Union Pacific Co. (NYSE:UNP) has received a consensus recommendation of “Hold” from the twenty-three research firms that are presently covering the company, MarketBeat reports. Three research analysts have rated the stock with a sell recommendation, sixteen have given a hold recommendation and four have given a buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $117.89.
A number of brokerages recently weighed in on UNP. UBS lifted their target price on shares of Union Pacific from $115.00 to $126.00 and gave the stock a “neutral” rating in a research note on Friday, October 27th. Loop Capital raised their price target on shares of Union Pacific from $118.00 to $120.00 and gave the stock a “hold” rating in a report on Monday, October 30th. Royal Bank Of Canada restated a “hold” rating and issued a $124.00 price target on shares of Union Pacific in a report on Thursday, November 9th. Goldman Sachs Group initiated coverage on shares of Union Pacific in a report on Monday, November 13th. They issued a “sell” rating and a $103.00 price target for the company. Finally, BMO Capital Markets raised their price target on shares of Union Pacific from $123.00 to $127.00 and gave the stock an “outperform” rating in a report on Friday, October 27th.
Several hedge funds and other institutional investors have recently modified their holdings of UNP. Proficio Capital Partners LLC boosted its holdings in Union Pacific by 36.3% during the first quarter. Proficio Capital Partners LLC now owns 1,028 shares of the railroad operator’s stock worth $111,000 after purchasing an additional 274 shares during the last quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. boosted its holdings in Union Pacific by 46.6% during the second quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,070 shares of the railroad operator’s stock worth $117,000 after purchasing an additional 340 shares during the last quarter. SRS Capital Advisors Inc. boosted its holdings in Union Pacific by 147.2% during the first quarter. SRS Capital Advisors Inc. now owns 1,152 shares of the railroad operator’s stock worth $122,000 after purchasing an additional 686 shares during the last quarter. Ullmann Financial Group Inc. purchased a new position in Union Pacific during the first quarter worth about $122,000. Finally, Delta Asset Management LLC TN boosted its holdings in Union Pacific by 6.8% during the second quarter. Delta Asset Management LLC TN now owns 1,183 shares of the railroad operator’s stock worth $129,000 after purchasing an additional 75 shares during the last quarter. Hedge funds and other institutional investors own 78.63% of the company’s stock.
Union Pacific (NYSE:UNP) last announced 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 net margin of 21.84% and a return on equity of 23.35%. The business had revenue of $5.41 billion during the quarter, compared to the consensus estimate of $5.32 billion. During the same quarter last year, the firm earned $1.36 earnings per share. Union Pacific’s quarterly revenue was up 4.5% on a year-over-year basis. analysts anticipate that Union Pacific will post 5.78 earnings per share 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 is a boost from Union Pacific’s previous quarterly dividend of $0.61. This represents a $2.66 dividend on an annualized basis and a dividend yield of 2.06%. The ex-dividend date of this dividend is Wednesday, November 29th. Union Pacific’s dividend payout ratio (DPR) is currently 47.08%.
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Union Pacific Company Profile
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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