Union Pacific (NYSE:UNP) Raised to “Buy” at ValuEngine

ValuEngine upgraded shares of Union Pacific (NYSE:UNP) from a hold rating to a buy rating in a report issued on Friday morning, ValuEngine reports.

UNP has been the subject of several other research reports. Barclays reaffirmed a buy rating on shares of 1&1 Drillisch in a research report on Thursday, June 13th. Cowen reaffirmed an outperform rating and set a $187.00 price objective (up previously from $178.00) on shares of Union Pacific in a research report on Thursday, April 18th. Stifel Nicolaus set a $170.00 price objective on shares of Union Pacific and gave the stock a hold rating in a research report on Tuesday, April 23rd. TD Securities raised their price objective on shares of Union Pacific from $170.00 to $180.00 and gave the stock a hold rating in a research report on Monday, April 22nd. Finally, BMO Capital Markets set a $44.00 price objective on shares of Schlumberger and gave the stock a hold rating in a research report on Monday, April 22nd. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of Buy and a consensus target price of $176.57.

Union Pacific stock opened at $172.69 on Friday. The company has a current ratio of 0.75, a quick ratio of 0.60 and a debt-to-equity ratio of 1.32. Union Pacific has a 52-week low of $128.08 and a 52-week high of $180.02. The stock’s 50 day moving average price is $169.56. The company has a market cap of $123.20 billion, a price-to-earnings ratio of 21.83, a price-to-earnings-growth ratio of 1.95 and a beta of 1.04.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, April 18th. The railroad operator reported $1.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.89 by $0.04. Union Pacific had a net margin of 26.59% and a return on equity of 30.73%. The firm had revenue of $5.38 billion during the quarter, compared to analyst estimates of $5.51 billion. During the same quarter last year, the business earned $1.68 EPS. The company’s revenue was down 1.7% compared to the same quarter last year. Equities research analysts expect that Union Pacific will post 8.93 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, May 31st were given a $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 2.04%. The ex-dividend date was Thursday, May 30th. Union Pacific’s payout ratio is currently 44.50%.

In other Union Pacific news, Director William J. Delaney III purchased 5,000 shares of Union Pacific stock in a transaction that occurred on Monday, May 20th. The stock was acquired at an average price of $174.06 per share, with a total value of $870,300.00. Following the transaction, the director now owns 5,000 shares in the company, valued at approximately $870,300. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Rhonda S. Ferguson sold 11,485 shares of Union Pacific stock in a transaction on Thursday, April 18th. The shares were sold at an average price of $175.00, for a total transaction of $2,009,875.00. Following the completion of the sale, the executive vice president now directly owns 53,858 shares of the company’s stock, valued at approximately $9,425,150. The disclosure for this sale can be found here. Company insiders own 9.96% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Camarda Financial Advisors LLC boosted its holdings in Union Pacific by 673.7% during the 1st quarter. Camarda Financial Advisors LLC now owns 147 shares of the railroad operator’s stock worth $25,000 after acquiring an additional 128 shares during the last quarter. Squar Milner Financial Services LLC boosted its holdings in Union Pacific by 368.6% during the 1st quarter. Squar Milner Financial Services LLC now owns 164 shares of the railroad operator’s stock worth $27,000 after acquiring an additional 129 shares during the last quarter. Mackey Komara & Dankovich LLC purchased a new position in Union Pacific during the 1st quarter worth $29,000. Joseph P. Lucia & Associates LLC purchased a new position in Union Pacific during the 1st quarter worth $30,000. Finally, Clarfeld Financial Advisors LLC purchased a new position in Union Pacific during the 4th quarter worth $42,000. 78.95% of the stock is owned by institutional investors and hedge funds.

Union Pacific Company Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages in the railroad business in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, fertilizers, and food and beverage products; coal and sand, as well as petroleum, liquid petroleum gases, and renewables; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, and soda ash, as well as intermodal and finished vehicles.

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Analyst Recommendations for Union Pacific (NYSE:UNP)

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