Barclays cut shares of Union Pacific (NYSE:UNP) from an overweight rating to an equal weight rating in a research note issued to investors on Thursday, Benzinga reports. They currently have $170.00 price target on the railroad operator’s stock, down from their previous price target of $190.00.
Several other research analysts have also recently weighed in on the stock. Zacks Investment Research cut shares of Union Pacific from a buy rating to a hold rating in a research report on Wednesday, March 27th. TD Securities boosted their price target on shares of Union Pacific from $170.00 to $180.00 and gave the company a hold rating in a research report on Monday, April 22nd. Loop Capital cut shares of Union Pacific from a buy rating to a hold rating and lowered their price target for the company from $193.00 to $182.00 in a research report on Tuesday, March 19th. Raymond James boosted their price target on shares of Union Pacific from $192.00 to $201.00 and gave the company a strong-buy rating in a research report on Monday, April 22nd. Finally, Deutsche Bank set a $200.00 price target on shares of Union Pacific and gave the company a buy rating in a research report on Monday, April 22nd. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the stock. Union Pacific has an average rating of Buy and a consensus target price of $175.74.
UNP traded down $1.31 on Thursday, hitting $165.84. 479,887 shares of the company’s stock were exchanged, compared to its average volume of 2,803,210. Union Pacific has a fifty-two week low of $128.08 and a fifty-two week high of $180.02. The company has a quick ratio of 0.60, a current ratio of 0.75 and a debt-to-equity ratio of 1.32. The stock has a market cap of $121.20 billion, a PE ratio of 20.97, a price-to-earnings-growth ratio of 1.89 and a beta of 1.09.
Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, April 18th. The railroad operator reported $1.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.89 by $0.04. The company had revenue of $5.38 billion for the quarter, compared to analysts’ expectations of $5.51 billion. Union Pacific had a net margin of 26.59% and a return on equity of 30.73%. The firm’s quarterly revenue was down 1.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.68 EPS. As a group, research analysts anticipate that Union Pacific will post 9.07 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, May 31st will be paid a dividend of $0.88 per share. The ex-dividend date of this dividend is Thursday, May 30th. This represents a $3.52 dividend on an annualized basis and a yield of 2.12%. Union Pacific’s dividend payout ratio (DPR) is presently 44.50%.
In other Union Pacific news, EVP Rhonda S. Ferguson sold 11,485 shares of the stock in a transaction on Thursday, April 18th. The stock was sold at an average price of $175.00, for a total value of $2,009,875.00. Following the completion of the transaction, the executive vice president now owns 53,858 shares in the company, valued at $9,425,150. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director William J. Delaney III acquired 5,000 shares of the business’s stock in a transaction on Monday, May 20th. The stock was acquired at an average price of $174.06 per share, with a total value of $870,300.00. Following the transaction, the director now directly owns 5,000 shares of the company’s stock, valued at approximately $870,300. The disclosure for this purchase can be found here. Insiders have sold 31,667 shares of company stock worth $5,454,729 over the last 90 days. Insiders own 9.96% of the company’s stock.
A number of large investors have recently added to or reduced their stakes in UNP. Camarda Financial Advisors LLC boosted its stake in shares of Union Pacific by 673.7% during the first quarter. Camarda Financial Advisors LLC now owns 147 shares of the railroad operator’s stock valued at $25,000 after acquiring an additional 128 shares during the last quarter. Squar Milner Financial Services LLC boosted its stake in shares of Union Pacific by 368.6% during the first quarter. Squar Milner Financial Services LLC now owns 164 shares of the railroad operator’s stock valued at $27,000 after acquiring an additional 129 shares during the last quarter. Mackey Komara & Dankovich LLC acquired a new stake in shares of Union Pacific during the first quarter valued at $29,000. Private Ocean LLC acquired a new stake in shares of Union Pacific during the fourth quarter valued at $25,000. Finally, Glassman Wealth Services boosted its stake in shares of Union Pacific by 287.5% during the first quarter. Glassman Wealth Services now owns 248 shares of the railroad operator’s stock valued at $41,000 after acquiring an additional 184 shares during the last quarter. Hedge funds and other institutional investors own 79.12% of the company’s stock.
Union Pacific Company Profile
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages in the railroad business in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, fertilizers, and food and beverage products; coal and sand, as well as petroleum, liquid petroleum gases, and renewables; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, and soda ash, as well as intermodal and finished vehicles.
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