Union Pacific (NYSE:UNP) Given New $265.00 Price Target at Raymond James

Union Pacific (NYSE:UNP) had its price objective boosted by Raymond James from $260.00 to $265.00 in a report published on Friday morning,Benzinga reports. The firm currently has a strong-buy rating on the railroad operator’s stock.

UNP has been the topic of a number of other research reports. Benchmark reaffirmed a “buy” rating and set a $266.00 price target on shares of Union Pacific in a research note on Friday, October 25th. Barclays upped their price target on shares of Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a report on Wednesday, November 13th. Evercore ISI cut shares of Union Pacific from an “outperform” rating to an “inline” rating and cut their price target for the stock from $254.00 to $247.00 in a report on Wednesday, September 25th. Robert W. Baird lowered their price target on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. Finally, BMO Capital Markets lowered their price target on shares of Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a report on Friday, September 20th. Nine analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $259.80.

Union Pacific Stock Performance

UNP opened at $225.11 on Friday. The firm has a market cap of $136.47 billion, a P/E ratio of 20.67, a PEG ratio of 2.33 and a beta of 1.06. Union Pacific has a 1-year low of $218.55 and a 1-year high of $258.66. The company has a 50 day simple moving average of $234.64 and a two-hundred day simple moving average of $238.83. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing the consensus estimate of $2.78 by ($0.03). The company had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. Union Pacific’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same period last year, the firm posted $2.51 EPS. Equities analysts forecast that Union Pacific will post 10.94 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were paid a dividend of $1.34 per share. The ex-dividend date was Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a yield of 2.38%. Union Pacific’s dividend payout ratio (DPR) is presently 49.22%.

Institutional Trading of Union Pacific

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Strategic Investment Solutions Inc. IL acquired a new position in shares of Union Pacific during the second quarter worth about $28,000. Catalyst Capital Advisors LLC acquired a new position in shares of Union Pacific during the third quarter worth about $30,000. Fairscale Capital LLC acquired a new position in shares of Union Pacific during the second quarter worth about $31,000. Jamison Private Wealth Management Inc. grew its position in shares of Union Pacific by 265.7% during the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock worth $32,000 after buying an additional 93 shares in the last quarter. Finally, Peterson Financial Group Inc. acquired a new position in shares of Union Pacific during the third quarter worth about $32,000. 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.