A number of other analysts also recently issued reports on UNP. Zacks Investment Research downgraded Union Pacific from a hold rating to a sell rating in a research report on Saturday, January 6th. JPMorgan Chase & Co. raised their price target on Union Pacific from $106.00 to $113.00 and gave the stock a neutral rating in a report on Thursday, October 12th. BMO Capital Markets reaffirmed a buy rating on shares of Union Pacific in a report on Friday, October 20th. Argus lifted their price objective on Union Pacific from $125.00 to $130.00 and gave the company a buy rating in a research note on Tuesday, October 31st. Finally, Morgan Stanley lowered Union Pacific from an overweight rating to an equal weight rating and dropped their price objective for the company from $102.00 to $100.00 in a research note on Monday, October 2nd. Three investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and eight have given a buy rating to the company. The company currently has an average rating of Hold and an average price target of $124.00.
Shares of Union Pacific (NYSE:UNP) opened at $140.46 on Thursday. The company has a quick ratio of 0.97, a current ratio of 1.16 and a debt-to-equity ratio of 0.83. The company has a market capitalization of $110,447.65, a P/E ratio of 24.82, a PEG ratio of 1.89 and a beta of 0.90. Union Pacific has a 52 week low of $101.06 and a 52 week high of $142.19.
The business also recently declared a quarterly dividend, which was paid on Thursday, December 28th. Stockholders of record on Thursday, November 30th were given a $0.665 dividend. This is a boost from Union Pacific’s previous quarterly dividend of $0.61. This represents a $2.66 dividend on an annualized basis and a dividend yield of 1.89%. The ex-dividend date was Wednesday, November 29th. Union Pacific’s payout ratio is currently 47.00%.
Several institutional investors and hedge funds have recently modified their holdings of UNP. Vanguard Group Inc. lifted its position in Union Pacific by 1.9% in the 2nd quarter. Vanguard Group Inc. now owns 61,505,708 shares of the railroad operator’s stock valued at $6,698,588,000 after acquiring an additional 1,146,109 shares in the last quarter. BlackRock Inc. lifted its position in Union Pacific by 0.3% in the 2nd quarter. BlackRock Inc. now owns 50,764,821 shares of the railroad operator’s stock valued at $5,528,796,000 after acquiring an additional 141,521 shares in the last quarter. FMR LLC lifted its position in Union Pacific by 84.6% in the 2nd quarter. FMR LLC now owns 9,603,068 shares of the railroad operator’s stock valued at $1,045,870,000 after acquiring an additional 4,399,980 shares in the last quarter. TIAA CREF Investment Management LLC raised its stake in Union Pacific by 0.6% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 7,948,391 shares of the railroad operator’s stock valued at $865,659,000 after buying an additional 46,298 shares during the last quarter. Finally, Capital World Investors raised its stake in Union Pacific by 0.7% during the 2nd quarter. Capital World Investors now owns 7,328,002 shares of the railroad operator’s stock valued at $798,093,000 after buying an additional 50,000 shares during the last quarter. 78.47% of the stock is currently owned by hedge funds and other institutional investors.
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Union Pacific 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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