Traders Buy Shares of Union Pacific (UNP) on Weakness

Traders bought shares of Union Pacific Co. (NYSE:UNP) on weakness during trading on Tuesday. $246.21 million flowed into the stock on the tick-up and $116.66 million flowed out of the stock on the tick-down, for a money net flow of $129.55 million into the stock. Of all companies tracked, Union Pacific had the 7th highest net in-flow for the day. Union Pacific traded down ($0.86) for the day and closed at $140.31

A number of equities analysts have issued reports on the company. Daiwa Capital Markets raised Union Pacific from a “hold” rating to an “outperform” rating in a research note on Thursday, January 11th. Scotiabank set a $150.00 price target on Union Pacific and gave the company a “hold” rating in a research note on Thursday, January 11th. Zacks Investment Research raised Union Pacific from a “hold” rating to a “buy” rating and set a $157.00 price target for the company in a research note on Monday. JPMorgan Chase & Co. increased their price target on Union Pacific from $106.00 to $113.00 and gave the company a “neutral” rating in a research note on Thursday, October 12th. Finally, BMO Capital Markets reaffirmed a “buy” rating on shares of Union Pacific in a research note on Friday, October 20th. Three analysts have rated the stock with a sell rating, fourteen have given a hold rating and eight have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $124.00.

The firm has a market capitalization of $110,570.00, a PE ratio of 24.86, a P/E/G ratio of 1.89 and a beta of 0.90. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.97 and a current ratio of 1.16.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, October 26th. The railroad operator reported $1.50 EPS for the quarter, beating analysts’ consensus estimates of $1.49 by $0.01. Union Pacific had a return on equity of 23.35% and a net margin of 21.84%. The company had revenue of $5.41 billion during the quarter, compared to the consensus estimate of $5.32 billion. During the same quarter in the prior year, the firm earned $1.36 EPS. The company’s quarterly revenue was up 4.5% compared to the same quarter last year. equities analysts anticipate that Union Pacific Co. will post 5.79 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 28th. Stockholders of record on Thursday, November 30th were given a dividend of $0.665 per share. This represents a $2.66 dividend on an annualized basis and a dividend yield of 1.89%. The ex-dividend date was Wednesday, November 29th. This is an increase from Union Pacific’s previous quarterly dividend of $0.61. Union Pacific’s dividend payout ratio is 47.08%.

Several large investors have recently made changes to their positions in UNP. FMR LLC lifted its holdings in shares of Union Pacific by 84.6% in the second quarter. FMR LLC now owns 9,603,068 shares of the railroad operator’s stock valued at $1,045,870,000 after purchasing an additional 4,399,980 shares in the last quarter. Janus Henderson Group PLC lifted its holdings in shares of Union Pacific by 990.5% in the second quarter. Janus Henderson Group PLC now owns 2,243,574 shares of the railroad operator’s stock valued at $244,339,000 after purchasing an additional 2,037,834 shares in the last quarter. Voya Investment Management LLC lifted its holdings in shares of Union Pacific by 88.7% in the second quarter. Voya Investment Management LLC now owns 4,060,423 shares of the railroad operator’s stock valued at $442,221,000 after purchasing an additional 1,908,175 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of Union Pacific by 59.3% in the second quarter. Ameriprise Financial Inc. now owns 4,773,609 shares of the railroad operator’s stock valued at $519,785,000 after purchasing an additional 1,776,644 shares in the last quarter. Finally, Canada Pension Plan Investment Board lifted its holdings in shares of Union Pacific by 88.5% in the third quarter. Canada Pension Plan Investment Board now owns 3,558,005 shares of the railroad operator’s stock valued at $412,622,000 after purchasing an additional 1,670,095 shares in the last quarter. Institutional investors own 78.47% of the company’s stock.

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Union Pacific Company Profile

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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