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Union Pacific (NYSE:UNP) had its price objective raised by Loop Capital to $191.00 in a research note published on Friday, The Fly reports.
Several other equities analysts have also issued reports on UNP. Zacks Investment Research upgraded shares of Jack Henry & Associates from a sell rating to a hold rating in a report on Wednesday, March 27th. Morgan Stanley set a $36.00 target price on shares of ArcBest and gave the company a hold rating in a report on Monday, July 8th. Sanford C. Bernstein upgraded shares of 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 shares of Union Pacific from $197.00 to $206.00 and gave the company a buy rating in a report on Friday. Finally, BMO Capital Markets set a $44.00 target price on shares of Schlumberger and gave the company a hold rating 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 assigned a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of Buy and a consensus target price of $177.29.
UNP traded up $1.05 on Friday, hitting $175.30. The company had a trading volume of 4,732,560 shares, compared to its average volume of 3,209,333. 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 has a 52-week low of $128.08 and a 52-week high of $180.02. The business has a fifty day simple moving average of $169.67. The firm has a market cap of $123.34 billion, a price-to-earnings ratio of 22.16, a P/E/G ratio of 1.96 and a beta of 1.04.
Union Pacific (NYSE:UNP) last issued its quarterly earnings data 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. Union Pacific had a net margin of 26.95% and a return on equity of 31.74%. The business had revenue of $5.60 billion during the quarter, compared to analyst estimates of $5.62 billion. During the same period last year, the business posted $1.98 earnings per share. Union Pacific’s quarterly revenue was down 1.3% compared to the same quarter last year. On average, analysts anticipate that Union Pacific will post 8.91 earnings per share for the current year.
The company also recently declared a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, May 31st were given a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 2.01%. The ex-dividend date was Thursday, May 30th. Union Pacific’s dividend payout ratio (DPR) is currently 44.50%.
In other news, Director William J. Delaney III purchased 5,000 shares of Union Pacific stock in a transaction that occurred on Monday, May 20th. The stock was bought at an average price of $174.06 per share, with a total value of $870,300.00. Following the completion of the transaction, the director now directly owns 5,000 shares of the company’s stock, valued at $870,300. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Robert M. Knight, Jr. sold 1,380 shares of the firm’s stock in a transaction that occurred on Friday, May 3rd. The shares were sold at an average price of $180.01, for a total transaction of $248,413.80. Following the sale, the executive vice president now directly owns 94,943 shares of the company’s stock, valued at approximately $17,090,689.43. The disclosure for this sale can be found here. 9.96% of the stock is owned by company insiders.
A number of large investors have recently bought and sold shares of the business. FMR LLC grew its position in Union Pacific by 29.1% in the 1st quarter. FMR LLC now owns 16,222,588 shares of the railroad operator’s stock worth $2,712,416,000 after purchasing an additional 3,653,756 shares during the period. Geode Capital Management LLC boosted its stake in shares of Union Pacific by 7.7% during the 4th quarter. Geode Capital Management LLC now owns 9,640,019 shares of the railroad operator’s stock worth $1,330,401,000 after acquiring an additional 688,775 shares during the last quarter. Northern Trust Corp boosted its stake in shares of Union Pacific by 3.4% during the 4th quarter. Northern Trust Corp now owns 8,284,737 shares of the railroad operator’s stock worth $1,145,199,000 after acquiring an additional 270,547 shares during the last quarter. Norges Bank purchased a new position in shares of Union Pacific during the 4th quarter worth $1,036,317,000. Finally, Legal & General Group Plc boosted its stake in shares of Union Pacific by 4.5% during the 4th quarter. Legal & General Group Plc now owns 4,294,917 shares of the railroad operator’s stock worth $593,686,000 after acquiring an additional 186,625 shares during the last quarter. 78.95% of the stock is owned by institutional investors and hedge funds.
Union Pacific Company Profile
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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