Union Pacific Corporation (UNP) Now Covered by Analysts at The Goldman Sachs Group, Inc.

The Goldman Sachs Group, Inc. assumed coverage on shares of Union Pacific Corporation (NYSE:UNP) in a research report released on Monday morning, MarketBeat.com reports. The brokerage issued a sell rating and a $103.00 target price on the railroad operator’s stock.

A number of other research analysts also recently weighed in on UNP. Royal Bank Of Canada reissued a hold rating and issued a $124.00 price objective on shares of Union Pacific Corporation in a research note on Thursday, November 9th. Zacks Investment Research downgraded Union Pacific Corporation from a buy rating to a hold rating in a research note on Thursday, November 2nd. Argus raised their price objective on Union Pacific Corporation from $125.00 to $130.00 and gave the company a buy rating in a research note on Tuesday, October 31st. Morgan Stanley raised their price objective on Union Pacific Corporation from $100.00 to $104.00 and gave the company an equal weight rating in a research note on Tuesday, October 31st. Finally, Loop Capital raised their price objective on Union Pacific Corporation from $118.00 to $120.00 and gave the company a hold rating in a research note on Monday, October 30th. Four equities research analysts have rated the stock with a sell rating, sixteen have issued a hold rating and four have issued a buy rating to the company’s stock. Union Pacific Corporation presently has an average rating of Hold and an average target price of $117.59.

Shares of Union Pacific Corporation (UNP) opened at $116.57 on Monday. Union Pacific Corporation has a one year low of $97.48 and a one year high of $119.71. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.97 and a current ratio of 1.16. The firm has a market capitalization of $91,075.42, a PE ratio of 20.44, a PEG ratio of 1.88 and a beta of 0.87.

Union Pacific Corporation (NYSE:UNP) last posted its quarterly earnings results on Thursday, October 26th. The railroad operator reported $1.50 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.49 by $0.01. Union Pacific Corporation had a return on equity of 23.35% and a net margin of 21.84%. The company had revenue of $5.41 billion during the quarter, compared to the consensus estimate of $5.32 billion. During the same period last year, the business earned $1.36 EPS. The business’s quarterly revenue was up 4.5% on a year-over-year basis. equities research analysts anticipate that Union Pacific Corporation will post 5.78 earnings per share for the current fiscal year.

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The business also recently announced a quarterly dividend, which will be paid on Thursday, December 28th. Investors of record on Thursday, November 30th will be given a dividend of $0.665 per share. This represents a $2.66 annualized dividend and a dividend yield of 2.28%. The ex-dividend date is Wednesday, November 29th. This is an increase from Union Pacific Corporation’s previous quarterly dividend of $0.61. Union Pacific Corporation’s dividend payout ratio (DPR) is 42.76%.

Several institutional investors have recently bought and sold shares of UNP. FMR LLC lifted its position in shares of Union Pacific Corporation by 84.6% during the 2nd quarter. FMR LLC now owns 9,603,068 shares of the railroad operator’s stock worth $1,045,870,000 after buying an additional 4,399,980 shares during the period. Janus Henderson Group PLC lifted its position in shares of Union Pacific Corporation by 990.5% during the 2nd quarter. Janus Henderson Group PLC now owns 2,243,574 shares of the railroad operator’s stock worth $244,339,000 after buying an additional 2,037,834 shares during the period. Voya Investment Management LLC lifted its position in shares of Union Pacific Corporation by 88.7% during the 2nd quarter. Voya Investment Management LLC now owns 4,060,423 shares of the railroad operator’s stock worth $442,221,000 after buying an additional 1,908,175 shares during the period. Ameriprise Financial Inc. lifted its position in shares of Union Pacific Corporation by 59.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,773,609 shares of the railroad operator’s stock worth $519,785,000 after buying an additional 1,776,644 shares during the period. Finally, Canada Pension Plan Investment Board lifted its position in shares of Union Pacific Corporation by 88.5% during the 3rd quarter. Canada Pension Plan Investment Board now owns 3,558,005 shares of the railroad operator’s stock worth $412,622,000 after buying an additional 1,670,095 shares during the period. Institutional investors and hedge funds own 79.66% of the company’s stock.

About Union Pacific Corporation

Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.

Analyst Recommendations for Union Pacific Corporation (NYSE:UNP)

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