Union Pacific (NYSE:UNP) Given New $250.00 Price Target at Susquehanna

Union Pacific (NYSE:UNP) had its price objective decreased by Susquehanna from $270.00 to $250.00 in a research note issued to investors on Tuesday morning, Benzinga reports. Susquehanna currently has a neutral rating on the railroad operator’s stock.

Several other analysts also recently weighed in on UNP. Morgan Stanley boosted their target price on shares of Union Pacific from $198.00 to $210.00 and gave the stock an equal weight rating in a research report on Friday, April 26th. Evercore ISI boosted their target price on shares of Union Pacific from $271.00 to $273.00 and gave the stock an outperform rating in a research report on Friday, April 26th. Benchmark lifted their price objective on shares of Union Pacific from $260.00 to $266.00 and gave the company a buy rating in a research note on Wednesday, April 10th. JPMorgan Chase & Co. lifted their price objective on shares of Union Pacific from $237.00 to $243.00 and gave the company a neutral rating in a research note on Tuesday, April 9th. Finally, Loop Capital cut shares of Union Pacific from a buy rating to a hold rating and decreased their price objective for the company from $276.00 to $238.00 in a research note on Monday, June 17th. Eight analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of Moderate Buy and an average price target of $258.92.

Union Pacific Stock Down 0.1 %

Shares of Union Pacific stock opened at $223.47 on Tuesday. The firm’s 50 day moving average price is $233.55 and its 200-day moving average price is $240.40. The company has a quick ratio of 0.76, a current ratio of 0.93 and a debt-to-equity ratio of 1.99. Union Pacific has a 52-week low of $199.33 and a 52-week high of $258.66. The company has a market cap of $136.34 billion, a P/E ratio of 21.32, a PEG ratio of 1.82 and a beta of 1.05.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, April 25th. The railroad operator reported $2.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.50 by $0.19. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. The firm had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $5.97 billion. During the same quarter in the previous year, the firm earned $2.67 EPS. The company’s quarterly revenue was down .4% compared to the same quarter last year. On average, sell-side analysts predict that Union Pacific will post 11.25 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, May 31st will be issued a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.33%. The ex-dividend date is Friday, May 31st. Union Pacific’s payout ratio is 49.62%.

Institutional Investors Weigh In On Union Pacific

A number of large investors have recently modified their holdings of the business. Norges Bank purchased a new stake in shares of Union Pacific in the fourth quarter valued at about $1,832,127,000. Capital Research Global Investors lifted its position in Union Pacific by 23.1% in the fourth quarter. Capital Research Global Investors now owns 6,851,767 shares of the railroad operator’s stock valued at $1,682,931,000 after buying an additional 1,285,144 shares during the last quarter. Winslow Capital Management LLC acquired a new position in Union Pacific in the fourth quarter valued at about $293,162,000. Capital World Investors lifted its position in Union Pacific by 35.3% in the first quarter. Capital World Investors now owns 4,118,477 shares of the railroad operator’s stock valued at $1,012,857,000 after buying an additional 1,073,625 shares during the last quarter. Finally, The Manufacturers Life Insurance Company lifted its position in shares of Union Pacific by 65.5% during the third quarter. The Manufacturers Life Insurance Company now owns 2,348,496 shares of the railroad operator’s stock worth $478,224,000 after purchasing an additional 929,495 shares in the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

About Union Pacific

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.