Union Pacific Corp. (UNP) Director Steven R. Rogel Sells 7,400 Shares of Stock
Union Pacific Corp. (NYSE:UNP) Director Steven R. Rogel sold 7,400 shares of the stock in a transaction that occurred on Tuesday, November 22nd. The shares were sold at an average price of $100.51, for a total value of $743,774.00. Following the transaction, the director now directly owns 11,400 shares of the company’s stock, valued at $1,145,814. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Union Pacific Corp. (NYSE:UNP) traded up 0.90% during trading on Thursday, hitting $101.39. The company’s stock had a trading volume of 3,154,390 shares. The company has a 50-day moving average of $94.61 and a 200 day moving average of $91.61. Union Pacific Corp. has a one year low of $67.06 and a one year high of $101.70. The firm has a market cap of $83.56 billion, a PE ratio of 20.32 and a beta of 0.66.
Union Pacific Corp. (NYSE:UNP) last posted its quarterly earnings data on Thursday, October 20th. The railroad operator reported $1.36 earnings per share for the quarter, missing analysts’ consensus estimates of $1.39 by $0.03. Union Pacific Corp. had a return on equity of 20.55% and a net margin of 21.05%. The company had revenue of $5.17 billion for the quarter, compared to analysts’ expectations of $5.14 billion. During the same period in the prior year, the company posted $1.50 EPS. The firm’s revenue was down 7.0% compared to the same quarter last year. On average, equities analysts forecast that Union Pacific Corp. will post $5.00 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 29th. Investors of record on Wednesday, November 30th will be issued a $0.605 dividend. This represents a $2.42 annualized dividend and a yield of 2.39%. The ex-dividend date is Monday, November 28th. This is a positive change from Union Pacific Corp.’s previous quarterly dividend of $0.55. Union Pacific Corp.’s dividend payout ratio is 44.00%.
A number of brokerages recently commented on UNP. Deutsche Bank AG reissued a “top pick” rating and set a $110.00 price target on shares of Union Pacific Corp. in a research note on Monday, November 14th. Aegis initiated coverage on Union Pacific Corp. in a research note on Monday, October 24th. They issued a “buy” rating and a $105.00 price objective for the company. Seaport Global Securities initiated coverage on Union Pacific Corp. in a research note on Monday, October 24th. They issued a “buy” rating and a $100.00 price objective for the company. Loop Capital reaffirmed a “hold” rating and issued a $96.00 price objective on shares of Union Pacific Corp. in a research note on Sunday, October 23rd. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $110.00 price objective on shares of Union Pacific Corp. in a research note on Sunday, October 23rd. Three analysts have rated the stock with a sell rating, thirteen have given a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $96.38.
A number of institutional investors have recently bought and sold shares of the stock. Cable Hill Partners LLC raised its position in Union Pacific Corp. by 255.0% in the third quarter. Cable Hill Partners LLC now owns 1,065 shares of the railroad operator’s stock valued at $105,000 after buying an additional 765 shares during the period. West Oak Capital LLC raised its position in Union Pacific Corp. by 6.2% in the third quarter. West Oak Capital LLC now owns 1,094 shares of the railroad operator’s stock valued at $107,000 after buying an additional 64 shares during the period. Harel Insurance Investments & Financial Services Ltd. acquired a new position in Union Pacific Corp. during the second quarter valued at approximately $108,000. Lenox Wealth Advisors Inc. raised its position in Union Pacific Corp. by 4.9% in the third quarter. Lenox Wealth Advisors Inc. now owns 1,167 shares of the railroad operator’s stock valued at $114,000 after buying an additional 55 shares during the period. Finally, Tradewinds Capital Management LLC raised its position in Union Pacific Corp. by 22.4% in the second quarter. Tradewinds Capital Management LLC now owns 1,364 shares of the railroad operator’s stock valued at $119,000 after buying an additional 250 shares during the period. 77.94% of the stock is currently owned by hedge funds and other institutional investors.
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About Union Pacific Corp.
Union Pacific Corporation operates through its principal operating company, Union Pacific Railroad Company. Union Pacific Railroad Company links approximately 20 states in the western two-thirds of the country by rail, providing link in the supply chain. The Company’s business mix includes agricultural products, automotive, chemicals, coal, industrial products and intermodal.
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