Union Pacific (NYSE:UNP) PT Raised to $280.00 at Barclays

Union Pacific (NYSE:UNP) had its price target hoisted by Barclays from $260.00 to $280.00 in a report published on Friday, The Fly reports. They currently have an overweight rating on the railroad operator’s stock.

Other equities research analysts have also issued research reports about the company. Deutsche Bank Aktiengesellschaft boosted their price objective on Union Pacific from $261.00 to $270.00 and gave the stock a buy rating in a research report on Monday, November 29th. JPMorgan Chase & Co. upgraded Union Pacific from a neutral rating to an overweight rating and upped their price target for the company from $234.00 to $247.00 in a research report on Friday, October 8th. Royal Bank of Canada upped their price target on Union Pacific from $227.00 to $252.00 and gave the company an outperform rating in a research report on Friday, October 22nd. Wells Fargo & Company upped their price target on Union Pacific from $249.00 to $276.00 and gave the company an equal weight rating in a research report on Monday, January 10th. Finally, Citigroup boosted their price objective on Union Pacific from $245.00 to $287.00 in a research note on Wednesday, January 5th. One analyst has rated the stock with a sell rating, four have given a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of Buy and a consensus price target of $255.83.

Union Pacific stock opened at $246.27 on Friday. The company has a debt-to-equity ratio of 1.98, a quick ratio of 0.62 and a current ratio of 0.75. Union Pacific has a 52 week low of $193.14 and a 52 week high of $256.11. The stock has a market capitalization of $158.32 billion, a P/E ratio of 26.37, a price-to-earnings-growth ratio of 2.20 and a beta of 1.20. The stock has a fifty day moving average of $245.06 and a 200-day moving average of $228.12.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Wednesday, October 20th. The railroad operator reported $2.57 EPS for the quarter, topping analysts’ consensus estimates of $2.48 by $0.09. The company had revenue of $5.57 billion during the quarter, compared to analysts’ expectations of $5.39 billion. Union Pacific had a return on equity of 41.68% and a net margin of 29.19%. Union Pacific’s revenue was up 13.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.01 EPS. On average, research analysts forecast that Union Pacific will post 9.9 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 30th. Stockholders of record on Monday, December 20th were paid a dividend of $1.18 per share. This is a boost from Union Pacific’s previous quarterly dividend of $1.07. This represents a $4.72 dividend on an annualized basis and a dividend yield of 1.92%. The ex-dividend date was Friday, December 17th. Union Pacific’s dividend payout ratio (DPR) is 50.54%.

In related news, EVP Elizabeth F. Whited sold 7,500 shares of the business’s stock in a transaction that occurred on Friday, November 26th. The shares were sold at an average price of $240.21, for a total value of $1,801,575.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Elizabeth F. Whited sold 2,510 shares of the business’s stock in a transaction that occurred on Monday, December 6th. The stock was sold at an average price of $245.00, for a total transaction of $614,950.00. The disclosure for this sale can be found here. Insiders sold 10,510 shares of company stock worth $2,535,525 over the last three months. 0.20% of the stock is owned by insiders.

Several hedge funds have recently modified their holdings of UNP. Blair William & Co. IL boosted its holdings in Union Pacific by 1.4% in the 2nd quarter. Blair William & Co. IL now owns 488,917 shares of the railroad operator’s stock worth $107,528,000 after buying an additional 6,882 shares during the period. DNB Asset Management AS lifted its stake in Union Pacific by 18.7% in the 3rd quarter. DNB Asset Management AS now owns 173,861 shares of the railroad operator’s stock worth $34,078,000 after purchasing an additional 27,408 shares in the last quarter. Waverton Investment Management Ltd lifted its stake in Union Pacific by 0.4% in the 3rd quarter. Waverton Investment Management Ltd now owns 553,421 shares of the railroad operator’s stock worth $108,476,000 after purchasing an additional 2,267 shares in the last quarter. Advisory Services Network LLC raised its position in shares of Union Pacific by 23.3% during the 3rd quarter. Advisory Services Network LLC now owns 21,461 shares of the railroad operator’s stock valued at $4,207,000 after buying an additional 4,052 shares in the last quarter. Finally, Sterling Investment Management Inc. raised its position in shares of Union Pacific by 42.6% during the 3rd quarter. Sterling Investment Management Inc. now owns 5,547 shares of the railroad operator’s stock valued at $1,087,000 after buying an additional 1,656 shares in the last quarter. 76.76% of the stock is owned by hedge funds and other institutional investors.

Union Pacific Company Profile

Union Pacific Corp. engages in the provision of railroad and freight transportation services. Its principal operating company, Union Pacific Railroad Co, operates as a railroad franchise. The Railroad’s diversified business mix includes agricultural products, automotive, chemicals, coal, industrial products, and intermodal.

Further Reading: Asset Allocation, Balancing Your Investments

The Fly logo

Analyst Recommendations for Union Pacific (NYSE:UNP)

Receive News & Ratings for Union Pacific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Union Pacific and related companies with MarketBeat.com's FREE daily email newsletter.