Union Pacific (NYSE:UNP) Price Target Raised to $210.00

Union Pacific (NYSE:UNP) had its price target lifted by Morgan Stanley from $198.00 to $210.00 in a research note released on Friday, Benzinga reports. They currently have an equal weight rating on the railroad operator’s stock.

Other equities analysts have also recently issued reports about the company. Jefferies Financial Group began coverage on Union Pacific in a research note on Monday, April 8th. They set a hold rating and a $250.00 target price on the stock. JPMorgan Chase & Co. raised their price objective on shares of Union Pacific from $237.00 to $243.00 and gave the stock a neutral rating in a report on Tuesday, April 9th. BMO Capital Markets upped their target price on Union Pacific from $270.00 to $275.00 and gave the stock an outperform rating in a report on Friday, January 26th. The Goldman Sachs Group raised their target price on Union Pacific from $248.00 to $274.00 and gave the company a buy rating in a research note on Thursday, April 11th. Finally, Evercore ISI lifted their price target on Union Pacific from $271.00 to $273.00 and gave the company an outperform rating in a research report on Friday. Seven equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of Moderate Buy and an average price target of $258.78.

Union Pacific Trading Down 0.3 %

Shares of Union Pacific stock opened at $242.84 on Friday. The company has a 50 day simple moving average of $244.27 and a two-hundred day simple moving average of $234.95. Union Pacific has a 1 year low of $190.45 and a 1 year high of $258.66. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.93 and a quick ratio of 0.67. The firm has a market cap of $148.16 billion, a PE ratio of 23.17, a PEG ratio of 2.63 and a beta of 1.07.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, April 25th. The railroad operator reported $2.69 earnings per share for the quarter, beating analysts’ consensus estimates of $2.50 by $0.19. Union Pacific had a return on equity of 44.34% and a net margin of 26.52%. The company had revenue of $6.03 billion during the quarter, compared to analyst estimates of $5.97 billion. During the same quarter in the previous year, the company posted $2.67 EPS. Union Pacific’s revenue for the quarter was down .4% on a year-over-year basis. Analysts expect that Union Pacific will post 11.01 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Thursday, February 29th were paid a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a yield of 2.14%. The ex-dividend date was Wednesday, February 28th. Union Pacific’s dividend payout ratio is currently 49.62%.

Insider Transactions at Union Pacific

In related news, President Elizabeth F. Whited sold 3,750 shares of the stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $250.00, for a total transaction of $937,500.00. Following the transaction, the president now owns 56,682 shares in the company, valued at $14,170,500. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.28% of the company’s stock.

Institutional Trading of Union Pacific

Several large investors have recently added to or reduced their stakes in UNP. Riverwater Partners LLC lifted its position in Union Pacific by 16.9% during the first quarter. Riverwater Partners LLC now owns 1,997 shares of the railroad operator’s stock valued at $491,000 after purchasing an additional 288 shares in the last quarter. James Hambro & Partners boosted its stake in shares of Union Pacific by 3.7% in the first quarter. James Hambro & Partners now owns 319,598 shares of the railroad operator’s stock worth $78,565,000 after acquiring an additional 11,387 shares during the period. Phoenix Wealth Advisors grew its position in shares of Union Pacific by 1.4% during the first quarter. Phoenix Wealth Advisors now owns 11,968 shares of the railroad operator’s stock worth $2,943,000 after purchasing an additional 160 shares in the last quarter. NORTHSTAR ASSET MANAGEMENT Co LLC raised its stake in Union Pacific by 0.4% during the 1st quarter. NORTHSTAR ASSET MANAGEMENT Co LLC now owns 13,688 shares of the railroad operator’s stock valued at $3,366,000 after purchasing an additional 60 shares during the period. Finally, Conning Inc. lifted its holdings in Union Pacific by 4.0% in the 1st quarter. Conning Inc. now owns 151,396 shares of the railroad operator’s stock worth $37,162,000 after purchasing an additional 5,885 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors.

Union Pacific Company Profile

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.