Union Pacific (NYSE:UNP – Free Report) had its price target lowered by Susquehanna from $265.00 to $255.00 in a research note published on Thursday,Benzinga reports. The brokerage currently has a neutral rating on the railroad operator’s stock.
Several other analysts have also issued reports on the stock. Stifel Nicolaus boosted their target price on shares of Union Pacific from $253.00 to $270.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Raymond James reissued a “strong-buy” rating and issued a $285.00 price objective (up from $265.00) on shares of Union Pacific in a research note on Friday, January 24th. Citigroup upped their price objective on Union Pacific from $254.00 to $260.00 and gave the stock a “neutral” rating in a research note on Friday, January 24th. Wells Fargo & Company dropped their price target on Union Pacific from $265.00 to $260.00 and set an “overweight” rating for the company in a research note on Thursday. Finally, Loop Capital downgraded shares of Union Pacific from a “hold” rating to a “sell” rating and dropped their price objective for the company from $265.00 to $200.00 in a report on Monday, February 3rd. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $262.76.
Check Out Our Latest Research Report on Union Pacific
Union Pacific Price Performance
Union Pacific (NYSE:UNP – Get Free Report) last announced its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 EPS for the quarter, topping analysts’ consensus estimates of $2.76 by $0.15. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. During the same period last year, the firm earned $2.71 earnings per share. As a group, equities research analysts anticipate that Union Pacific will post 11.99 earnings per share for the current fiscal year.
Union Pacific Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be paid a dividend of $1.34 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $5.36 annualized dividend and a yield of 2.27%. Union Pacific’s payout ratio is 48.33%.
Insiders Place Their Bets
In other news, EVP Craig V. Richardson sold 6,495 shares of Union Pacific stock in a transaction dated Monday, January 27th. The stock was sold at an average price of $252.00, for a total transaction of $1,636,740.00. Following the sale, the executive vice president now owns 26,319 shares in the company, valued at approximately $6,632,388. The trade was a 19.79 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, President Elizabeth F. Whited sold 7,500 shares of the firm’s stock in a transaction that occurred on Friday, January 24th. The stock was sold at an average price of $250.00, for a total value of $1,875,000.00. Following the transaction, the president now owns 64,960 shares in the company, valued at $16,240,000. This represents a 10.35 % decrease in their position. The disclosure for this sale can be found here. 0.28% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Union Pacific
A number of hedge funds and other institutional investors have recently bought and sold shares of UNP. Compass Financial Services Inc purchased a new stake in shares of Union Pacific in the fourth quarter valued at approximately $25,000. Synergy Asset Management LLC acquired a new position in Union Pacific during the fourth quarter worth $29,000. Dunhill Financial LLC boosted its position in Union Pacific by 111.5% during the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock worth $32,000 after purchasing an additional 68 shares in the last quarter. EnRich Financial Partners LLC acquired a new stake in Union Pacific in the fourth quarter valued at $31,000. Finally, PrairieView Partners LLC purchased a new position in shares of Union Pacific in the fourth quarter valued at $34,000. 80.38% of the stock is currently owned by hedge funds and other 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.
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