Union Pacific (NYSE:UNP) Price Target Raised to $258.00 at TD Cowen

Union Pacific (NYSE:UNP) had its price objective lifted by TD Cowen from $252.00 to $258.00 in a research report released on Friday, MarketBeat reports. They currently have a buy rating on the railroad operator’s stock.

Other equities analysts also recently issued research reports about the company. Sanford C. Bernstein raised Union Pacific from a market perform rating to an outperform rating and set a $280.00 price target for the company in a research report on Monday, January 22nd. The Goldman Sachs Group upped their price objective on Union Pacific from $248.00 to $274.00 and gave the stock a buy rating in a research note on Thursday, April 11th. Raymond James upped their price objective on Union Pacific from $240.00 to $275.00 and gave the stock a strong-buy rating in a research note on Tuesday, January 16th. Susquehanna upped their price objective on Union Pacific from $245.00 to $255.00 and gave the stock a neutral rating in a research note on Thursday, March 28th. Finally, BMO Capital Markets upped their price objective on Union Pacific from $270.00 to $275.00 and gave the stock an outperform rating in a research note on Friday, January 26th. Seven equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of Moderate Buy and a consensus target price of $258.78.

Union Pacific Trading Down 0.3 %

NYSE:UNP opened at $242.84 on Friday. Union Pacific has a twelve month low of $190.45 and a twelve month high of $258.66. The company has a quick ratio of 0.67, a current ratio of 0.93 and a debt-to-equity ratio of 1.99. The business has a 50 day moving average price of $244.27 and a two-hundred day moving average price of $234.95. The company has a market cap of $148.16 billion, a P/E ratio of 23.17, a price-to-earnings-growth ratio of 2.63 and a beta of 1.07.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, April 25th. The railroad operator reported $2.69 earnings per share for the quarter, topping analysts’ consensus estimates of $2.50 by $0.19. Union Pacific had a return on equity of 44.34% and a net margin of 26.52%. The firm had revenue of $6.03 billion during the quarter, compared to the consensus estimate of $5.97 billion. During the same quarter in the prior year, the firm posted $2.67 EPS. The business’s revenue was down .4% on a year-over-year basis. As a group, analysts expect that Union Pacific will post 11.01 EPS for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Thursday, February 29th were paid a $1.30 dividend. This represents a $5.20 annualized dividend and a yield of 2.14%. The ex-dividend date of this dividend was Wednesday, February 28th. Union Pacific’s dividend payout ratio (DPR) is presently 49.62%.

Insider Activity at Union Pacific

In related news, President Elizabeth F. Whited sold 3,750 shares of the firm’s stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $250.00, for a total value of $937,500.00. Following the sale, the president now directly owns 56,682 shares of the company’s stock, valued at $14,170,500. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 0.28% of the stock is currently owned by insiders.

Institutional Trading of Union Pacific

Several large investors have recently bought and sold shares of the business. Exchange Traded Concepts LLC boosted its stake in shares of Union Pacific by 21,063.6% during the third quarter. Exchange Traded Concepts LLC now owns 9,312 shares of the railroad operator’s stock valued at $1,896,000 after purchasing an additional 9,268 shares in the last quarter. Advisory Alpha LLC boosted its stake in shares of Union Pacific by 29.1% during the third quarter. Advisory Alpha LLC now owns 1,879 shares of the railroad operator’s stock valued at $383,000 after purchasing an additional 423 shares in the last quarter. TFG Advisers LLC boosted its stake in shares of Union Pacific by 0.3% during the third quarter. TFG Advisers LLC now owns 16,296 shares of the railroad operator’s stock valued at $3,318,000 after purchasing an additional 52 shares in the last quarter. Oak Harbor Wealth Partners LLC raised its position in shares of Union Pacific by 3.5% during the third quarter. Oak Harbor Wealth Partners LLC now owns 8,689 shares of the railroad operator’s stock worth $1,769,000 after acquiring an additional 294 shares during the last quarter. Finally, MCF Advisors LLC raised its position in shares of Union Pacific by 9.0% during the third quarter. MCF Advisors LLC now owns 4,230 shares of the railroad operator’s stock worth $861,000 after acquiring an additional 351 shares during the last quarter. 80.38% 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, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.