ValuEngine Lowers Union Pacific (NYSE:UNP) to Hold

ValuEngine cut shares of Union Pacific (NYSE:UNP) from a buy rating to a hold rating in a report issued on Thursday morning, ValuEngine reports.

UNP has been the subject of a number of other reports. Raymond James reiterated a buy rating on shares of West Fraser Timber in a report on Monday, April 22nd. Zacks Investment Research upgraded Jack Henry & Associates from a sell rating to a hold rating in a research note on Wednesday, March 27th. Goldman Sachs Group lowered EXPERIAN PLC/ADR from a buy rating to a neutral rating in a research note on Wednesday, July 10th. Morgan Stanley set a $36.00 target price on ArcBest and gave the company a hold rating in a research note on Monday, July 8th. Finally, Cascend Securities lowered Union Pacific from a buy rating to a hold rating in a research note on Wednesday, July 17th. One analyst has rated the stock with a sell rating, ten have issued a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the stock. Union Pacific currently has an average rating of Buy and an average price target of $178.90.

Shares of UNP stock opened at $175.30 on Thursday. Union Pacific has a 12 month low of $128.08 and a 12 month high of $180.02. The firm has a market capitalization of $124.08 billion, a price-to-earnings ratio of 22.16, a PEG ratio of 1.97 and a beta of 1.04. The stock’s 50 day simple moving average is $169.67. The company has a current ratio of 0.72, a quick ratio of 0.60 and a debt-to-equity ratio of 1.26.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, July 18th. The railroad operator reported $2.22 EPS for the quarter, topping analysts’ consensus estimates of $2.12 by $0.10. Union Pacific had a return on equity of 31.74% and a net margin of 26.95%. The company had revenue of $5.60 billion during the quarter, compared to analyst estimates of $5.62 billion. During the same period in the previous year, the company earned $1.98 earnings per share. The company’s quarterly revenue was down 1.3% compared to the same quarter last year. On average, equities analysts expect that Union Pacific will post 8.88 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, May 31st were paid a $0.88 dividend. The ex-dividend date of this dividend was Thursday, May 30th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 2.01%. Union Pacific’s payout ratio is 44.50%.

In related news, Director William J. Delaney III purchased 5,000 shares of the stock in a transaction on Monday, May 20th. The shares were purchased at an average cost of $174.06 per share, for a total transaction of $870,300.00. Following the completion of the transaction, the director now directly owns 5,000 shares of the company’s stock, valued at approximately $870,300. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Robert M. Knight, Jr. sold 1,380 shares of the company’s stock in a transaction on Friday, May 3rd. The shares were sold at an average price of $180.01, for a total value of $248,413.80. Following the completion of the sale, the executive vice president now owns 94,943 shares in the company, valued at $17,090,689.43. The disclosure for this sale can be found here. Corporate insiders own 9.96% of the company’s stock.

Large investors have recently made changes to their positions in the business. Naples Global Advisors LLC grew its holdings in shares of Union Pacific by 1.1% during the first quarter. Naples Global Advisors LLC now owns 5,734 shares of the railroad operator’s stock worth $959,000 after purchasing an additional 60 shares during the last quarter. Community Bank & Trust Waco Texas grew its holdings in shares of Union Pacific by 0.3% during the second quarter. Community Bank & Trust Waco Texas now owns 22,618 shares of the railroad operator’s stock worth $3,825,000 after purchasing an additional 60 shares during the last quarter. YorkBridge Wealth Partners LLC grew its holdings in shares of Union Pacific by 2.3% during the second quarter. YorkBridge Wealth Partners LLC now owns 2,614 shares of the railroad operator’s stock worth $442,000 after purchasing an additional 60 shares during the last quarter. Obermeyer Wood Investment Counsel Lllp grew its holdings in shares of Union Pacific by 1.7% during the fourth quarter. Obermeyer Wood Investment Counsel Lllp now owns 3,729 shares of the railroad operator’s stock worth $515,000 after purchasing an additional 61 shares during the last quarter. Finally, Weatherstone Capital Management grew its holdings in shares of Union Pacific by 3.1% during the first quarter. Weatherstone Capital Management now owns 2,172 shares of the railroad operator’s stock worth $363,000 after purchasing an additional 66 shares during the last quarter. Hedge funds and other institutional investors own 78.95% of the company’s stock.

Union Pacific Company Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages in the railroad business in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, fertilizers, and food and beverage products; coal and sand, as well as petroleum, liquid petroleum gases, and renewables; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, and soda ash, as well as intermodal and finished vehicles.

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Analyst Recommendations for Union Pacific (NYSE:UNP)

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