Union Pacific Co. (NYSE:UNP) CFO Jennifer L. Hamann sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of $193.79, for a total transaction of $193,790.00. Following the sale, the chief financial officer now owns 74,648 shares of the company’s stock, valued at $14,466,035.92. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
UNP stock opened at $202.37 on Wednesday. The company has a quick ratio of 0.84, a current ratio of 0.96 and a debt-to-equity ratio of 1.61. Union Pacific Co. has a twelve month low of $105.08 and a twelve month high of $202.85. The business’s fifty day moving average is $188.18 and its 200-day moving average is $165.61. The company has a market cap of $137.38 billion, a P/E ratio of 25.11, a price-to-earnings-growth ratio of 2.51 and a beta of 1.03.
Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, July 23rd. The railroad operator reported $1.67 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.56 by $0.11. Union Pacific had a return on equity of 32.45% and a net margin of 27.54%. The company had revenue of $4.24 billion during the quarter, compared to analysts’ expectations of $4.34 billion. During the same quarter last year, the company earned $2.22 EPS. Union Pacific’s revenue for the quarter was down 24.2% compared to the same quarter last year. Research analysts anticipate that Union Pacific Co. will post 7.8 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Monday, August 31st will be paid a $0.97 dividend. The ex-dividend date of this dividend is Friday, August 28th. This represents a $3.88 dividend on an annualized basis and a yield of 1.92%. Union Pacific’s dividend payout ratio (DPR) is 46.30%.
A number of equities research analysts recently issued reports on UNP shares. Robert W. Baird raised shares of Union Pacific from a “neutral” rating to an “outperform” rating and set a $220.00 price target on the stock in a research note on Monday, August 17th. Goldman Sachs Group increased their price target on shares of Union Pacific from $182.00 to $205.00 and gave the company a “buy” rating in a research report on Tuesday, September 1st. Morgan Stanley increased their price target on shares of Union Pacific from $125.00 to $135.00 and gave the company an “equal weight” rating in a research report on Friday, July 24th. Argus increased their price objective on shares of Union Pacific from $175.00 to $200.00 and gave the company a “buy” rating in a research report on Friday, July 24th. Finally, Stifel Nicolaus increased their price target on shares of Union Pacific from $172.00 to $175.00 and gave the stock a “hold” rating in a report on Wednesday, July 29th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. Union Pacific has an average rating of “Buy” and an average target price of $179.25.
Several hedge funds and other institutional investors have recently bought and sold shares of UNP. NuWave Investment Management LLC acquired a new position in shares of Union Pacific during the second quarter worth $26,000. Hoover Financial Advisors Inc. bought a new stake in shares of Union Pacific during the second quarter worth about $29,000. Your Advocates Ltd. LLP grew its position in Union Pacific by 100.0% in the 2nd quarter. Your Advocates Ltd. LLP now owns 120 shares of the railroad operator’s stock worth $31,000 after purchasing an additional 60 shares in the last quarter. Prestige Wealth Management Group LLC bought a new stake in Union Pacific in the 1st quarter worth about $32,000. Finally, Royal Fund Management LLC bought a new position in shares of Union Pacific during the 1st quarter valued at approximately $35,000. 78.16% of the stock is currently owned by hedge funds and other institutional investors.
About Union Pacific
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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