Analysts Set Union Pacific Corporation (UNP) Target Price at $113.92
Shares of Union Pacific Corporation (NYSE:UNP) have been assigned an average rating of “Hold” from the twenty-one brokerages that are presently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation and seven have issued a buy recommendation on the company. The average 1 year price target among brokerages that have covered the stock in the last year is $113.80.
UNP has been the topic of several recent analyst reports. Morgan Stanley cut Union Pacific Corporation from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $102.00 to $100.00 in a research report on Monday. BMO Capital Markets reiterated a “buy” rating and issued a $123.00 price target on shares of Union Pacific Corporation in a report on Friday, August 11th. Wolfe Research cut shares of Union Pacific Corporation from an “outperform” rating to a “market perform” rating in a research note on Monday, August 7th. BidaskClub upgraded shares of Union Pacific Corporation from a “strong sell” rating to a “sell” rating in a research note on Friday, August 18th. Finally, Stifel Nicolaus reissued a “hold” rating and set a $118.00 price objective (up previously from $112.00) on shares of Union Pacific Corporation in a report on Monday, July 24th.
In other Union Pacific Corporation news, EVP Cameron A. Scott sold 17,604 shares of the business’s stock in a transaction on Friday, July 7th. The shares were 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 owns 95,470 shares in the company, valued at approximately $10,272,572. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.20% of the stock is currently owned by company insiders.
A number of institutional investors have recently made changes to their positions in UNP. Gainplan LLC increased its stake in Union Pacific Corporation by 0.6% during the second quarter. Gainplan LLC now owns 2,230 shares of the railroad operator’s stock valued at $243,000 after purchasing an additional 13 shares during the last quarter. Advisors Management Group Inc. ADV boosted its holdings in shares of Union Pacific Corporation by 0.5% in the 2nd quarter. Advisors Management Group Inc. ADV now owns 3,330 shares of the railroad operator’s stock valued at $363,000 after buying an additional 17 shares during the period. Highland Private Wealth Management boosted its holdings in shares of Union Pacific Corporation by 0.9% in the 2nd quarter. Highland Private Wealth Management now owns 1,996 shares of the railroad operator’s stock valued at $217,000 after buying an additional 18 shares during the period. Summit Asset Management LLC grew its position in shares of Union Pacific Corporation by 0.3% during the 1st quarter. Summit Asset Management LLC now owns 7,206 shares of the railroad operator’s stock valued at $763,000 after buying an additional 19 shares during the last quarter. Finally, Genovese Burford & Brothers Wealth & Retirement Plan Management LLC grew its position in shares of Union Pacific Corporation by 0.3% during the 2nd quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 6,579 shares of the railroad operator’s stock valued at $716,000 after buying an additional 20 shares during the last quarter. 78.38% of the stock is owned by hedge funds and other institutional investors.
Union Pacific Corporation (UNP) traded down 0.61% during trading on Wednesday, hitting $115.26. 3,040,371 shares of the stock traded hands. The firm’s 50-day moving average is $105.56 and its 200-day moving average is $107.35. The stock has a market cap of $92.25 billion, a P/E ratio of 20.90 and a beta of 0.84. Union Pacific Corporation has a 12 month low of $87.06 and a 12 month high of $116.93.
Union Pacific Corporation (NYSE:UNP) last issued its quarterly earnings results on Thursday, July 20th. The railroad operator reported $1.45 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.39 by $0.06. The firm 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%. The company’s revenue for the quarter was up 10.1% on a year-over-year basis. During the same period last year, the company earned $1.17 earnings per share. On average, analysts forecast that Union Pacific Corporation will post $5.78 EPS for the current year.
The company also recently announced a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Thursday, August 31st were given a dividend of $0.605 per share. The ex-dividend date was Tuesday, August 29th. This represents a $2.42 dividend on an annualized basis and a dividend yield of 2.10%. Union Pacific Corporation’s payout ratio is currently 43.84%.
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.
Receive News & Stock Ratings for Union Pacific Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Union Pacific Corporation and related stocks with our FREE daily email newsletter.