Robert W. Baird reiterated their hold rating on shares of Union Pacific (NYSE:UNP) in a report issued on Tuesday morning. The firm currently has a $148.00 target price on the railroad operator’s stock.
Several other equities research analysts have also recently weighed in on UNP. Barclays reiterated a buy rating and set a $150.00 price objective on shares of Union Pacific in a research report on Wednesday, December 13th. Wolfe Research upgraded shares of Union Pacific from a market perform rating to an outperform rating in a research report on Friday, January 5th. UBS upgraded shares of Union Pacific from a neutral rating to a buy rating in a research report on Friday, January 5th. Zacks Investment Research cut shares of Union Pacific from a hold rating to a sell rating in a research report on Saturday, January 6th. Finally, BMO Capital Markets reiterated a buy rating and set a $150.00 price objective on shares of Union Pacific in a research report on Monday, January 8th. Three investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and eleven have assigned a buy rating to the company. Union Pacific has a consensus rating of Hold and an average target price of $137.70.
Shares of NYSE UNP opened at $134.32 on Tuesday. The company has a quick ratio of 0.83, a current ratio of 1.02 and a debt-to-equity ratio of 0.65. Union Pacific has a 52-week low of $101.06 and a 52-week high of $143.05. The company has a market capitalization of $102,244.81, a price-to-earnings ratio of 23.20, a price-to-earnings-growth ratio of 1.63 and a beta of 0.79.
The business also recently announced a quarterly dividend, which was paid on Friday, March 30th. Investors of record on Wednesday, February 28th were paid a dividend of $0.73 per share. The ex-dividend date was Tuesday, February 27th. This is a positive change from Union Pacific’s previous quarterly dividend of $0.67. This represents a $2.92 annualized dividend and a yield of 2.17%. Union Pacific’s dividend payout ratio is currently 50.43%.
In other Union Pacific news, CFO Robert M. Knight, Jr. sold 25,000 shares of the firm’s stock in a transaction on Tuesday, March 20th. The shares were sold at an average price of $137.39, for a total value of $3,434,750.00. Following the transaction, the chief financial officer now directly owns 106,518 shares of the company’s stock, valued at $14,634,508.02. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Elizabeth F. Whited sold 15,576 shares of the firm’s stock in a transaction on Tuesday, April 3rd. The shares were sold at an average price of $133.79, for a total transaction of $2,083,913.04. Following the completion of the transaction, the executive vice president now directly owns 65,613 shares in the company, valued at $8,778,363.27. The disclosure for this sale can be found here. 0.20% of the stock is owned by corporate insiders.
Institutional investors have recently added to or reduced their stakes in the business. Acropolis Investment Management LLC bought a new position in shares of Union Pacific in the fourth quarter valued at $107,000. Icon Wealth Partners LLC bought a new position in shares of Union Pacific in the fourth quarter valued at $119,000. Exane Derivatives lifted its stake in shares of Union Pacific by 55,600.0% in the fourth quarter. Exane Derivatives now owns 1,114 shares of the railroad operator’s stock valued at $149,000 after buying an additional 1,112 shares in the last quarter. Certified Advisory Corp bought a new position in shares of Union Pacific during the fourth quarter valued at about $175,000. Finally, Aevitas Wealth Management Inc. bought a new position in shares of Union Pacific during the fourth quarter valued at about $185,000. 79.95% 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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