Union Pacific (NYSE:UNP) Issues Earnings Results, Misses Expectations By $0.08 EPS

Union Pacific (NYSE:UNPGet Rating) released its earnings results on Tuesday. The railroad operator reported $2.67 earnings per share for the quarter, missing analysts’ consensus estimates of $2.75 by ($0.08), Briefing.com reports. The firm had revenue of $6.18 billion for the quarter, compared to analyst estimates of $6.26 billion. Union Pacific had a return on equity of 56.68% and a net margin of 28.95%. The firm’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same period last year, the business earned $2.66 earnings per share.

Union Pacific Price Performance

UNP opened at $200.18 on Wednesday. The company has a fifty day moving average price of $211.00 and a two-hundred day moving average price of $212.97. The company has a debt-to-equity ratio of 2.70, a quick ratio of 0.63 and a current ratio of 0.77. Union Pacific has a 52 week low of $183.70 and a 52 week high of $278.94. The firm has a market capitalization of $123.07 billion, a PE ratio of 17.93, a P/E/G ratio of 1.80 and a beta of 1.12.

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 29th. Shareholders of record on Monday, December 19th were issued a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a yield of 2.60%. The ex-dividend date was Friday, December 16th. Union Pacific’s dividend payout ratio is presently 46.39%.

Institutional Investors Weigh In On Union Pacific

Institutional investors have recently added to or reduced their stakes in the stock. Power Corp of Canada bought a new stake in Union Pacific in the 1st quarter valued at $40,000. Arena Capital Advisors LLC CA bought a new stake in Union Pacific in the 1st quarter valued at $205,000. MAS Advisors LLC bought a new stake in Union Pacific in the 1st quarter valued at $233,000. Kayne Anderson Rudnick Investment Management LLC lifted its position in Union Pacific by 216.0% in the 3rd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,264 shares of the railroad operator’s stock valued at $246,000 after acquiring an additional 864 shares in the last quarter. Finally, Red Wave Investments LLC lifted its position in Union Pacific by 15.5% during the 1st quarter. Red Wave Investments LLC now owns 1,013 shares of the railroad operator’s stock worth $277,000 after buying an additional 136 shares in the last quarter. 77.27% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. Citigroup cut their price target on shares of Union Pacific from $210.00 to $207.00 and set a “neutral” rating for the company in a research note on Friday, October 21st. UBS Group cut their price target on shares of Union Pacific from $212.00 to $210.00 and set a “neutral” rating for the company in a research note on Friday, October 21st. Raymond James raised their price target on shares of Union Pacific from $220.00 to $244.00 and gave the stock a “strong-buy” rating in a research note on Wednesday, January 18th. Evercore ISI upgraded shares of Union Pacific from an “in-line” rating to an “outperform” rating and raised their price target for the stock from $204.00 to $232.00 in a research note on Tuesday, December 20th. Finally, Credit Suisse Group cut their target price on shares of Union Pacific from $244.00 to $232.00 and set an “outperform” rating for the company in a research note on Friday, October 21st. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating, six have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $218.42.

About Union Pacific

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Union Pacific Corp. engages in the provision of railroad and freight transportation services. Its principal operating company, Union Pacific Railroad Co, operates as a railroad franchise. The Railroad’s diversified business mix includes agricultural products, automotive, chemicals, coal, industrial products, and intermodal.

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Earnings History for Union Pacific (NYSE:UNP)

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