Union Pacific (NYSE:UNP) Price Target Raised to $273.00 at Evercore ISI

Union Pacific (NYSE:UNP) had its price objective hoisted by Evercore ISI from $271.00 to $273.00 in a report issued on Friday, Benzinga reports. Evercore ISI currently has an outperform rating on the railroad operator’s stock.

Several other research analysts have also commented on UNP. Stifel Nicolaus increased their price target on shares of Union Pacific from $231.00 to $248.00 and gave the stock a hold rating in a research note on Friday, April 12th. Benchmark boosted their price target on Union Pacific from $260.00 to $266.00 and gave the stock a buy rating in a research report on Wednesday, April 10th. Royal Bank of Canada lowered their price objective on Union Pacific from $282.00 to $272.00 and set an outperform rating on the stock in a report on Friday, January 26th. Susquehanna increased their price target on Union Pacific from $255.00 to $270.00 and gave the company a neutral rating in a report on Friday. Finally, Raymond James boosted their price objective on shares of Union Pacific from $240.00 to $275.00 and gave the stock a strong-buy rating in a research note on Tuesday, January 16th. Seven investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Union Pacific currently has a consensus rating of Moderate Buy and a consensus target price of $258.78.

Union Pacific Stock Down 0.3 %

Union Pacific stock opened at $242.84 on Friday. The firm’s 50 day moving average price is $244.27 and its two-hundred day moving average price is $234.95. The firm has a market cap of $148.16 billion, a PE ratio of 23.17, a P/E/G ratio of 2.63 and a beta of 1.07. Union Pacific has a twelve month low of $190.45 and a twelve month high of $258.66. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.67 and a current ratio of 0.93.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, April 25th. The railroad operator reported $2.69 EPS for the quarter, beating analysts’ consensus estimates of $2.50 by $0.19. The firm had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $5.97 billion. Union Pacific had a return on equity of 44.34% and a net margin of 26.52%. The business’s quarterly revenue was down .4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.67 earnings per share. On average, research analysts predict that Union Pacific will post 11.01 EPS for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Thursday, February 29th were paid a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.14%. The ex-dividend date of this dividend was Wednesday, February 28th. Union Pacific’s dividend payout ratio (DPR) is 49.62%.

Insiders Place Their Bets

In other news, President Elizabeth F. Whited sold 3,750 shares of the stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $250.00, for a total value of $937,500.00. Following the transaction, the president now owns 56,682 shares of the company’s stock, valued at approximately $14,170,500. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.28% of the company’s stock.

Institutional Trading of Union Pacific

Large investors have recently made changes to their positions in the company. Desjardins Global Asset Management Inc. increased its stake in Union Pacific by 1.4% in the fourth quarter. Desjardins Global Asset Management Inc. now owns 3,000 shares of the railroad operator’s stock valued at $737,000 after purchasing an additional 41 shares in the last quarter. Twin Capital Management Inc. boosted its holdings in Union Pacific by 3.0% in the fourth quarter. Twin Capital Management Inc. now owns 1,394 shares of the railroad operator’s stock worth $342,000 after acquiring an additional 41 shares in the last quarter. Sunburst Financial Group LLC grew its stake in Union Pacific by 1.8% in the fourth quarter. Sunburst Financial Group LLC now owns 2,393 shares of the railroad operator’s stock valued at $588,000 after acquiring an additional 42 shares during the period. Mission Wealth Management LP raised its position in shares of Union Pacific by 0.5% during the fourth quarter. Mission Wealth Management LP now owns 7,838 shares of the railroad operator’s stock worth $1,925,000 after purchasing an additional 42 shares during the period. Finally, Berkeley Capital Partners LLC lifted its holdings in shares of Union Pacific by 1.0% in the 4th quarter. Berkeley Capital Partners LLC now owns 4,100 shares of the railroad operator’s stock worth $1,007,000 after purchasing an additional 42 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

About Union Pacific

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.