Union Pacific (NYSE:UNP) Price Target Increased to $273.00 by Analysts at Evercore ISI

Union Pacific (NYSE:UNP) had its target price lifted by Evercore ISI from $271.00 to $273.00 in a report released on Friday, Benzinga reports. They currently have an outperform rating on the railroad operator’s stock.

UNP has been the subject of several other research reports. BMO Capital Markets lifted their price objective on shares of Union Pacific from $270.00 to $275.00 and gave the company an outperform rating in a research note on Friday, January 26th. Jefferies Financial Group started coverage on Union Pacific in a report on Monday, April 8th. They set a hold rating and a $250.00 price objective on the stock. Benchmark raised their price objective on Union Pacific from $260.00 to $266.00 and gave the company a buy rating in a research note on Wednesday, April 10th. The Goldman Sachs Group increased their price target on Union Pacific from $248.00 to $274.00 and gave the company a buy rating in a report on Thursday, April 11th. Finally, Royal Bank of Canada decreased their price objective on shares of Union Pacific from $282.00 to $272.00 and set an outperform rating for the company in a report on Friday, January 26th. Seven analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of Moderate Buy and a consensus price target of $258.78.

Union Pacific Trading Down 0.7 %

Shares of NYSE:UNP opened at $240.98 on Friday. The company has a quick ratio of 0.76, a current ratio of 0.93 and a debt-to-equity ratio of 1.99. Union Pacific has a 12-month low of $190.71 and a 12-month high of $258.66. The firm has a fifty day moving average of $244.15 and a two-hundred day moving average of $235.56. The firm has a market capitalization of $147.03 billion, a P/E ratio of 22.99, a price-to-earnings-growth ratio of 2.61 and a beta of 1.07.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, April 25th. The railroad operator reported $2.69 earnings per share for the quarter, topping the consensus estimate of $2.50 by $0.19. The company had revenue of $6.03 billion for the quarter, compared to analyst estimates of $5.97 billion. Union Pacific had a return on equity of 44.34% and a net margin of 26.52%. The business’s revenue was down .4% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.67 EPS. On average, equities analysts expect that Union Pacific will post 11.08 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Thursday, February 29th were paid a $1.30 dividend. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $5.20 annualized dividend and a dividend yield of 2.16%. Union Pacific’s dividend payout ratio is presently 49.62%.

Insider Buying and Selling

In other Union Pacific news, President Elizabeth F. Whited sold 3,750 shares of the company’s stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $250.00, for a total transaction of $937,500.00. Following the sale, the president now directly owns 56,682 shares of the company’s stock, valued at $14,170,500. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.26% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in UNP. BluePath Capital Management LLC acquired a new position in shares of Union Pacific during the third quarter worth approximately $25,000. OLD Point Trust & Financial Services N A acquired a new position in Union Pacific during the 4th quarter worth $25,000. Richardson Capital Management LLC bought a new position in Union Pacific in the 1st quarter valued at $26,000. Raleigh Capital Management Inc. increased its stake in shares of Union Pacific by 211.4% in the 4th quarter. Raleigh Capital Management Inc. now owns 109 shares of the railroad operator’s stock valued at $27,000 after buying an additional 74 shares during the period. Finally, Valued Wealth Advisors LLC acquired a new stake in Union Pacific in the fourth quarter worth about $28,000. 80.38% of the stock is owned by institutional investors.

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.