Fidelis Capital Partners LLC Acquires 3,590 Shares of Union Pacific Co. (NYSE:UNP)

Fidelis Capital Partners LLC raised its holdings in Union Pacific Co. (NYSE:UNP) by 69.5% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,754 shares of the railroad operator’s stock after purchasing an additional 3,590 shares during the quarter. Fidelis Capital Partners LLC’s holdings in Union Pacific were worth $2,073,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. OLD Point Trust & Financial Services N A bought a new position in shares of Union Pacific in the fourth quarter valued at about $25,000. Richardson Capital Management LLC acquired a new stake in Union Pacific in the 1st quarter valued at about $26,000. Raleigh Capital Management Inc. raised its stake in shares of Union Pacific by 211.4% in the fourth quarter. Raleigh Capital Management Inc. now owns 109 shares of the railroad operator’s stock worth $27,000 after acquiring an additional 74 shares during the last quarter. Cultivar Capital Inc. acquired a new position in shares of Union Pacific during the second quarter worth approximately $27,000. Finally, Scarborough Advisors LLC bought a new stake in shares of Union Pacific during the fourth quarter valued at approximately $29,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Performance

Shares of Union Pacific stock opened at $245.39 on Friday. Union Pacific Co. has a 12 month low of $199.33 and a 12 month high of $258.66. The company has a current ratio of 1.05, a quick ratio of 0.86 and a debt-to-equity ratio of 1.89. The company has a market capitalization of $149.72 billion, a PE ratio of 23.42, a PEG ratio of 2.24 and a beta of 1.05. The stock’s fifty day simple moving average is $245.45 and its 200 day simple moving average is $239.07.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, July 25th. The railroad operator reported $2.74 earnings per share for the quarter, beating the consensus estimate of $2.71 by $0.03. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. The business had revenue of $6.01 billion for the quarter, compared to analysts’ expectations of $6.05 billion. During the same quarter in the previous year, the business posted $2.57 EPS. Union Pacific’s revenue for the quarter was up .7% on a year-over-year basis. On average, research analysts predict that Union Pacific Co. will post 11.11 EPS for the current year.

Union Pacific Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, August 30th will be given a dividend of $1.34 per share. This is an increase from Union Pacific’s previous quarterly dividend of $1.30. The ex-dividend date is Friday, August 30th. This represents a $5.36 annualized dividend and a dividend yield of 2.18%. Union Pacific’s dividend payout ratio is currently 51.15%.

Analyst Ratings Changes

Several research analysts recently weighed in on UNP shares. StockNews.com cut shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, June 18th. Royal Bank of Canada restated an “outperform” rating and set a $275.00 target price on shares of Union Pacific in a research report on Friday. Loop Capital cut Union Pacific from a “buy” rating to a “hold” rating and decreased their price target for the company from $276.00 to $238.00 in a report on Monday, June 17th. Stifel Nicolaus lowered their price objective on Union Pacific from $267.00 to $265.00 and set a “buy” rating for the company in a research report on Wednesday, July 17th. Finally, Barclays cut their target price on shares of Union Pacific from $290.00 to $280.00 and set an “overweight” rating on the stock in a research report on Friday, July 26th. Eight equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $258.79.

Insider Buying and Selling

In related news, President Elizabeth F. Whited sold 3,552 shares of the company’s stock in a transaction on Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total value of $875,887.68. Following the completion of the transaction, the president now directly owns 64,945 shares of the company’s stock, valued at approximately $16,014,787.55. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.28% of the stock is currently owned by company insiders.

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.