Robert W. Baird reaffirmed their hold rating on shares of Union Pacific Corporation (NYSE:UNP) in a research report sent to investors on Sunday. The brokerage currently has a $116.00 price objective on the railroad operator’s stock.
A number of other research analysts also recently commented on UNP. Credit Suisse Group boosted their price target on Union Pacific Corporation from $129.00 to $131.00 and gave the company a buy rating in a research note on Friday, May 26th. Zacks Investment Research raised Union Pacific Corporation from a hold rating to a buy rating and set a $122.00 price target for the company in a research note on Tuesday, May 30th. BMO Capital Markets reaffirmed a buy rating and issued a $123.00 price target on shares of Union Pacific Corporation in a research note on Friday, June 2nd. Royal Bank Of Canada reaffirmed a hold rating and issued a $116.00 price target on shares of Union Pacific Corporation in a research note on Friday, June 2nd. Finally, Citigroup Inc. reaffirmed a buy rating and issued a $120.00 price target on shares of Union Pacific Corporation in a research note on Monday, July 10th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have given a buy rating to the stock. Union Pacific Corporation has a consensus rating of Hold and an average price target of $113.38.
Shares of Union Pacific Corporation (UNP) opened at 115.00 on Friday. Union Pacific Corporation has a 12-month low of $87.06 and a 12-month high of $115.15. The stock has a 50 day moving average of $105.56 and a 200 day moving average of $107.35. The company has a market cap of $92.04 billion, a price-to-earnings ratio of 20.86 and a beta of 0.81.
Union Pacific Corporation (NYSE:UNP) last posted its quarterly earnings results on Thursday, July 20th. The railroad operator reported $1.45 EPS for the quarter, beating the Zacks’ consensus estimate of $1.39 by $0.06. The business had revenue of $5.25 billion during the quarter, compared to the consensus estimate of $5.19 billion. Union Pacific Corporation had a return on equity of 22.70% and a net margin of 21.79%. Union Pacific Corporation’s revenue for the quarter was up 10.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.17 earnings per share. On average, equities analysts expect that Union Pacific Corporation will post $5.79 earnings per share for the current fiscal year.
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The company also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Thursday, August 31st will be issued a dividend of $0.605 per share. This represents a $2.42 annualized dividend and a dividend yield of 2.10%. The ex-dividend date is Tuesday, August 29th. Union Pacific Corporation’s dividend payout ratio (DPR) is currently 43.84%.
In related news, EVP Cameron A. Scott sold 17,604 shares of Union Pacific Corporation stock in a transaction that occurred on Friday, July 7th. The stock was sold at an average price of $107.60, for a total value of $1,894,190.40. Following the transaction, the executive vice president now directly owns 95,470 shares of the company’s stock, valued at $10,272,572. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.20% of the company’s stock.
Several institutional investors have recently bought and sold shares of the stock. Yorkville Capital Management LLC acquired a new position in shares of Union Pacific Corporation in the second quarter worth approximately $202,000. Burgundy Asset Management Ltd. lifted its stake in shares of Union Pacific Corporation by 1.0% in the second quarter. Burgundy Asset Management Ltd. now owns 3,897,599 shares of the railroad operator’s stock worth $424,488,000 after acquiring an additional 40,169 shares during the period. Perigon Wealth Management LLC lifted its stake in shares of Union Pacific Corporation by 347.5% in the second quarter. Perigon Wealth Management LLC now owns 11,139 shares of the railroad operator’s stock worth $1,213,000 after acquiring an additional 8,650 shares during the period. Intl Fcstone Inc. acquired a new position in shares of Union Pacific Corporation in the second quarter worth approximately $1,647,000. Finally, Achmea Investment Management B.V. lifted its stake in Union Pacific Corporation by 40.9% in the second quarter. Achmea Investment Management B.V. now owns 88,080 shares of the railroad operator’s stock valued at $9,590,000 after buying an additional 25,566 shares during the period. 78.38% of the stock is currently owned by institutional investors.
Union Pacific Corporation Company Profile
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.
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