Benchmark Raises Union Pacific (NYSE:UNP) Price Target to $266.00

Union Pacific (NYSE:UNPFree Report) had its price target raised by Benchmark from $260.00 to $266.00 in a research note released on Wednesday, Benzinga reports. They currently have a buy rating on the railroad operator’s stock.

A number of other research firms have also recently commented on UNP. Royal Bank of Canada cut their target price on Union Pacific from $282.00 to $272.00 and set an outperform rating on the stock in a research report on Friday, January 26th. JPMorgan Chase & Co. lifted their target price on Union Pacific from $237.00 to $243.00 and gave the stock a neutral rating in a research report on Tuesday. Raymond James lifted their target price on Union Pacific from $240.00 to $275.00 and gave the stock a strong-buy rating in a research report on Tuesday, January 16th. UBS Group boosted their price target on Union Pacific from $235.00 to $248.00 and gave the company a neutral rating in a research report on Friday, January 26th. Finally, TD Cowen boosted their price target on Union Pacific from $228.00 to $251.00 and gave the company an outperform rating in a research report on Friday, January 26th. Eight investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of Moderate Buy and a consensus target price of $253.48.

Get Our Latest Analysis on UNP

Union Pacific Stock Down 0.7 %

Shares of NYSE UNP opened at $234.46 on Wednesday. The company has a market capitalization of $143.04 billion, a price-to-earnings ratio of 22.41, a price-to-earnings-growth ratio of 2.57 and a beta of 1.07. The company has a debt-to-equity ratio of 2.11, a current ratio of 0.81 and a quick ratio of 0.67. The business has a 50-day moving average of $247.04 and a two-hundred day moving average of $232.77. Union Pacific has a 1 year low of $190.37 and a 1 year high of $258.66.

Union Pacific (NYSE:UNPGet Free Report) last announced its quarterly earnings results on Thursday, January 25th. The railroad operator reported $2.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.56 by $0.15. Union Pacific had a return on equity of 46.87% and a net margin of 26.45%. The company had revenue of $6.16 billion during the quarter, compared to the consensus estimate of $6.05 billion. During the same period in the previous year, the business earned $2.67 EPS. Union Pacific’s revenue for the quarter was down .3% on a year-over-year basis. On average, analysts forecast that Union Pacific will post 10.98 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Thursday, February 29th were given a $1.30 dividend. This represents a $5.20 annualized dividend and a dividend yield of 2.22%. The ex-dividend date of this dividend was Wednesday, February 28th. Union Pacific’s dividend payout ratio (DPR) is currently 49.71%.

Insider Buying and Selling at Union Pacific

In other news, President Elizabeth F. Whited sold 3,750 shares of the firm’s stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $250.00, for a total transaction of $937,500.00. Following the completion of the sale, the president now directly owns 56,682 shares in the company, valued at $14,170,500. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.28% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Union Pacific

Hedge funds have recently made changes to their positions in the business. OLD Point Trust & Financial Services N A bought a new stake in shares of Union Pacific during the fourth quarter valued at approximately $25,000. Raleigh Capital Management Inc. raised its holdings in shares of Union Pacific by 211.4% during the fourth quarter. Raleigh Capital Management Inc. now owns 109 shares of the railroad operator’s stock valued at $27,000 after buying an additional 74 shares during the last quarter. Valued Wealth Advisors LLC bought a new stake in shares of Union Pacific during the fourth quarter valued at approximately $28,000. Scarborough Advisors LLC bought a new stake in shares of Union Pacific during the fourth quarter valued at approximately $29,000. Finally, BluePath Capital Management LLC bought a new stake in shares of Union Pacific during the third quarter valued at approximately $25,000. Institutional investors own 80.38% of the company’s stock.

Union Pacific Company Profile

(Get Free Report)

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.

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Analyst Recommendations for Union Pacific (NYSE:UNP)

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