Union Pacific Co. (NYSE:UNP) Short Interest Up 20.0% in July

Union Pacific Co. (NYSE:UNP) was the target of a large growth in short interest during the month of July. As of July 31st, there was short interest totalling 5,760,000 shares, a growth of 20.0% from the June 30th total of 4,798,100 shares. Based on an average daily volume of 3,190,000 shares, the short-interest ratio is presently 1.8 days. Approximately 0.8% of the company’s shares are short sold.

In other Union Pacific news, Director William J. Delaney III purchased 5,000 shares of the stock in a transaction on Monday, May 20th. The stock was acquired at an average price of $174.06 per share, with a total value of $870,300.00. Following the transaction, the director now directly owns 5,000 shares of the company’s stock, valued at approximately $870,300. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Robert M. Knight, Jr. sold 8,620 shares of the company’s stock in a transaction that occurred on Wednesday, July 31st. The shares were sold at an average price of $180.04, for a total value of $1,551,944.80. Following the transaction, the executive vice president now directly owns 94,943 shares of the company’s stock, valued at approximately $17,093,537.72. The disclosure for this sale can be found here. Corporate insiders own 9.96% of the company’s stock.

Several institutional investors have recently bought and sold shares of the stock. Camarda Financial Advisors LLC lifted its position in Union Pacific by 673.7% in the 1st quarter. Camarda Financial Advisors LLC now owns 147 shares of the railroad operator’s stock valued at $25,000 after acquiring an additional 128 shares in the last quarter. Krane Funds Advisors LLC bought a new position in Union Pacific in the 2nd quarter valued at approximately $25,000. Squar Milner Financial Services LLC lifted its position in Union Pacific by 368.6% in the 1st quarter. Squar Milner Financial Services LLC now owns 164 shares of the railroad operator’s stock valued at $27,000 after acquiring an additional 129 shares in the last quarter. Mackey Komara & Dankovich LLC bought a new position in Union Pacific in the 1st quarter valued at approximately $29,000. Finally, Joseph P. Lucia & Associates LLC bought a new position in Union Pacific in the 1st quarter valued at approximately $30,000. Institutional investors own 79.02% of the company’s stock.



A number of research analysts have weighed in on UNP shares. Zacks Investment Research upgraded Union Pacific from a “sell” rating to a “hold” rating and set a $184.00 target price on the stock in a report on Monday, July 22nd. TD Securities upped their target price on Union Pacific from $170.00 to $180.00 and gave the stock a “hold” rating in a report on Monday, April 22nd. Goldman Sachs Group started coverage on Union Pacific in a report on Wednesday, July 10th. They set a “buy” rating and a $198.00 target price on the stock. Cowen reiterated a “buy” rating and set a $184.00 target price on shares of Union Pacific in a report on Thursday, July 18th. Finally, Raymond James set a $197.00 target price on Union Pacific and gave the stock a “buy” rating in a report on Friday, July 19th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and fourteen have given a buy rating to the stock. Union Pacific presently has a consensus rating of “Buy” and an average price target of $182.62.

Shares of Union Pacific stock traded down $3.42 during midday trading on Wednesday, hitting $165.36. The company had a trading volume of 56,138 shares, compared to its average volume of 3,612,994. The company has a quick ratio of 0.58, a current ratio of 0.72 and a debt-to-equity ratio of 1.26. The firm has a market cap of $118.37 billion, a PE ratio of 20.89, a P/E/G ratio of 1.88 and a beta of 1.04. The firm has a 50 day moving average price of $171.54. Union Pacific has a 52-week low of $128.08 and a 52-week high of $180.54.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, July 18th. The railroad operator reported $2.22 earnings per share for the quarter, topping the consensus estimate of $2.12 by $0.10. The company had revenue of $5.60 billion for the quarter, compared to the consensus estimate of $5.62 billion. Union Pacific had a return on equity of 31.74% and a net margin of 26.95%. The firm’s quarterly revenue was down 1.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.98 EPS. As a group, equities analysts expect that Union Pacific will post 8.96 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, August 30th will be paid a $0.97 dividend. The ex-dividend date of this dividend is Thursday, August 29th. This represents a $3.88 annualized dividend and a dividend yield of 2.35%. This is an increase from Union Pacific’s previous quarterly dividend of $0.88. Union Pacific’s dividend payout ratio is presently 44.50%.

About Union Pacific

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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