Union Pacific (NYSE:UNP) PT Raised to $258.00 at TD Cowen

Union Pacific (NYSE:UNP) had its target price lifted by TD Cowen from $252.00 to $258.00 in a research report report published on Friday morning, MarketBeat reports. The brokerage currently has a buy rating on the railroad operator’s stock.

A number of other research analysts have also weighed in on the company. Sanford C. Bernstein raised Union Pacific from a market perform rating to an outperform rating and set a $280.00 price objective for the company in a research report on Monday, January 22nd. Stifel Nicolaus lifted their target price on Union Pacific from $231.00 to $248.00 and gave the stock a hold rating in a report on Friday, April 12th. BMO Capital Markets lifted their target price on Union Pacific from $270.00 to $275.00 and gave the stock an outperform rating in a report on Friday, January 26th. Benchmark lifted their target price on Union Pacific from $260.00 to $266.00 and gave the stock a buy rating in a report on Wednesday, April 10th. Finally, UBS Group lifted their target price on Union Pacific from $235.00 to $248.00 and gave the stock a neutral rating in a report on Friday, January 26th. Seven investment 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 stock. According to MarketBeat, the company currently has a consensus rating of Moderate Buy and an average target price of $258.78.

Union Pacific Stock Down 0.3 %

Shares of NYSE:UNP opened at $242.84 on Friday. Union Pacific has a 52-week low of $190.45 and a 52-week high of $258.66. The firm has a market capitalization of $148.16 billion, a P/E ratio of 23.17, a P/E/G ratio of 2.63 and a beta of 1.07. The stock has a 50 day moving average price of $244.27 and a 200-day moving average price of $234.95. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.67 and a current ratio of 0.93.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, April 25th. The railroad operator reported $2.69 earnings per share for the quarter, beating analysts’ consensus estimates of $2.50 by $0.19. Union Pacific had a return on equity of 44.34% and a net margin of 26.52%. The company had revenue of $6.03 billion during the quarter, compared to analyst estimates of $5.97 billion. During the same quarter last year, the company earned $2.67 EPS. The firm’s revenue for the quarter was down .4% on a year-over-year basis. As a group, equities research analysts anticipate that Union Pacific will post 11.01 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Thursday, February 29th were issued a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a yield of 2.14%. The ex-dividend date was Wednesday, February 28th. Union Pacific’s dividend payout ratio is presently 49.62%.

Insider Buying and Selling at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 3,750 shares of the business’s stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $250.00, for a total transaction of $937,500.00. Following the completion of the sale, the president now owns 56,682 shares of the company’s stock, valued at $14,170,500. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.28% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Union Pacific

Several large investors have recently made changes to their positions in the business. Norges Bank purchased a new position in shares of Union Pacific in the fourth quarter valued at about $1,832,127,000. Wellington Management Group LLP lifted its position 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 valued at $1,478,649,000 after acquiring an additional 19,145 shares in the last quarter. Capital Research Global Investors lifted its position in shares of Union Pacific by 23.1% in the fourth quarter. Capital Research Global Investors now owns 6,851,767 shares of the railroad operator’s stock valued at $1,682,931,000 after acquiring an additional 1,285,144 shares in the last quarter. Northern Trust Corp lifted its position in shares of Union Pacific by 4.4% in the third quarter. Northern Trust Corp now owns 6,803,796 shares of the railroad operator’s stock valued at $1,385,457,000 after acquiring an additional 285,988 shares in the last quarter. Finally, Fisher Asset Management LLC lifted its position in shares of Union Pacific by 2.2% in 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 buying an additional 125,522 shares in the last quarter. 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.