Union Pacific Corp. Director Sells $652,512 in Stock (UNP)
Union Pacific Corp. (NYSE:UNP) Director Erroll Davis, Jr. sold 4,200 shares of the stock in a transaction that occurred on Tuesday, October 22nd. The stock was sold at an average price of $155.36, for a total transaction of $652,512.00. Following the transaction, the director now directly owns 2,347 shares of the company’s stock, valued at approximately $364,630. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Shares of Union Pacific Corp. (NYSE:UNP) traded up 0.11% on Wednesday, hitting $154.90. The stock had a trading volume of 2,777,262 shares. Union Pacific Corp. has a one year low of $116.06 and a one year high of $165.18. The stock’s 50-day moving average is $157.4 and its 200-day moving average is $151.5. The company has a market cap of $71.517 billion and a P/E ratio of 17.06.
Union Pacific Corp. (NYSE:UNP) last released its earnings data on Thursday, October 17th. The company reported $2.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.56 by $0.08. The company had revenue of $5.57 billion for the quarter, compared to the consensus estimate of $5.58 billion. During the same quarter in the previous year, the company posted $2.19 earnings per share. The company’s revenue for the quarter was up 4.3% on a year-over-year basis. On average, analysts predict that Union Pacific Corp. will post $9.38 earnings per share for the current fiscal year.
A number of analysts have recently weighed in on UNP shares. Analysts at RBC Capital cut their price target on shares of Union Pacific Corp. from $176.00 to $175.00 in a research note to investors on Friday, October 18th. They now have a “sector perform” rating on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Union Pacific Corp. in a research note to investors on Friday, October 18th. They now have a $175.00 price target on the stock, down previously from $181.00. Finally, analysts at Goldman Sachs Group Inc. upgraded shares of Union Pacific Corp. from a “neutral” rating to a “buy” rating in a research note to investors on Friday, October 18th. They now have a $176.00 price target on the stock. Eleven research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. Union Pacific Corp. presently has a consensus rating of “Buy” and a consensus target price of $144.52.
Union Pacific Corporation (NYSE:UNP) owns transportation companies.
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