Susquehanna Cuts Union Pacific (NYSE:UNP) Price Target to $255.00

Union Pacific (NYSE:UNP) had its target price cut by Susquehanna from $265.00 to $255.00 in a research note released on Thursday morning,Benzinga reports. They currently have a neutral rating on the railroad operator’s stock.

UNP has been the topic of a number of other research reports. TD Cowen raised their price target on shares of Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a report on Friday, January 24th. Loop Capital downgraded shares of Union Pacific from a “hold” rating to a “sell” rating and cut their target price for the stock from $265.00 to $200.00 in a research report on Monday, February 3rd. Stifel Nicolaus raised their price target on Union Pacific from $253.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. Benchmark upped their price objective on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Finally, Robert W. Baird raised their target price on Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Union Pacific presently has a consensus rating of “Moderate Buy” and a consensus price target of $262.76.

Union Pacific Trading Down 1.7 %

Union Pacific stock opened at $232.06 on Thursday. Union Pacific has a 12 month low of $218.55 and a 12 month high of $258.07. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76. The business’s fifty day simple moving average is $243.11 and its two-hundred day simple moving average is $239.47. The company has a market capitalization of $140.23 billion, a price-to-earnings ratio of 20.93, a price-to-earnings-growth ratio of 2.15 and a beta of 1.05.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 EPS for the quarter, beating analysts’ consensus estimates of $2.76 by $0.15. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. During the same quarter in the previous year, the business earned $2.71 EPS. As a group, equities analysts predict that Union Pacific will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 28th will be given a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.31%. The ex-dividend date is Friday, February 28th. Union Pacific’s dividend payout ratio (DPR) is presently 48.33%.

Insider Buying and Selling

In other Union Pacific news, President Elizabeth F. Whited sold 7,500 shares of the firm’s stock in a transaction that occurred on Friday, January 24th. The shares were sold at an average price of $250.00, for a total value of $1,875,000.00. Following the completion of the sale, the president now directly owns 64,960 shares in the company, valued at $16,240,000. This trade represents a 10.35 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Craig V. Richardson sold 6,495 shares of the stock in a transaction on Monday, January 27th. The shares were sold at an average price of $252.00, for a total value of $1,636,740.00. Following the sale, the executive vice president now owns 26,319 shares of the company’s stock, valued at approximately $6,632,388. This represents a 19.79 % decrease in their position. The disclosure for this sale can be found here. 0.28% of the stock is owned by insiders.

Institutional Investors Weigh In On Union Pacific

Large investors have recently modified their holdings of the business. Howard Capital Management Group LLC raised its stake in shares of Union Pacific by 16.4% in the third quarter. Howard Capital Management Group LLC now owns 2,860 shares of the railroad operator’s stock worth $705,000 after purchasing an additional 403 shares during the last quarter. Loomis Sayles & Co. L P increased its holdings in Union Pacific by 40.2% in the third quarter. Loomis Sayles & Co. L P now owns 30,837 shares of the railroad operator’s stock valued at $7,601,000 after buying an additional 8,847 shares in the last quarter. Townsquare Capital LLC raised its position in shares of Union Pacific by 19.7% in the third quarter. Townsquare Capital LLC now owns 23,660 shares of the railroad operator’s stock worth $5,832,000 after acquiring an additional 3,889 shares during the period. CreativeOne Wealth LLC boosted its stake in shares of Union Pacific by 6.8% during the 3rd quarter. CreativeOne Wealth LLC now owns 15,807 shares of the railroad operator’s stock worth $3,896,000 after acquiring an additional 1,008 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Union Pacific by 5.2% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 258,100 shares of the railroad operator’s stock valued at $63,616,000 after acquiring an additional 12,652 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.

About Union Pacific

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.