Union Pacific (NYSE:UNP) had its target price upped by Bank of America from $150.00 to $159.00 in a report released on Thursday morning. Bank of America currently has a buy rating on the railroad operator’s stock.
UNP has been the subject of several other research reports. UBS Group decreased their price objective on shares of Union Pacific from $164.00 to $162.00 and set a buy rating for the company in a research note on Friday, January 26th. Daiwa Capital Markets upgraded shares of Union Pacific from a hold rating to an outperform rating in a research note on Thursday, January 11th. Zacks Investment Research lowered shares of Union Pacific from a hold rating to a sell rating in a research note on Saturday, January 6th. Wolfe Research upgraded shares of Union Pacific from a market perform rating to an outperform rating in a research note on Friday, January 5th. Finally, Argus increased their price objective on shares of Union Pacific from $130.00 to $155.00 and gave the company a buy rating in a research note on Thursday, February 1st. Three analysts have rated the stock with a sell rating, thirteen have given a hold rating and ten have assigned a buy rating to the company. Union Pacific has an average rating of Hold and a consensus price target of $133.70.
Union Pacific (NYSE UNP) traded up $1.86 during trading hours on Thursday, reaching $138.12. 1,368,641 shares of the company’s stock traded hands, compared to its average volume of 5,360,742. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.83 and a current ratio of 1.02. The stock has a market cap of $105,073.70, a price-to-earnings ratio of 10.08, a price-to-earnings-growth ratio of 1.67 and a beta of 0.83. Union Pacific has a 52-week low of $101.06 and a 52-week high of $143.05.
Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, January 25th. The railroad operator reported $1.53 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.54 by ($0.01). The firm had revenue of $5.45 billion during the quarter, compared to analysts’ expectations of $5.44 billion. Union Pacific had a net margin of 50.43% and a return on equity of 22.26%. The company’s quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter last year, the business posted $1.39 EPS. analysts expect that Union Pacific will post 7.58 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Wednesday, February 28th will be issued a $0.73 dividend. The ex-dividend date is Tuesday, February 27th. This is an increase from Union Pacific’s previous quarterly dividend of $0.67. This represents a $2.92 annualized dividend and a yield of 2.11%. Union Pacific’s dividend payout ratio (DPR) is 21.60%.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Highland Private Wealth Management boosted its holdings in Union Pacific by 0.9% in the 2nd quarter. Highland Private Wealth Management now owns 1,996 shares of the railroad operator’s stock valued at $217,000 after purchasing an additional 18 shares during the period. BigSur Wealth Management LLC boosted its holdings in Union Pacific by 0.7% in the 2nd quarter. BigSur Wealth Management LLC now owns 4,680 shares of the railroad operator’s stock valued at $480,000 after purchasing an additional 31 shares during the period. Pathstone Family Office LLC boosted its holdings in Union Pacific by 41.3% in the 2nd quarter. Pathstone Family Office LLC now owns 178 shares of the railroad operator’s stock valued at $2,304,000 after purchasing an additional 52 shares during the period. Miles Capital Inc. boosted its holdings in Union Pacific by 2.7% in the 2nd quarter. Miles Capital Inc. now owns 2,282 shares of the railroad operator’s stock valued at $249,000 after purchasing an additional 59 shares during the period. Finally, Logan Capital Management Inc. boosted its holdings in Union Pacific by 4.2% in the 2nd quarter. Logan Capital Management Inc. now owns 2,500 shares of the railroad operator’s stock valued at $272,000 after purchasing an additional 100 shares during the period. 80.16% of the stock is owned by institutional investors.
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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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