Union Pacific (NYSE:UNP) had its price target hoisted by Deutsche Bank from $197.00 to $206.00 in a research note released on Friday, The Fly reports. The brokerage currently has a buy rating on the railroad operator’s stock.
Other equities research analysts have also issued reports about the stock. Stifel Nicolaus set a $170.00 price target on shares of Union Pacific and gave the company a hold rating in a report on Tuesday, April 23rd. Morgan Stanley set a $36.00 price target on shares of ArcBest and gave the company a hold rating in a report on Monday, July 8th. Sanford C. Bernstein raised shares of Royal Mail from a market perform rating to an outperform rating in a report on Monday, June 17th. Zacks Investment Research raised shares of Jack Henry & Associates from a sell rating to a hold rating in a report on Wednesday, March 27th. Finally, ValuEngine lowered shares of United Rentals from a sell rating to a strong sell rating in a report on Thursday. One analyst has rated the stock with a sell rating, ten have assigned a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of Buy and an average price target of $178.90.
NYSE:UNP opened at $175.30 on Friday. Union Pacific has a one year low of $128.08 and a one year high of $180.02. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.60 and a current ratio of 0.72. The stock has a market capitalization of $124.08 billion, a price-to-earnings ratio of 22.16, a price-to-earnings-growth ratio of 1.97 and a beta of 1.04. The firm has a fifty day simple moving average of $169.67.
Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, July 18th. The railroad operator reported $2.22 EPS for the quarter, beating the consensus estimate of $2.12 by $0.10. Union Pacific had a net margin of 26.95% and a return on equity of 31.74%. The company had revenue of $5.60 billion for the quarter, compared to analyst estimates of $5.62 billion. During the same period in the prior year, the company earned $1.98 earnings per share. The firm’s revenue was down 1.3% on a year-over-year basis. On average, research analysts predict that Union Pacific will post 8.88 EPS for the current year.
The business also recently declared a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, May 31st were paid a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 2.01%. The ex-dividend date was Thursday, May 30th. Union Pacific’s dividend payout ratio is presently 44.50%.
In related news, EVP Robert M. Knight, Jr. sold 1,380 shares of the firm’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 transaction, the executive vice president now directly owns 94,943 shares of the company’s stock, valued at approximately $17,090,689.43. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director William J. Delaney III purchased 5,000 shares of the firm’s stock in a transaction that occurred on Monday, May 20th. The stock was bought at an average cost of $174.06 per share, for a total transaction of $870,300.00. Following the completion of the purchase, the director now directly owns 5,000 shares in the company, valued at approximately $870,300. The disclosure for this purchase can be found here. Company insiders own 9.96% of the company’s stock.
Institutional investors have recently modified their holdings of the stock. Camarda Financial Advisors LLC raised its holdings in Union Pacific by 673.7% in the 1st quarter. Camarda Financial Advisors LLC now owns 147 shares of the railroad operator’s stock valued at $25,000 after acquiring an additional 128 shares during the last quarter. Squar Milner Financial Services LLC raised its holdings in Union Pacific by 368.6% in the 1st quarter. Squar Milner Financial Services LLC now owns 164 shares of the railroad operator’s stock valued at $27,000 after acquiring an additional 129 shares during the last quarter. Mackey Komara & Dankovich LLC acquired a new stake in Union Pacific in the 1st quarter valued at about $29,000. Investors Research Corp acquired a new stake in Union Pacific in the 1st quarter valued at about $42,000. Finally, Clarfeld Financial Advisors LLC acquired a new stake in Union Pacific in the 4th quarter valued at about $42,000. 78.95% of the stock is currently owned by hedge funds and other institutional investors.
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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