Traders sold shares of Union Pacific Co. (NYSE:UNP) on strength during trading hours on Wednesday. $117.32 million flowed into the stock on the tick-up and $239.41 million flowed out of the stock on the tick-down, for a money net flow of $122.09 million out of the stock. Of all stocks tracked, Union Pacific had the 6th highest net out-flow for the day. Union Pacific traded up $2.90 for the day and closed at $154.17
A number of equities research analysts have recently commented on the company. Morgan Stanley increased their price objective on Union Pacific from $125.00 to $136.00 and gave the company an “equal weight” rating in a research report on Friday, June 1st. Cowen reiterated a “market perform” rating and set a $153.00 price objective (up previously from $140.00) on shares of Union Pacific in a research report on Friday, June 1st. Zacks Investment Research downgraded Union Pacific from a “buy” rating to a “hold” rating in a research report on Wednesday, August 8th. Robert W. Baird boosted their target price on shares of Union Pacific from $144.00 to $155.00 and gave the company a “neutral” rating in a research note on Monday, June 4th. Finally, Loop Capital boosted their target price on shares of Union Pacific to $153.00 and gave the company a “hold” rating in a research note on Friday, June 1st. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $147.35.
The company has a current ratio of 1.03, a quick ratio of 0.85 and a debt-to-equity ratio of 1.07. The company has a market cap of $111.38 billion, a PE ratio of 26.22, a price-to-earnings-growth ratio of 1.82 and a beta of 0.82.
Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, July 19th. The railroad operator reported $1.98 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.94 by $0.04. Union Pacific had a net margin of 51.31% and a return on equity of 23.63%. The business had revenue of $5.67 billion for the quarter, compared to the consensus estimate of $5.65 billion. During the same period in the prior year, the business posted $1.45 earnings per share. Union Pacific’s revenue for the quarter was up 8.0% compared to the same quarter last year. equities research analysts anticipate that Union Pacific Co. will post 7.76 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Friday, September 28th. Stockholders of record on Friday, August 31st will be paid a $0.80 dividend. The ex-dividend date is Thursday, August 30th. This is an increase from Union Pacific’s previous quarterly dividend of $0.73. This represents a $3.20 dividend on an annualized basis and a dividend yield of 2.08%. Union Pacific’s dividend payout ratio is 55.27%.
In other news, EVP Lynden L. Tennison sold 8,450 shares of the company’s stock in a transaction on Tuesday, August 28th. The shares were sold at an average price of $151.72, for a total value of $1,282,034.00. Following the transaction, the executive vice president now directly owns 53,978 shares of the company’s stock, valued at $8,189,542.16. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.20% of the company’s stock.
Several hedge funds and other institutional investors have recently bought and sold shares of UNP. Lenox Wealth Advisors LLC acquired a new position in Union Pacific during the second quarter worth $105,000. Landaas & Co. WI ADV acquired a new position in Union Pacific during the second quarter worth $133,000. grace capital acquired a new position in Union Pacific during the second quarter worth $142,000. Ballew Advisors Inc acquired a new position in Union Pacific during the first quarter worth $145,000. Finally, Exane Derivatives increased its position in Union Pacific by 85.1% during the second quarter. Exane Derivatives now owns 1,096 shares of the railroad operator’s stock worth $155,000 after buying an additional 504 shares during the last quarter. 80.45% of the stock is currently owned by institutional investors and hedge funds.
Union Pacific Company Profile (NYSE:UNP)
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, and food and beverage products; automotive, such as finished vehicles and automotive parts; and chemicals comprising industrial chemicals, plastics, fertilizers, petroleum and liquid petroleum gases, crude oil, and soda ash.
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