Union Pacific Co. (NYSE:UNP) Shares Sold by Ferguson Wellman Capital Management Inc.

Ferguson Wellman Capital Management Inc. lowered its stake in Union Pacific Co. (NYSE:UNP) by 11.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 45,266 shares of the railroad operator’s stock after selling 6,042 shares during the quarter. Ferguson Wellman Capital Management Inc.’s holdings in Union Pacific were worth $11,157,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Wedmont Private Capital lifted its position in shares of Union Pacific by 7.0% during the first quarter. Wedmont Private Capital now owns 3,454 shares of the railroad operator’s stock worth $832,000 after purchasing an additional 227 shares in the last quarter. Aprio Wealth Management LLC acquired a new stake in shares of Union Pacific during the first quarter worth about $202,000. RFG Advisory LLC lifted its position in shares of Union Pacific by 2.9% during the first quarter. RFG Advisory LLC now owns 6,540 shares of the railroad operator’s stock worth $1,608,000 after purchasing an additional 182 shares in the last quarter. First Affirmative Financial Network lifted its position in shares of Union Pacific by 5.2% during the first quarter. First Affirmative Financial Network now owns 1,172 shares of the railroad operator’s stock worth $288,000 after purchasing an additional 58 shares in the last quarter. Finally, MJP Associates Inc. ADV lifted its position in shares of Union Pacific by 8.4% during the first quarter. MJP Associates Inc. ADV now owns 1,477 shares of the railroad operator’s stock worth $363,000 after purchasing an additional 115 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. Stifel Nicolaus reduced their target price on shares of Union Pacific from $267.00 to $265.00 and set a “buy” rating on the stock in a report on Wednesday, July 17th. TD Cowen reduced their target price on shares of Union Pacific from $259.00 to $255.00 and set a “buy” rating on the stock in a report on Friday, July 26th. Evercore ISI cut shares of Union Pacific from an “outperform” rating to an “inline” rating and reduced their target price for the company from $254.00 to $247.00 in a report on Wednesday, September 25th. Benchmark reaffirmed a “buy” rating and issued a $266.00 target price on shares of Union Pacific in a report on Monday, July 29th. Finally, Raymond James raised their target price on shares of Union Pacific from $265.00 to $275.00 and gave the company a “strong-buy” rating in a report on Monday, October 14th. Nine equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Union Pacific currently has a consensus rating of “Moderate Buy” and an average target price of $259.25.

Insider Buying and Selling

In related news, President Elizabeth F. Whited sold 3,552 shares of Union Pacific stock in a transaction dated Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total transaction of $875,887.68. Following the completion of the sale, the president now owns 64,945 shares in the company, valued at approximately $16,014,787.55. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.28% of the stock is currently owned by company insiders.

Union Pacific Price Performance

Union Pacific stock traded up $2.38 during midday trading on Friday, reaching $244.10. The company’s stock had a trading volume of 2,866,129 shares, compared to its average volume of 2,270,152. The firm has a market capitalization of $148.93 billion, a PE ratio of 23.29, a P/E/G 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 fifty-two week low of $199.97 and a fifty-two week high of $258.66. The stock’s 50 day simple moving average is $246.41 and its 200 day simple moving average is $238.64.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, July 25th. The railroad operator reported $2.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.71 by $0.03. The business had revenue of $6.01 billion during the quarter, compared to the consensus estimate of $6.05 billion. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. The business’s revenue was up .7% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.57 EPS. On average, equities research analysts forecast that Union Pacific Co. will post 11.07 earnings per share for the current year.

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.