Brokerages Set Union Pacific Co. (UNP) Price Target at $137.61

Union Pacific Co. (NYSE:UNP) has been assigned a consensus rating of “Hold” from the twenty-six ratings firms that are covering the stock, MarketBeat.com reports. Three research analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation and eleven have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $139.00.

Several research analysts have recently weighed in on UNP shares. Zacks Investment Research cut Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, March 6th. Scotiabank set a $150.00 price objective on Union Pacific and gave the stock a “hold” rating in a research report on Thursday, January 11th. Argus upped their target price on Union Pacific from $130.00 to $155.00 and gave the stock a “buy” rating in a report on Thursday, February 1st. Morgan Stanley upped their target price on Union Pacific from $105.00 to $125.00 and gave the stock an “equal weight” rating in a report on Friday, January 26th. Finally, Robert W. Baird reiterated a “hold” rating and set a $148.00 target price on shares of Union Pacific in a report on Tuesday, April 10th.

UNP stock opened at $137.69 on Friday. The company has a quick ratio of 0.83, a current ratio of 1.02 and a debt-to-equity ratio of 0.65. The stock has a market cap of $104,676.25, a PE ratio of 23.78, a PEG ratio of 1.66 and a beta of 0.79. Union Pacific has a fifty-two week low of $101.06 and a fifty-two 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 earnings per share for the quarter, missing the consensus estimate of $1.54 by ($0.01). The firm had revenue of $5.45 billion for the quarter, compared to analyst estimates of $5.44 billion. Union Pacific had a return on equity of 22.26% and a net margin of 50.43%. The firm’s quarterly revenue was up 5.5% on a year-over-year basis. During the same period in the prior year, the company earned $1.39 earnings per share. equities research analysts anticipate that Union Pacific will post 7.56 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 30th. Shareholders of record on Wednesday, February 28th were paid a $0.73 dividend. This is a positive change from Union Pacific’s previous quarterly dividend of $0.67. The ex-dividend date was Tuesday, February 27th. This represents a $2.92 annualized dividend and a yield of 2.12%. Union Pacific’s dividend payout ratio is currently 50.43%.

In other Union Pacific news, CFO Robert M. Knight, Jr. sold 25,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 20th. The stock was sold at an average price of $137.39, for a total value of $3,434,750.00. Following the sale, the chief financial officer now owns 106,518 shares in the company, valued at $14,634,508.02. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Elizabeth F. Whited sold 15,576 shares of the company’s stock in a transaction that occurred on Tuesday, April 3rd. The shares were sold at an average price of $133.79, for a total value of $2,083,913.04. Following the completion of the sale, the executive vice president now owns 65,613 shares in the company, valued at approximately $8,778,363.27. The disclosure for this sale can be found here. 0.20% of the stock is owned by corporate insiders.

Several hedge funds and other institutional investors have recently made changes to their positions in UNP. Acropolis Investment Management LLC bought a new position in shares of Union Pacific during the fourth quarter worth approximately $107,000. Icon Wealth Partners LLC bought a new position in shares of Union Pacific during the fourth quarter worth approximately $119,000. Exane Derivatives increased its stake in shares of Union Pacific by 55,600.0% during the fourth quarter. Exane Derivatives now owns 1,114 shares of the railroad operator’s stock worth $149,000 after purchasing an additional 1,112 shares during the period. Certified Advisory Corp bought a new position in shares of Union Pacific during the fourth quarter worth approximately $175,000. Finally, Aevitas Wealth Management Inc. bought a new position in shares of Union Pacific during the fourth quarter worth approximately $185,000. Institutional investors own 79.90% of the company’s stock.

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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.

Analyst Recommendations for Union Pacific (NYSE:UNP)

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