Union Pacific (NYSE:UNP) Research Coverage Started at Robert W. Baird

Robert W. Baird initiated coverage on shares of Union Pacific (NYSE:UNP) in a research report released on Tuesday, MarketBeat Ratings reports. The firm issued a neutral rating and a $231.00 target price on the railroad operator’s stock.

A number of other equities analysts also recently issued reports on UNP. The Goldman Sachs Group reissued a “neutral” rating and set a $263.00 target price on shares of Union Pacific in a research note on Monday, June 2nd. Stifel Nicolaus cut their price objective on Union Pacific from $270.00 to $248.00 and set a “buy” rating for the company in a research report on Monday, April 14th. Barclays reduced their target price on Union Pacific from $285.00 to $260.00 and set an “overweight” rating for the company in a report on Friday, April 25th. Jefferies Financial Group decreased their target price on shares of Union Pacific from $255.00 to $230.00 and set a “hold” rating on the stock in a research report on Wednesday, April 9th. Finally, Bank of America increased their price target on shares of Union Pacific from $256.00 to $262.00 and gave the company a “buy” rating in a report on Friday, May 16th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, Union Pacific currently has an average rating of “Moderate Buy” and an average target price of $256.91.

Union Pacific Stock Down 0.3%

Shares of Union Pacific stock opened at $236.45 on Tuesday. Union Pacific has a one year low of $204.66 and a one year high of $258.07. The company has a market cap of $141.27 billion, a P/E ratio of 21.30, a PEG ratio of 2.38 and a beta of 1.05. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.61 and a current ratio of 0.73. The firm has a fifty day moving average of $223.53 and a two-hundred day moving average of $230.75.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.73 by ($0.03). The firm had revenue of $6.03 billion for the quarter, compared to analysts’ expectations of $6.11 billion. Union Pacific had a return on equity of 40.80% and a net margin of 27.76%. The company’s revenue for the quarter was down .1% on a year-over-year basis. During the same period in the prior year, the company earned $2.69 earnings per share. On average, analysts forecast that Union Pacific will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, May 30th were issued a $1.34 dividend. The ex-dividend date was Friday, May 30th. This represents a $5.36 annualized dividend and a yield of 2.27%. Union Pacific’s dividend payout ratio (DPR) is presently 48.29%.

Institutional Trading of Union Pacific

A number of hedge funds have recently added to or reduced their stakes in UNP. Garde Capital Inc. increased its holdings in shares of Union Pacific by 2.1% during the 2nd quarter. Garde Capital Inc. now owns 2,430 shares of the railroad operator’s stock worth $559,000 after buying an additional 50 shares during the last quarter. Sage Capital Advisors llc lifted its position in Union Pacific by 0.6% during the 2nd quarter. Sage Capital Advisors llc now owns 16,393 shares of the railroad operator’s stock worth $3,772,000 after acquiring an additional 102 shares in the last quarter. Fiduciary Financial Group LLC boosted its holdings in Union Pacific by 6.4% in the 2nd quarter. Fiduciary Financial Group LLC now owns 1,244 shares of the railroad operator’s stock worth $293,000 after acquiring an additional 75 shares during the period. First Financial Bank Trust Division grew its position in Union Pacific by 4.6% in the second quarter. First Financial Bank Trust Division now owns 2,931 shares of the railroad operator’s stock valued at $674,000 after acquiring an additional 128 shares in the last quarter. Finally, Central Pacific Bank Trust Division boosted its stake in shares of Union Pacific by 7.3% in the second quarter. Central Pacific Bank Trust Division now owns 1,258 shares of the railroad operator’s stock valued at $289,000 after purchasing an additional 86 shares during the period. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Company Profile

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.