Union Pacific (NYSE:UNP – Free Report) had its target price decreased by UBS Group from $255.00 to $245.00 in a research note issued to investors on Wednesday,Benzinga reports. UBS Group currently has a neutral rating on the railroad operator’s stock.
Other equities research analysts have also recently issued reports about the stock. Robert W. Baird raised their price target on shares of Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. Guggenheim raised their target price on shares of Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. BMO Capital Markets boosted their price target on Union Pacific from $275.00 to $277.00 and gave the company an “outperform” rating in a report on Friday, January 24th. Deutsche Bank Aktiengesellschaft started coverage on Union Pacific in a report on Friday, March 7th. They set a “buy” rating and a $295.00 price objective on the stock. Finally, TD Cowen upped their target price on Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a research note on Friday, January 24th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $261.95.
Read Our Latest Analysis on Union Pacific
Union Pacific Stock Up 0.5 %
Union Pacific (NYSE:UNP – Get Free Report) last released its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, topping the consensus estimate of $2.76 by $0.15. Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. During the same quarter in the prior year, the business earned $2.71 earnings per share. Equities analysts expect that Union Pacific will post 11.99 earnings per share for the current fiscal year.
Union Pacific Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, February 28th were given a dividend of $1.34 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.25%. Union Pacific’s payout ratio is currently 48.33%.
Insider Activity at Union Pacific
In other news, President Elizabeth F. Whited sold 7,500 shares of the firm’s stock in a transaction dated Friday, January 24th. The stock was sold at an average price of $250.00, for a total transaction of $1,875,000.00. Following the completion of the sale, the president now directly owns 64,960 shares in the company, valued at $16,240,000. This trade represents a 10.35 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, 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 value of $1,636,740.00. Following the sale, the executive vice president now directly 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 disclosure for this sale can be found here. Company insiders own 0.28% of the company’s stock.
Institutional Trading of Union Pacific
Hedge funds have recently made changes to their positions in the stock. Compass Financial Services Inc bought a new position in Union Pacific during the 4th quarter valued at $25,000. Synergy Asset Management LLC acquired a new stake in shares of Union Pacific in the 4th quarter valued at about $29,000. EnRich Financial Partners LLC bought a new position in shares of Union Pacific during the fourth quarter worth about $31,000. Dunhill Financial LLC grew its stake in Union Pacific by 111.5% in 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. Finally, PrairieView Partners LLC acquired a new stake in Union Pacific during the fourth quarter valued at approximately $34,000. Institutional investors and hedge funds own 80.38% of the company’s stock.
About Union Pacific
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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