Union Pacific Sees Unusually High Options Volume (UNP)

Union Pacific Co. (NYSE:UNP) was the target of some unusual options trading on Tuesday. Investors purchased 40,245 call options on the company. This represents an increase of approximately 1,724% compared to the typical volume of 2,206 call options.

A number of analysts have commented on the company. BidaskClub raised Union Pacific from a “strong sell” rating to a “sell” rating in a report on Friday, August 18th. Zacks Investment Research upgraded Union Pacific from a “hold” rating to a “buy” rating and set a $130.00 target price on the stock in a research report on Wednesday, November 1st. Citigroup downgraded Union Pacific from a “buy” rating to a “neutral” rating and set a $120.00 price objective on the stock. in a research report on Wednesday, October 4th. Morgan Stanley downgraded Union Pacific from an “overweight” rating to an “equal weight” rating and lowered their price objective for the company from $102.00 to $100.00 in a research report on Monday, October 2nd. Finally, Wolfe Research downgraded Union Pacific from an “outperform” rating to a “market perform” rating in a research report on Monday, August 7th. Four analysts have rated the stock with a sell rating, sixteen have issued a hold rating and four have issued a buy rating to the stock. Union Pacific presently has a consensus rating of “Hold” and a consensus target price of $117.59.

Shares of Union Pacific (UNP) opened at $126.50 on Friday. The company has a current ratio of 1.16, a quick ratio of 0.97 and a debt-to-equity ratio of 0.83. The firm has a market capitalization of $99,580.00, a price-to-earnings ratio of 20.99, a price-to-earnings-growth ratio of 1.93 and a beta of 0.87. Union Pacific has a twelve month low of $100.10 and a twelve month high of $127.86.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, October 26th. The railroad operator reported $1.50 earnings per share for the quarter, topping analysts’ consensus estimates of $1.49 by $0.01. Union Pacific had a return on equity of 23.35% and a net margin of 21.84%. The company had revenue of $5.41 billion during the quarter, compared to analyst estimates of $5.32 billion. During the same quarter in the prior year, the business earned $1.36 earnings per share. Union Pacific’s revenue was up 4.5% on a year-over-year basis. equities analysts forecast that Union Pacific will post 5.78 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 28th. Stockholders of record on Thursday, November 30th will be issued a dividend of $0.665 per share. This represents a $2.66 annualized dividend and a dividend yield of 2.10%. The ex-dividend date of this dividend is Wednesday, November 29th. This is a positive change from Union Pacific’s previous quarterly dividend of $0.61. Union Pacific’s dividend payout ratio is currently 42.83%.

A number of hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. increased its holdings in Union Pacific by 1.9% in the 2nd quarter. Vanguard Group Inc. now owns 61,505,708 shares of the railroad operator’s stock valued at $6,698,588,000 after purchasing an additional 1,146,109 shares during the last quarter. BlackRock Inc. lifted its position in Union Pacific by 0.3% in the second quarter. BlackRock Inc. now owns 50,764,821 shares of the railroad operator’s stock valued at $5,528,796,000 after acquiring an additional 141,521 shares during the last quarter. State Street Corp raised its holdings in shares of Union Pacific by 0.4% in the first quarter. State Street Corp now owns 34,686,206 shares of the railroad operator’s stock valued at $3,673,956,000 after buying an additional 127,803 shares during the last quarter. FMR LLC raised its holdings in shares of Union Pacific by 84.6% in the second quarter. FMR LLC now owns 9,603,068 shares of the railroad operator’s stock valued at $1,045,870,000 after buying an additional 4,399,980 shares during the last quarter. Finally, TIAA CREF Investment Management LLC increased its stake in shares of Union Pacific by 0.6% during the second quarter. TIAA CREF Investment Management LLC now owns 7,948,391 shares of the railroad operator’s stock worth $865,659,000 after acquiring an additional 46,298 shares during the period. Institutional investors own 78.64% 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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