Brokerages Set Union Pacific Corporation (NYSE:UNP) Target Price at $320.89

Union Pacific Corporation (NYSE:UNP) has received an average rating of “Moderate Buy” from the twenty-one analysts that are covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $327.7222.

A number of research analysts have commented on the company. Citizens Jmp began coverage on Union Pacific in a report on Wednesday, July 15th. They issued an “outperform” rating and a $350.00 price objective on the stock. Citigroup lifted their target price on Union Pacific from $326.00 to $349.00 and gave the stock a “buy” rating in a report on Friday, July 24th. TD Cowen reissued a “buy” rating and issued a $325.00 target price (up from $282.00) on shares of Union Pacific in a research report on Friday, July 24th. JPMorgan Chase & Co. upped their price target on shares of Union Pacific from $304.00 to $334.00 and gave the company a “neutral” rating in a research note on Friday, July 24th. Finally, Evercore reaffirmed an “outperform” rating and set a $294.00 price target on shares of Union Pacific in a research report on Thursday, June 25th.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Tucker Asset Management LLC bought a new position in Union Pacific during the 4th quarter worth $25,000. Wiser Advisor Group LLC bought a new stake in shares of Union Pacific during the 2nd quarter valued at $30,000. Scarborough Advisors LLC acquired a new stake in shares of Union Pacific during the 1st quarter worth $27,000. Cornerstone Financial Management LLC acquired a new stake in shares of Union Pacific during the 4th quarter worth $27,000. Finally, Merkkuri Wealth Advisors LLC acquired a new stake in shares of Union Pacific during the 1st quarter worth $29,000. 80.38% of the stock is owned by institutional investors.

Union Pacific Stock Down 1.2%

Union Pacific stock opened at $279.19 on Tuesday. The stock has a market cap of $165.86 billion, a P/E ratio of 22.61, a P/E/G ratio of 2.78 and a beta of 0.96. The company has a quick ratio of 0.82, a current ratio of 0.99 and a debt-to-equity ratio of 1.40. Union Pacific has a twelve month low of $215.53 and a twelve month high of $315.99. The company’s 50-day moving average price is $294.72 and its two-hundred day moving average price is $272.34.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, July 23rd. The railroad operator reported $3.41 earnings per share for the quarter, topping analysts’ consensus estimates of $3.26 by $0.15. The company had revenue of $6.86 billion for the quarter, compared to analyst estimates of $6.72 billion. Union Pacific had a return on equity of 38.46% and a net margin of 28.85%.The firm’s quarterly revenue was up 11.5% compared to the same quarter last year. During the same quarter last year, the company earned $3.03 earnings per share. As a group, analysts expect that Union Pacific will post 13.01 EPS for the current year.

Union Pacific Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Monday, August 31st will be given a dividend of $1.42 per share. This represents a $5.68 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Monday, August 31st. This is a boost from Union Pacific’s previous quarterly dividend of $1.38. Union Pacific’s dividend payout ratio (DPR) is currently 45.99%.

Union Pacific Company Profile

Union Pacific Corporation is a transportation company that operates Union Pacific Railroad, one of the largest freight railroad networks in the United States. The company provides rail transportation and logistics services for a broad range of commodities, including agricultural products, automotive goods, chemicals, coal, industrial products, and intermodal shipments.

Union Pacific’s railroad network serves the western two-thirds of the United States, connecting major markets and ports across approximately 23 states.