2 weeks Ago By ABMN Staff
Union Pacific ( NYSE:UNP – Free Report ) had its price target raised by Royal Bank of Canada from $275.00 to $288.00 in a report issued on Monday morning, Benzinga reports.
The firm currently has an outperform rating on the railroad operator’s stock. Other analysts have also recently issued reports about the company. Sanford C.
Bernstein cut their price objective on Union Pacific from $290.00 to $273.00 and set an outperform rating for the company in a research report on Monday, July 8th.
Stifel Nicolaus dropped their price objective on Union Pacific from $267.00 to $265.00 and set a buy rating for the company in a report on Wednesday, July 17th.
TD Cowen decreased their price target on Union Pacific from $259.00 to $255.00 and set a buy rating on the stock in a research note on Friday, July 26th.
StockNews.com upgraded Union Pacific from a hold rating to a buy rating in a research note on Monday, September 23rd. Finally, Wells Fargo & Company initiated coverage on Union Pacific in a research report on Friday, June 7th.
They set an overweight rating and a $270.00 price objective on the stock. Eight research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock.
According to MarketBeat, the stock presently has an average rating of Moderate Buy and a consensus target price of $258.79. Get Our Latest Stock Report on Union Pacific Union Pacific Stock Up 0.
9 % Union Pacific ( NYSE:UNP – Get Free Report ) last posted its quarterly earnings results on Thursday, July 25th. The railroad operator reported $2.74 earnings per share for the quarter, beating analysts’ consensus estimates of $2.
71 by $0.03. The firm had revenue of $6.
01 billion during the quarter, compared to the consensus estimate of $6.05 billion. Union Pacific had a return on equity of 42.
62% and a net margin of 26.90%. The business’s revenue was up .
7% compared to the same quarter last year. During the same period last year, the company earned $2.57 earnings per share.
As a group, equities analysts predict that Union Pacific will post 11.1 EPS for the current year. Union Pacific Increases Dividend The company also recently declared a quarterly dividend, which was paid on Monday, September 30th.
Investors of record on Friday, August 30th were paid a dividend of $1.34 per share. This is an increase from Union Pacific’s previous quarterly dividend of $1.
30. This represents a $5.36 dividend on an annualized basis and a yield of 2.
17%. The ex-dividend date of this dividend was Friday, August 30th. Union Pacific’s dividend payout ratio is 51.
15%. Insider Buying and Selling In related news, President Elizabeth F. Whited sold 3,552 shares of the company’s stock in a transaction that occurred on Tuesday, July 30th.
The stock was sold at an average price of $246.59, for a total transaction of $875,887.68.
Following the transaction, the president now directly owns 64,945 shares of the company’s stock, valued at approximately $16,014,787.55. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link .
0.28% of the stock is owned by company insiders. Institutional Trading of Union Pacific Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock.
BNP Paribas bought a new stake in Union Pacific during the 1st quarter worth approximately $1,088,000. Envestnet Portfolio Solutions Inc. increased its holdings in Union Pacific by 19.
0% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 126,369 shares of the railroad operator’s stock worth $31,078,000 after purchasing an additional 20,173 shares in the last quarter.
Shellback Capital LP increased its holdings in Union Pacific by 28.2% during the 2nd quarter. Shellback Capital LP now owns 20,000 shares of the railroad operator’s stock worth $4,525,000 after purchasing an additional 4,400 shares in the last quarter.
M&G Plc bought a new position in shares of Union Pacific in the first quarter valued at approximately $10,378,000. Finally, Kestra Advisory Services LLC grew its holdings in shares of Union Pacific by 13.6% in the first quarter.
Kestra Advisory Services LLC now owns 90,758 shares of the railroad operator’s stock valued at $22,320,000 after acquiring an additional 10,876 shares in the last quarter. 80.38% of the stock is owned by institutional investors.
Union Pacific Company Profile ( Get Free Report ) 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. Featured Stories Receive News & Ratings for Union Pacific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Union Pacific and related companies with MarketBeat.
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