Union Pacific (NYSE:UNP) Price Target Cut to $250.00 by Analysts at Susquehanna

Union Pacific (NYSE:UNP) had its price objective lowered by Susquehanna from $270.00 to $250.00 in a research report released on Tuesday, Benzinga reports. The brokerage currently has a neutral rating on the railroad operator’s stock.

Several other brokerages also recently weighed in on UNP. Evercore ISI increased their target price on Union Pacific from $271.00 to $273.00 and gave the company an outperform rating in a research note on Friday, April 26th. StockNews.com downgraded shares of Union Pacific from a buy rating to a hold rating in a research note on Tuesday, June 18th. Jefferies Financial Group initiated coverage on shares of Union Pacific in a research note on Monday, April 8th. They set a hold rating and a $250.00 target price for the company. Stifel Nicolaus upgraded shares of Union Pacific from a hold rating to a buy rating and boosted their price objective for the stock from $248.00 to $267.00 in a report on Friday, May 3rd. Finally, Loop Capital lowered shares of Union Pacific from a buy rating to a hold rating and cut their price objective for the company from $276.00 to $238.00 in a research report on Monday, June 17th. Eight research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of Moderate Buy and an average price target of $258.92.

Union Pacific Stock Down 1.0 %

Shares of Union Pacific stock opened at $224.05 on Tuesday. Union Pacific has a 12-month low of $199.33 and a 12-month high of $258.66. The stock has a market capitalization of $136.69 billion, a P/E ratio of 21.38, a PEG ratio of 1.84 and a beta of 1.05. The company has a quick ratio of 0.76, a current ratio of 0.93 and a debt-to-equity ratio of 1.99. The stock has a 50 day moving average price of $233.66 and a two-hundred day moving average price of $240.52.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, April 25th. The railroad operator reported $2.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.50 by $0.19. The business had revenue of $6.03 billion for the quarter, compared to analyst estimates of $5.97 billion. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. Union Pacific’s revenue was down .4% compared to the same quarter last year. During the same period last year, the business posted $2.67 EPS. Equities analysts expect that Union Pacific will post 11.25 earnings per share for the current year.

Union Pacific Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, May 31st will be paid a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.32%. The ex-dividend date is Friday, May 31st. Union Pacific’s dividend payout ratio (DPR) is currently 49.62%.

Institutional Investors Weigh In On Union Pacific

A number of large investors have recently bought and sold shares of the business. Norges Bank bought a new position in shares of Union Pacific in the fourth quarter valued at about $1,832,127,000. Capital Research Global Investors raised its stake in shares of Union Pacific by 7.6% in the first quarter. Capital Research Global Investors now owns 7,370,752 shares of the railroad operator’s stock worth $1,812,689,000 after acquiring an additional 518,985 shares during the last quarter. Wellington Management Group LLP raised its stake in shares of Union Pacific by 0.3% in the third quarter. Wellington Management Group LLP now owns 7,261,449 shares of the railroad operator’s stock worth $1,478,649,000 after acquiring an additional 19,145 shares during the last quarter. Fisher Asset Management LLC lifted its position in shares of Union Pacific by 2.2% during the fourth quarter. Fisher Asset Management LLC now owns 5,867,842 shares of the railroad operator’s stock worth $1,441,260,000 after purchasing an additional 125,522 shares in the last quarter. Finally, Franklin Resources Inc. grew its stake in shares of Union Pacific by 7.1% during the fourth quarter. Franklin Resources Inc. now owns 5,504,181 shares of the railroad operator’s stock valued at $1,351,937,000 after purchasing an additional 364,029 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors.

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.