Susquehanna Issues Positive Forecast for Union Pacific (NYSE:UNP) Stock Price

Union Pacific (NYSE:UNP) had its price objective boosted by Susquehanna from $305.00 to $333.00 in a research report report published on Tuesday, Marketbeat Ratings reports. They currently have a positive rating on the railroad operator’s stock.

UNP has been the subject of a number of other reports. Evercore reaffirmed an “outperform” rating and set a $294.00 target price on shares of Union Pacific in a report on Thursday, June 25th. TD Cowen boosted their price objective on shares of Union Pacific from $256.00 to $282.00 and gave the company a “buy” rating in a research report on Friday, April 24th. Citigroup restated a “buy” rating and issued a $326.00 price objective (up from $307.00) on shares of Union Pacific in a research note on Thursday, July 9th. Weiss Ratings cut Union Pacific from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, June 23rd. Finally, UBS Group reaffirmed a “neutral” rating and issued a $274.00 target price (up from $253.00) on shares of Union Pacific in a report on Friday, April 24th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Union Pacific has an average rating of “Moderate Buy” and a consensus target price of $294.89.

Union Pacific Stock Down 0.2%

UNP stock opened at $288.44 on Tuesday. Union Pacific has a fifty-two week low of $210.84 and a fifty-two week high of $291.66. The business’s 50-day moving average is $270.10 and its two-hundred day moving average is $254.84. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.73 and a current ratio of 0.92. The company has a market cap of $171.25 billion, a price-to-earnings ratio of 23.76, a P/E/G ratio of 3.03 and a beta of 0.96.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.86 by $0.07. Union Pacific had a return on equity of 39.58% and a net margin of 29.20%.The business had revenue of $6.22 billion during the quarter, compared to the consensus estimate of $6.12 billion. During the same period in the previous year, the company posted $2.70 EPS. The business’s quarterly revenue was up 3.2% compared to the same quarter last year. As a group, analysts forecast that Union Pacific will post 12.59 earnings per share for the current year.

Union Pacific Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, May 29th were paid a $1.38 dividend. The ex-dividend date of this dividend was Friday, May 29th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.9%. Union Pacific’s dividend payout ratio is 45.47%.

Insider Activity

In related news, EVP Eric J. Gehringer sold 2,991 shares of Union Pacific stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $263.96, for a total transaction of $789,504.36. Following the transaction, the executive vice president owned 43,012 shares in the company, valued at approximately $11,353,447.52. The trade was a 6.50% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Jennifer L. Hamann sold 2,000 shares of the company’s stock in a transaction on Friday, April 24th. The stock was sold at an average price of $274.70, for a total transaction of $549,400.00. Following the completion of the transaction, the chief financial officer directly owned 114,642 shares of the company’s stock, valued at $31,492,157.40. This represents a 1.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 32,378 shares of company stock worth $8,781,595 in the last three months. Company insiders own 0.22% of the company’s stock.

Hedge Funds Weigh In On Union Pacific

Several large investors have recently made changes to their positions in UNP. Rachor Investment Advisory Services LLC purchased a new stake in shares of Union Pacific during the fourth quarter worth about $25,000. Tucker Asset Management LLC purchased a new position in Union Pacific in the 4th quarter worth approximately $25,000. SWAN Capital LLC boosted its stake in Union Pacific by 2,575.0% in the 4th quarter. SWAN Capital LLC now owns 107 shares of the railroad operator’s stock worth $25,000 after purchasing an additional 103 shares during the period. High Point Wealth Management LLC bought a new position in Union Pacific in the 4th quarter worth approximately $26,000. Finally, Saranac Partners Ltd bought a new position in Union Pacific in the 3rd quarter worth approximately $27,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Company Profile

Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.