Union Pacific (NYSE:UNP) had its target price raised by Loop Capital to $191.00 in a research note issued to investors on Friday morning, The Fly reports.
Other research analysts also recently issued reports about the company. Sanford C. Bernstein raised Royal Mail from a market perform rating to an outperform rating in a report on Monday, June 17th. Deutsche Bank lifted their target price on Union Pacific from $197.00 to $206.00 and gave the stock a buy rating in a report on Friday. Cascend Securities downgraded Union Pacific from a buy rating to a hold rating in a report on Wednesday, July 17th. Stifel Nicolaus set a $170.00 target price on Union Pacific and gave the stock a hold rating in a report on Tuesday, April 23rd. Finally, Raymond James reaffirmed a buy rating on shares of West Fraser Timber in a report on Monday, April 22nd. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of Buy and a consensus price target of $178.90.
Shares of UNP opened at $175.30 on Friday. The firm has a market cap of $124.08 billion, a P/E ratio of 22.16, a PEG ratio of 1.97 and a beta of 1.04. Union Pacific has a 12 month low of $128.08 and a 12 month high of $180.02. The stock’s 50-day moving average is $169.67. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.72 and a quick ratio of 0.60.
Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, July 18th. The railroad operator reported $2.22 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $2.12 by $0.10. The firm had revenue of $5.60 billion for the quarter, compared to the consensus estimate of $5.62 billion. Union Pacific had a return on equity of 31.74% and a net margin of 26.95%. The business’s quarterly revenue was down 1.3% compared to the same quarter last year. During the same period in the previous year, the business earned $1.98 EPS. Equities research analysts forecast that Union Pacific will post 8.88 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, May 31st were paid a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 2.01%. The ex-dividend date was Thursday, May 30th. Union Pacific’s dividend payout ratio is 44.50%.
In other Union Pacific news, Director William J. Delaney III acquired 5,000 shares of the company’s stock in a transaction dated Monday, May 20th. The shares were bought at an average cost of $174.06 per share, with a total value of $870,300.00. Following the purchase, the director now directly owns 5,000 shares of the company’s stock, valued at $870,300. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Robert M. Knight, Jr. sold 1,380 shares of the business’s stock in a transaction dated Friday, May 3rd. The shares were sold at an average price of $180.01, for a total value of $248,413.80. Following the completion of the transaction, the executive vice president now directly owns 94,943 shares in the company, valued at $17,090,689.43. The disclosure for this sale can be found here. 9.96% of the stock is owned by insiders.
Institutional investors have recently modified their holdings of the stock. Martingale Asset Management L P lifted its stake in Union Pacific by 137.5% in the fourth quarter. Martingale Asset Management L P now owns 96,264 shares of the railroad operator’s stock valued at $13,307,000 after buying an additional 55,736 shares during the last quarter. Wellington Shields Capital Management LLC lifted its stake in Union Pacific by 18.3% in the fourth quarter. Wellington Shields Capital Management LLC now owns 17,762 shares of the railroad operator’s stock valued at $2,455,000 after buying an additional 2,742 shares during the last quarter. FTB Advisors Inc. lifted its stake in Union Pacific by 3.4% in the fourth quarter. FTB Advisors Inc. now owns 67,596 shares of the railroad operator’s stock valued at $9,343,000 after buying an additional 2,236 shares during the last quarter. Mn Services Vermogensbeheer B.V. lifted its stake in Union Pacific by 242.0% in the fourth quarter. Mn Services Vermogensbeheer B.V. now owns 425,496 shares of the railroad operator’s stock valued at $51,451,000 after buying an additional 301,079 shares during the last quarter. Finally, Paradigm Financial Partners LLC bought a new stake in Union Pacific in the fourth quarter valued at $912,000. 78.95% of the stock is owned by institutional investors and hedge funds.
About Union Pacific
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages in the railroad business in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, fertilizers, and food and beverage products; coal and sand, as well as petroleum, liquid petroleum gases, and renewables; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, and soda ash, as well as intermodal and finished vehicles.
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