Union Pacific Co. (NYSE:UNP) has been given an average rating of “Hold” by the twenty-four analysts that are currently covering the firm. One research analyst has rated the stock with a sell recommendation, twelve have given a hold recommendation, ten have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $108.04.
Several equities research analysts recently weighed in on the stock. Royal Bank of Canada reiterated a “hold” rating and set a $115.00 price objective on shares of Union Pacific in a research note on Friday, March 24th. Loop Capital reiterated a “hold” rating and set a $96.00 price objective on shares of Union Pacific in a research note on Wednesday, February 22nd. Zacks Investment Research lowered shares of Union Pacific from a “buy” rating to a “hold” rating in a research note on Friday, February 3rd. Citigroup Inc reiterated a “buy” rating on shares of Union Pacific in a research note on Thursday, March 30th. Finally, Credit Suisse Group AG reiterated an “outperform” rating and set a $124.00 price objective (up previously from $118.00) on shares of Union Pacific in a research note on Monday, March 6th.
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Union Pacific (NYSE:UNP) traded up 0.16% during trading on Tuesday, hitting $108.00. The company had a trading volume of 2,732,565 shares. The company has a market cap of $87.20 billion, a PE ratio of 20.64 and a beta of 0.71. The company’s 50 day moving average price is $108.72 and its 200-day moving average price is $105.64. Union Pacific has a 12 month low of $80.87 and a 12 month high of $115.15.
Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, April 27th. The railroad operator reported $1.32 earnings per share for the quarter, topping the consensus estimate of $1.23 by $0.09. The firm had revenue of $5.13 billion for the quarter, compared to analyst estimates of $5.03 billion. Union Pacific had a net margin of 21.23% and a return on equity of 20.88%. Union Pacific’s quarterly revenue was up 6.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.16 earnings per share. Equities analysts expect that Union Pacific will post $5.74 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, June 30th. Investors of record on Wednesday, May 31st will be issued a dividend of $0.605 per share. This represents a $2.42 dividend on an annualized basis and a yield of 2.24%. The ex-dividend date is Friday, May 26th. Union Pacific’s payout ratio is 47.64%.
In related news, EVP Elizabeth F. Whited sold 1,000 shares of the firm’s stock in a transaction that occurred on Friday, March 10th. The shares were sold at an average price of $106.89, for a total transaction of $106,890.00. Following the completion of the sale, the executive vice president now directly owns 50,583 shares in the company, valued at $5,406,816.87. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.14% of the company’s stock.
A number of hedge funds have recently modified their holdings of UNP. Vanguard Group Inc. boosted its stake in shares of Union Pacific by 15.5% in the first quarter. Vanguard Group Inc. now owns 60,359,599 shares of the railroad operator’s stock worth $6,393,289,000 after buying an additional 8,107,238 shares during the last quarter. BlackRock Inc. boosted its stake in shares of Union Pacific by 2,456.1% in the first quarter. BlackRock Inc. now owns 50,623,300 shares of the railroad operator’s stock worth $5,362,018,000 after buying an additional 48,642,848 shares during the last quarter. State Street Corp boosted its stake in shares of Union Pacific by 0.4% in the first quarter. State Street Corp now owns 34,686,206 shares of the railroad operator’s stock worth $3,673,956,000 after buying an additional 127,803 shares during the last quarter. Wellington Management Group LLP boosted its stake in shares of Union Pacific by 0.9% in the first quarter. Wellington Management Group LLP now owns 19,852,417 shares of the railroad operator’s stock worth $2,102,768,000 after buying an additional 183,862 shares during the last quarter. Finally, Dodge & Cox acquired a new stake in shares of Union Pacific during the fourth quarter worth $1,452,729,000. Hedge funds and other institutional investors own 79.43% of the company’s stock.
About Union Pacific
Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.
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