Union Pacific Corp. (UNP) Research Coverage Started at Vertical Research
Analysts at Vertical Research initiated coverage on shares of Union Pacific Corp. (NYSE:UNP) in a report released on Tuesday, The Fly reports. The brokerage set a “hold” rating on the railroad operator’s stock.
Other research analysts also recently issued reports about the stock. Argus restated a “buy” rating and set a $100.00 target price on shares of Union Pacific Corp. in a research report on Monday, July 25th. Atlantic Securities began coverage on shares of Union Pacific Corp. in a research report on Thursday, August 11th. They set an “overweight” rating and a $114.00 target price for the company. Howard Weil downgraded shares of Union Pacific Corp. to a “sector perform” rating in a research report on Tuesday, June 21st. Oppenheimer Holdings Inc. began coverage on shares of Union Pacific Corp. in a research report on Wednesday, June 15th. They set a “market perform” rating for the company. Finally, Morgan Stanley set a $100.00 target price on shares of Union Pacific Corp. and gave the company a “buy” rating in a research report on Thursday, August 18th. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating and thirteen have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $96.12.
Shares of Union Pacific Corp. (NYSE:UNP) traded down 0.81% on Tuesday, hitting $96.56. The stock had a trading volume of 857,933 shares. The firm’s 50-day moving average price is $95.33 and its 200 day moving average price is $89.15. Union Pacific Corp. has a 12 month low of $67.06 and a 12 month high of $98.84. The firm has a market cap of $80.43 billion, a P/E ratio of 18.80 and a beta of 0.84.
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Union Pacific Corp. (NYSE:UNP) last announced its quarterly earnings data on Thursday, July 21st. The railroad operator reported $1.17 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.17. The firm had revenue of $4.77 billion for the quarter, compared to analyst estimates of $4.80 billion. Union Pacific Corp. had a net margin of 21.48% and a return on equity of 21.29%. The business’s quarterly revenue was down 12.1% compared to the same quarter last year. During the same period in the previous year, the company earned $1.38 earnings per share. Analysts anticipate that Union Pacific Corp. will post $5.04 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 30th. Stockholders of record on Wednesday, August 31st were issued a $0.55 dividend. The ex-dividend date was Monday, August 29th. This represents a $2.20 annualized dividend and a dividend yield of 2.26%. Union Pacific Corp.’s dividend payout ratio is currently 42.80%.
In other Union Pacific Corp. news, EVP Robert M. Knight, Jr. sold 5,000 shares of the stock in a transaction that occurred on Wednesday, September 7th. The shares were sold at an average price of $97.00, for a total transaction of $485,000.00. Following the sale, the executive vice president now directly owns 150,660 shares in the company, valued at approximately $14,614,020. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Robert M. Knight, Jr. sold 10,000 shares of the stock in a transaction that occurred on Thursday, September 1st. The stock was sold at an average price of $95.24, for a total transaction of $952,400.00. Following the sale, the executive vice president now owns 150,660 shares in the company, valued at $14,348,858.40. The disclosure for this sale can be found here. 0.14% of the stock is currently owned by insiders.
A number of large investors have recently added to or reduced their stakes in the company. West Oak Capital LLC raised its stake in Union Pacific Corp. by 6.2% in the third quarter. West Oak Capital LLC now owns 1,094 shares of the railroad operator’s stock worth $107,000 after buying an additional 64 shares during the period. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in shares of Union Pacific Corp. during the second quarter worth $108,000. Lenox Wealth Advisors Inc. raised its stake in shares of Union Pacific Corp. by 4.9% in the third quarter. Lenox Wealth Advisors Inc. now owns 1,167 shares of the railroad operator’s stock worth $114,000 after buying an additional 55 shares during the last quarter. Tradewinds Capital Management LLC raised its stake in shares of Union Pacific Corp. by 22.4% in the second quarter. Tradewinds Capital Management LLC now owns 1,364 shares of the railroad operator’s stock worth $119,000 after buying an additional 250 shares during the last quarter. Finally, Community Bank N.A. raised its stake in shares of Union Pacific Corp. by 41.9% in the second quarter. Community Bank N.A. now owns 1,422 shares of the railroad operator’s stock worth $124,000 after buying an additional 420 shares during the last quarter. Institutional investors own 78.14% of the company’s stock.
About Union Pacific Corp.
Union Pacific Corporation operates through its principal operating company, Union Pacific Railroad Company. Union Pacific Railroad Company links approximately 20 states in the western two-thirds of the country by rail, providing link in the supply chain. The Company’s business mix includes agricultural products, automotive, chemicals, coal, industrial products and intermodal.
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