Union Pacific Co. (NYSE:UNP)‘s stock had its “buy” rating reaffirmed by research analysts at Credit Suisse Group AG in a note issued to investors on Friday. They presently have a $123.00 target price on the railroad operator’s stock. Credit Suisse Group AG’s price objective suggests a potential upside of 18.25% from the company’s current price.
Other research analysts have also recently issued research reports about the company. Wells Fargo & Co assumed coverage on Union Pacific in a research report on Monday, March 13th. They set a “market perform” rating and a $115.00 price objective on the stock. Buckingham Research assumed coverage on Union Pacific in a research report on Wednesday, January 18th. They set a “neutral” rating and a $102.00 price objective on the stock. Stifel Nicolaus increased their price objective on Union Pacific from $98.00 to $102.00 and gave the stock a “hold” rating in a research report on Friday, January 20th. Aegis increased their price objective on Union Pacific from $115.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, January 20th. Finally, Barclays PLC upgraded Union Pacific from an “equal weight” rating to an “overweight” rating and increased their price objective for the stock from $104.00 to $122.00 in a research report on Monday, January 9th. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. Union Pacific currently has a consensus rating of “Hold” and an average price target of $104.90.
Union Pacific (NYSE:UNP) opened at 104.02 on Friday. The company has a 50 day moving average price of $107.16 and a 200-day moving average price of $101.34. The company has a market capitalization of $84.65 billion, a PE ratio of 20.52 and a beta of 0.71. Union Pacific has a 12-month low of $77.29 and a 12-month high of $111.38.
Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, January 19th. The railroad operator reported $1.39 earnings per share for the quarter, topping the consensus estimate of $1.33 by $0.06. The firm had revenue of $5.20 billion for the quarter, compared to analysts’ expectations of $5.09 billion. Union Pacific had a return on equity of 20.88% and a net margin of 21.23%. The company’s quarterly revenue was down .8% compared to the same quarter last year. During the same quarter last year, the business earned $1.31 EPS. On average, analysts anticipate that Union Pacific will post $5.62 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, March 31st. Stockholders of record on Tuesday, February 28th will be paid a dividend of $0.605 per share. This represents a $2.42 dividend on an annualized basis and a dividend yield of 2.33%. The ex-dividend date is Friday, February 24th. Union Pacific’s payout ratio is 47.64%.
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In other news, Director Andrew H. Card, Jr. sold 4,000 shares of Union Pacific stock in a transaction dated Wednesday, January 25th. The stock was sold at an average price of $109.53, for a total transaction of $438,120.00. Following the sale, the director now directly owns 22,400 shares of the company’s stock, valued at $2,453,472. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Elizabeth F. Whited sold 1,000 shares of Union Pacific stock in a transaction dated Friday, March 10th. The shares were sold at an average price of $106.89, for a total value of $106,890.00. Following the sale, the executive vice president now directly owns 50,583 shares in the company, valued at $5,406,816.87. The disclosure for this sale can be found here. Company insiders own 0.14% of the company’s stock.
Several hedge funds have recently made changes to their positions in UNP. Dodge & Cox purchased a new stake in shares of Union Pacific during the fourth quarter worth approximately $1,452,729,000. Norges Bank purchased a new stake in shares of Union Pacific during the fourth quarter worth approximately $841,976,000. The Manufacturers Life Insurance Company purchased a new stake in shares of Union Pacific during the third quarter worth approximately $324,377,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main purchased a new stake in shares of Union Pacific during the fourth quarter worth approximately $247,486,000. Finally, Viking Global Investors LP purchased a new stake in shares of Union Pacific during the fourth quarter worth approximately $217,656,000. 79.43% of the stock is currently owned by hedge funds and other institutional investors.
About Union Pacific
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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