Union Pacific Corporation (NYSE:UNP) Given Average Rating of “Moderate Buy” by Brokerages

Union Pacific Corporation (NYSE:UNPGet Free Report) has been given a consensus recommendation of “Moderate Buy” by the twenty analysts that are presently covering the company, Marketbeat reports. Seven research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $287.7222.

UNP has been the topic of a number of research analyst reports. Raymond James Financial set a $310.00 target price on Union Pacific in a research report on Friday, April 24th. UBS Group reaffirmed a “neutral” rating and set a $274.00 price target (up from $253.00) on shares of Union Pacific in a research note on Friday, April 24th. Barclays reiterated an “overweight” rating and issued a $315.00 price objective (up from $285.00) on shares of Union Pacific in a research report on Friday, April 24th. JPMorgan Chase & Co. increased their price objective on shares of Union Pacific from $267.00 to $275.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Finally, Evercore restated an “outperform” rating and set a $294.00 target price on shares of Union Pacific in a report on Thursday, June 25th.

Read Our Latest Report on UNP

Insider Transactions at Union Pacific

In other Union Pacific news, CFO Jennifer L. Hamann sold 2,000 shares of the stock in a transaction on Friday, April 24th. The stock was sold at an average price of $274.70, for a total transaction of $549,400.00. Following the sale, the chief financial officer owned 114,642 shares in the company, valued at approximately $31,492,157.40. This represents a 1.71% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Eric J. Gehringer sold 2,991 shares of the stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $263.96, for a total value of $789,504.36. Following the sale, the executive vice president owned 43,012 shares in the company, valued at approximately $11,353,447.52. This trade represents a 6.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 32,378 shares of company stock valued at $8,781,595 in the last ninety days. Corporate insiders own 0.22% of the company’s stock.

Institutional Trading of Union Pacific

Large investors have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its holdings in Union Pacific by 1.1% in the 4th quarter. Vanguard Group Inc. now owns 59,329,262 shares of the railroad operator’s stock valued at $13,724,045,000 after purchasing an additional 659,378 shares in the last quarter. State Street Corp grew its holdings in shares of Union Pacific by 4.3% during the fourth quarter. State Street Corp now owns 26,330,080 shares of the railroad operator’s stock worth $6,090,674,000 after buying an additional 1,082,285 shares in the last quarter. Capital World Investors raised its position in shares of Union Pacific by 92.1% in the fourth quarter. Capital World Investors now owns 20,136,349 shares of the railroad operator’s stock valued at $4,658,142,000 after buying an additional 9,655,306 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Union Pacific by 2.0% in the fourth quarter. Geode Capital Management LLC now owns 15,360,668 shares of the railroad operator’s stock valued at $3,552,550,000 after buying an additional 296,814 shares during the last quarter. Finally, Bank of America Corp DE lifted its stake in shares of Union Pacific by 16.8% during the first quarter. Bank of America Corp DE now owns 14,463,071 shares of the railroad operator’s stock valued at $3,509,030,000 after buying an additional 2,084,808 shares during the period. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Down 0.6%

UNP opened at $281.42 on Thursday. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.92 and a quick ratio of 0.73. The business has a 50 day simple moving average of $268.43 and a 200-day simple moving average of $253.35. The stock has a market capitalization of $167.08 billion, a P/E ratio of 23.18, a P/E/G ratio of 2.98 and a beta of 0.96. Union Pacific has a 12 month low of $210.84 and a 12 month high of $285.79.

Union Pacific (NYSE:UNPGet Free Report) last issued its earnings results on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share for the quarter, topping the consensus estimate of $2.86 by $0.07. Union Pacific had a net margin of 29.20% and a return on equity of 39.58%. The company had revenue of $6.22 billion for the quarter, compared to analyst estimates of $6.12 billion. During the same period in the prior year, the business posted $2.70 earnings per share. The firm’s revenue for the quarter was up 3.2% compared to the same quarter last year. On average, equities analysts anticipate that Union Pacific will post 12.56 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, May 29th were given a $1.38 dividend. The ex-dividend date was Friday, May 29th. This represents a $5.52 annualized dividend and a dividend yield of 2.0%. Union Pacific’s dividend payout ratio is currently 45.47%.

About Union Pacific

(Get Free Report)

Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.

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Analyst Recommendations for Union Pacific (NYSE:UNP)

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