Cowen upgraded shares of Union Pacific (NYSE:UNP) from a market perform rating to an outperform rating in a research report sent to investors on Tuesday, MarketBeat reports. They currently have $178.00 price target on the railroad operator’s stock, up from their previous price target of $153.00.
Other equities research analysts have also issued research reports about the company. TD Securities lowered Union Pacific from a buy rating to a hold rating and lowered their target price for the company from $170.00 to $160.00 in a research note on Friday, October 26th. Credit Suisse Group lowered their target price on Union Pacific from $190.00 to $166.00 and set an outperform rating for the company in a research note on Monday, January 7th. Wolfe Research set a $185.00 target price on Union Pacific and gave the company a buy rating in a research note on Tuesday, September 18th. Loop Capital raised Union Pacific from a hold rating to a buy rating in a research note on Tuesday, September 18th. Finally, Zacks Investment Research raised Union Pacific from a hold rating to a buy rating and set a $176.00 target price for the company in a research note on Wednesday, September 19th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and fourteen have assigned a buy rating to the company. The company has a consensus rating of Buy and a consensus price target of $164.72.
NYSE UNP opened at $153.21 on Tuesday. Union Pacific has a 1-year low of $121.22 and a 1-year high of $165.63. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.06 and a quick ratio of 0.89. The stock has a market capitalization of $110.78 billion, a PE ratio of 26.46, a P/E/G ratio of 1.58 and a beta of 0.97.
Union Pacific (NYSE:UNP) last released its earnings results on Thursday, October 25th. The railroad operator reported $2.15 earnings per share for the quarter, beating analysts’ consensus estimates of $2.10 by $0.05. Union Pacific had a return on equity of 25.02% and a net margin of 51.90%. The company had revenue of $5.93 billion during the quarter, compared to analyst estimates of $5.88 billion. During the same quarter in the previous year, the company posted $1.50 EPS. Equities research analysts forecast that Union Pacific will post 7.82 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which was paid on Friday, December 28th. Shareholders of record on Friday, November 30th were given a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a yield of 2.09%. The ex-dividend date was Thursday, November 29th. Union Pacific’s payout ratio is 55.27%.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in UNP. Highwater Wealth Management LLC purchased a new position in shares of Union Pacific during the 4th quarter worth approximately $80,000. Worth Venture Partners LLC purchased a new position in shares of Union Pacific during the 3rd quarter worth approximately $114,000. grace capital purchased a new position in shares of Union Pacific during the 2nd quarter worth approximately $142,000. Point72 Hong Kong Ltd grew its holdings in shares of Union Pacific by 620.5% during the 3rd quarter. Point72 Hong Kong Ltd now owns 1,088 shares of the railroad operator’s stock worth $177,000 after acquiring an additional 937 shares during the period. Finally, Parkside Investments LLC purchased a new position in shares of Union Pacific during the 3rd quarter worth approximately $185,000. 79.21% of the stock is owned by institutional investors and hedge funds.
About Union Pacific
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, and food and beverage products; automotive, such as finished vehicles and automotive parts; and chemicals comprising industrial chemicals, plastics, fertilizers, petroleum and liquid petroleum gases, crude oil, and soda ash.
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