Union Pacific (NYSE:UNP) Price Target Raised to $265.00

Union Pacific (NYSE:UNP) had its price target upped by Raymond James from $260.00 to $265.00 in a research note released on Friday,Benzinga reports. The firm currently has a strong-buy rating on the railroad operator’s stock.

Several other research analysts also recently commented on the company. Royal Bank of Canada cut their target price on Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. BMO Capital Markets lowered their price objective on shares of Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a research report on Friday, September 20th. Citigroup increased their target price on shares of Union Pacific from $255.00 to $267.00 and gave the company a “neutral” rating in a report on Tuesday, November 12th. Barclays increased their target price on shares of Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a report on Wednesday, November 13th. Finally, Robert W. Baird reduced their target price on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. Nine equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Union Pacific has a consensus rating of “Moderate Buy” and an average target price of $259.80.

Union Pacific Stock Down 2.9 %

UNP stock opened at $225.11 on Friday. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. The company has a market capitalization of $136.47 billion, a price-to-earnings ratio of 20.67, a PEG ratio of 2.33 and a beta of 1.06. Union Pacific has a fifty-two week low of $218.55 and a fifty-two week high of $258.66. The stock has a fifty day moving average of $234.64 and a 200-day moving average of $238.83.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing the consensus estimate of $2.78 by ($0.03). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The company had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. During the same quarter in the prior year, the business earned $2.51 EPS. The firm’s revenue for the quarter was up 2.5% compared to the same quarter last year. As a group, equities research analysts predict that Union Pacific will post 10.94 earnings per share for the current year.

Union Pacific Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 9th were given a dividend of $1.34 per share. The ex-dividend date was Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a yield of 2.38%. Union Pacific’s dividend payout ratio (DPR) is currently 49.22%.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. Strategic Investment Solutions Inc. IL purchased a new position in shares of Union Pacific during the second quarter valued at approximately $28,000. Catalyst Capital Advisors LLC purchased a new position in shares of Union Pacific during the third quarter valued at approximately $30,000. Jamison Private Wealth Management Inc. raised its holdings in shares of Union Pacific by 265.7% during the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after purchasing an additional 93 shares during the last quarter. Fairscale Capital LLC purchased a new position in shares of Union Pacific during the second quarter valued at approximately $31,000. Finally, Dunhill Financial LLC raised its holdings in shares of Union Pacific by 111.5% during the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock valued at $32,000 after purchasing an additional 68 shares during the last quarter. 80.38% of the stock is 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.