Traders purchased shares of Union Pacific Corp. (NYSE:UNP) on weakness during trading hours on Wednesday following insider selling activity. $113.21 million flowed into the stock on the tick-up and $43.96 million flowed out of the stock on the tick-down, for a money net flow of $69.25 million into the stock. Of all companies tracked, Union Pacific Corp. had the 8th highest net in-flow for the day. Union Pacific Corp. traded down ($0.63) for the day and closed at $95.91Specifically, EVP Robert M. Knight, Jr. sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 7th. The shares were sold at an average price of $97.00, for a total value of $485,000.00. Following the completion of the transaction, the executive vice president now owns 150,660 shares in the company, valued at $14,614,020. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Cameron A. Scott sold 6,484 shares of the company’s stock in a transaction that occurred on Friday, October 7th. The shares were sold at an average price of $98.44, for a total transaction of $638,284.96. Following the completion of the transaction, the executive vice president now owns 71,320 shares of the company’s stock, valued at approximately $7,020,740.80. The disclosure for this sale can be found here. 0.14% of the stock is currently owned by insiders.
Several research firms have recently weighed in on UNP. Argus reiterated a “buy” rating and issued a $100.00 price target on shares of Union Pacific Corp. in a report on Monday, July 25th. Atlantic Securities began coverage on shares of Union Pacific Corp. in a report on Thursday, August 11th. They issued an “overweight” rating and a $114.00 price target for the company. Howard Weil cut shares of Union Pacific Corp. to a “sector perform” rating in a report on Tuesday, June 21st. Oppenheimer Holdings Inc. began coverage on shares of Union Pacific Corp. in a report on Wednesday, June 15th. They issued a “market perform” rating for the company. Finally, Morgan Stanley set a $100.00 price target on shares of Union Pacific Corp. and gave the company a “buy” rating in a report on Thursday, August 18th. Three research analysts have rated the stock with a sell rating, ten have given a hold rating and thirteen have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $96.12.
The stock has a market cap of $79.88 billion, a PE ratio of 18.67 and a beta of 0.84. The stock has a 50 day moving average price of $95.36 and a 200 day moving average price of $89.25.
Union Pacific Corp. (NYSE:UNP) last released its earnings results on Thursday, July 21st. The railroad operator reported $1.17 EPS for the quarter, hitting the Zacks’ consensus estimate of $1.17. The company had revenue of $4.77 billion for the quarter, compared to analysts’ expectations of $4.80 billion. Union Pacific Corp. had a return on equity of 21.29% and a net margin of 21.48%. The business’s revenue for the quarter was down 12.1% compared to the same quarter last year. During the same period in the previous year, the business posted $1.38 EPS. Analysts predict that Union Pacific Corp. will post $5.04 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Friday, September 30th. Stockholders of record on Wednesday, August 31st were paid a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.29%. The ex-dividend date of this dividend was Monday, August 29th. Union Pacific Corp.’s payout ratio is 42.80%.
Several large investors have recently added to or reduced their stakes in UNP. West Oak Capital LLC boosted its stake in Union Pacific Corp. by 6.2% in the third quarter. West Oak Capital LLC now owns 1,094 shares of the railroad operator’s stock worth $107,000 after buying an additional 64 shares during the last quarter. Lenox Wealth Advisors Inc. boosted its stake in Union Pacific Corp. by 4.9% in the third quarter. Lenox Wealth Advisors Inc. now owns 1,167 shares of the railroad operator’s stock worth $114,000 after buying an additional 55 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in Union Pacific Corp. during the second quarter worth approximately $108,000. Tradewinds Capital Management LLC boosted its stake in Union Pacific Corp. by 22.4% in the second quarter. Tradewinds Capital Management LLC now owns 1,364 shares of the railroad operator’s stock worth $119,000 after buying an additional 250 shares during the last quarter. Finally, Community Bank N.A. boosted its stake in Union Pacific Corp. by 41.9% in the second quarter. Community Bank N.A. now owns 1,422 shares of the railroad operator’s stock worth $124,000 after buying an additional 420 shares during the last quarter. Institutional investors own 78.14% of the company’s stock.
Union Pacific Corp. Company Profile
Union Pacific Corporation operates through its principal operating company, Union Pacific Railroad Company. Union Pacific Railroad Company links approximately 20 states in the western two-thirds of the country by rail, providing link in the supply chain. The Company’s business mix includes agricultural products, automotive, chemicals, coal, industrial products and intermodal.
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