Scotiabank Reiterates “$150.00” Price Target for Union Pacific (UNP)
Other equities analysts have also recently issued research reports about the stock. Argus increased their price objective on shares of Union Pacific from $125.00 to $130.00 and gave the stock a buy rating in a research report on Tuesday, October 31st. BMO Capital Markets restated a buy rating on shares of Union Pacific in a report on Friday, October 20th. Zacks Investment Research upgraded shares of Union Pacific from a hold rating to a buy rating and set a $130.00 target price on the stock in a report on Wednesday, November 1st. Barclays restated a buy rating and issued a $150.00 target price on shares of Union Pacific in a report on Wednesday, December 13th. Finally, UBS Group upgraded shares of Union Pacific from a neutral rating to a buy rating in a report on Friday, January 5th. Four research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and seven have issued a buy rating to the company’s stock. Union Pacific currently has a consensus rating of Hold and a consensus target price of $122.65.
Union Pacific (UNP) opened at $141.17 on Thursday. The stock has a market cap of $111,120.00, a PE ratio of 24.99, a PEG ratio of 1.97 and a beta of 0.90. The company has a current ratio of 1.16, a quick ratio of 0.97 and a debt-to-equity ratio of 0.83. Union Pacific has a 1 year low of $101.06 and a 1 year high of $141.81.
Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, October 26th. The railroad operator reported $1.50 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.49 by $0.01. The company had revenue of $5.41 billion for the quarter, compared to analysts’ expectations of $5.32 billion. Union Pacific had a net margin of 21.84% and a return on equity of 23.35%. The business’s revenue was up 4.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.36 EPS. research analysts forecast that Union Pacific will post 5.79 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 28th. Shareholders of record on Thursday, November 30th were paid a $0.665 dividend. This is a positive change from Union Pacific’s previous quarterly dividend of $0.61. The ex-dividend date was Wednesday, November 29th. This represents a $2.66 annualized dividend and a yield of 1.88%. Union Pacific’s dividend payout ratio (DPR) is 47.08%.
Large investors have recently bought and sold shares of the business. Pathstone Family Office LLC increased its stake in Union Pacific by 41.3% in the 2nd quarter. Pathstone Family Office LLC now owns 178 shares of the railroad operator’s stock valued at $2,304,000 after buying an additional 52 shares during the last quarter. Acropolis Investment Management LLC purchased a new stake in Union Pacific in the 4th quarter valued at about $107,000. Mitsubishi UFJ Securities Holdings Co. Ltd. increased its stake in Union Pacific by 46.6% in the 2nd quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,070 shares of the railroad operator’s stock valued at $117,000 after buying an additional 340 shares during the last quarter. Acrospire Investment Management LLC increased its stake in Union Pacific by 33.3% in the 2nd quarter. Acrospire Investment Management LLC now owns 1,200 shares of the railroad operator’s stock valued at $131,000 after buying an additional 300 shares during the last quarter. Finally, Community Bank N.A. increased its stake in Union Pacific by 3.0% in the 2nd quarter. Community Bank N.A. now owns 1,537 shares of the railroad operator’s stock valued at $168,000 after buying an additional 45 shares during the last quarter. Hedge funds and other institutional investors own 78.45% of the company’s stock.
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About Union Pacific
Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.
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