. Brookstone Capital Management now owns 19,239 shares of the railroad operator’s stock valued at $4,742,000 after purchasing an additional 196 shares in the last quarter. Sovereign Financial Group Inc. purchased a new stake in shares of Union Pacific during the third quarter valued at approximately $210,000. Marcum Wealth LLC raised its holdings in Union Pacific by 4.4% in the 3rd quarter. Marcum Wealth LLC now owns 2,795 shares of the railroad operator’s stock worth $689,000 after acquiring an additional 118 shares during the last quarter. Wedmont Private Capital raised its holdings in Union Pacific by 10.8% in the 3rd quarter. Wedmont Private Capital now owns 4,743 shares of the railroad operator’s stock worth $1,123,000 after acquiring an additional 462 shares during the last quarter. Finally, Sanibel Captiva Trust Company Inc. boosted its stake in Union Pacific by 1.8% during the 3rd quarter. Sanibel Captiva Trust Company Inc. now owns 5,602 shares of the railroad operator’s stock valued at $1,381,000 after purchasing an additional 100 shares during the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Down 0.4 %

Shares of UNP stock opened at $243.61 on Friday. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.63. Union Pacific Co. has a one year low of $218.55 and a one year high of $258.66. The company’s fifty day moving average price is $235.23 and its 200-day moving average price is $240.15. The company has a market capitalization of $147.69 billion, a price-to-earnings ratio of 21.97, a PEG ratio of 2.15 and a beta of 1.06.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 EPS for the quarter, beating analysts’ consensus estimates of $2.76 by $0.15. Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. During the same quarter in the previous year, the firm earned $2.71 EPS. Sell-side analysts expect that Union Pacific Co. will post 12.03 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be paid a $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.20%. Union Pacific’s payout ratio is 48.33%.

Insider Buying and Selling at Union Pacific

In related news, EVP Craig V. Richardson sold 6,495 shares of the firm’s stock in a transaction on Monday, January 27th. The shares were sold at an average price of $252.00, for a total transaction of $1,636,740.00. Following the completion of the transaction, the executive vice president now directly owns 26,319 shares of the company’s stock, valued at approximately $6,632,388. This trade represents a 19.79 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, President Elizabeth F. Whited sold 7,500 shares of Union Pacific stock in a transaction on Friday, January 24th. The shares were sold at an average price of $250.00, for a total transaction of $1,875,000.00. Following the completion of the sale, the president now owns 64,960 shares in the company, valued at approximately $16,240,000. This represents a 10.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.26% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. BMO Capital Markets boosted their price target on Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. Benchmark boosted their target price on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Royal Bank of Canada dropped their price target on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. Raymond James reissued a “strong-buy” rating and set a $285.00 price objective (up from $265.00) on shares of Union Pacific in a report on Friday, January 24th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $261.40.

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.