Fulton Breakefield Broenniman LLC Sells 892 Shares of Union Pacific Co. (NYSE:UNP)

Fulton Breakefield Broenniman LLC lowered its holdings in shares of Union Pacific Co. (NYSE:UNP) by 1.3% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 67,553 shares of the railroad operator’s stock after selling 892 shares during the period. Union Pacific accounts for approximately 1.2% of Fulton Breakefield Broenniman LLC’s holdings, making the stock its 27th largest position. Fulton Breakefield Broenniman LLC’s holdings in Union Pacific were worth $16,650,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of UNP. Richardson Capital Management LLC acquired a new stake in Union Pacific during the 1st quarter valued at $26,000. Cultivar Capital Inc. acquired a new stake in shares of Union Pacific during the 2nd quarter worth about $27,000. Strategic Investment Solutions Inc. IL bought a new stake in shares of Union Pacific during the 2nd quarter worth about $28,000. Scarborough Advisors LLC acquired a new position in Union Pacific in the 4th quarter valued at about $29,000. Finally, Tributary Capital Management LLC bought a new position in Union Pacific in the 1st quarter valued at about $30,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Price Performance

Union Pacific stock opened at $248.11 on Thursday. The stock has a fifty day moving average of $246.25 and a 200-day moving average of $238.61. The stock has a market capitalization of $151.15 billion, a P/E ratio of 23.30, a price-to-earnings-growth ratio of 2.27 and a beta of 1.05. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.86 and a current ratio of 1.05. Union Pacific Co. has a 52 week low of $199.97 and a 52 week high of $258.66.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, July 25th. The railroad operator reported $2.74 earnings per share for the quarter, beating analysts’ consensus estimates of $2.71 by $0.03. The company had revenue of $6.01 billion for the quarter, compared to the consensus estimate of $6.05 billion. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The firm’s quarterly revenue was up .7% compared to the same quarter last year. During the same period last year, the company posted $2.57 EPS. On average, sell-side analysts expect that Union Pacific Co. will post 11.07 earnings per share for the current fiscal year.

Insider Activity

In related news, President Elizabeth F. Whited sold 3,552 shares of the business’s stock in a transaction on Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total transaction of $875,887.68. Following the sale, the president now owns 64,945 shares in the company, valued at $16,014,787.55. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.26% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on UNP. Stifel Nicolaus reduced their price objective on Union Pacific from $267.00 to $265.00 and set a “buy” rating for the company in a report on Wednesday, July 17th. Susquehanna increased their price objective on Union Pacific from $250.00 to $260.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 2nd. Raymond James lifted their target price on Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a report on Monday. Benchmark restated a “buy” rating and issued a $266.00 price target on shares of Union Pacific in a research note on Monday, July 29th. Finally, Daiwa America cut shares of Union Pacific from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, September 4th. Nine investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $259.25.

Union Pacific 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.