Union Pacific (NYSE:UNP) PT Lowered to $280.00 at Barclays

Union Pacific (NYSE:UNP) had its price objective cut by Barclays from $290.00 to $280.00 in a report issued on Friday morning, Benzinga reports. They currently have an overweight rating on the railroad operator’s stock.

UNP has been the subject of a number of other research reports. Morgan Stanley lifted their price objective on Union Pacific from $198.00 to $210.00 and gave the company an equal weight rating in a research note on Friday, April 26th. Susquehanna reduced their price target on Union Pacific from $270.00 to $250.00 and set a neutral rating for the company in a research report on Tuesday, June 25th. The Goldman Sachs Group boosted their price target on Union Pacific from $248.00 to $274.00 and gave the company a buy rating in a report on Thursday, April 11th. Wells Fargo & Company began coverage on shares of Union Pacific in a research note on Friday, June 7th. They set an overweight rating and a $270.00 price objective on the stock. Finally, Royal Bank of Canada decreased their target price on shares of Union Pacific from $281.00 to $275.00 and set an outperform rating for the company in a research note on Friday. Seven equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of Moderate Buy and an average price target of $258.79.

Union Pacific Stock Performance

NYSE UNP opened at $242.15 on Friday. Union Pacific has a fifty-two week low of $199.33 and a fifty-two week high of $258.66. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.86 and a current ratio of 1.05. The business’s 50 day moving average price is $229.87 and its 200-day moving average price is $239.04. The company has a market cap of $147.52 billion, a P/E ratio of 23.11, a P/E/G ratio of 2.13 and a beta of 1.07.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, July 25th. The railroad operator reported $2.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.71 by $0.03. The firm had revenue of $6.01 billion for the quarter, compared to the consensus estimate of $6.05 billion. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The company’s quarterly revenue was up .7% on a year-over-year basis. During the same period last year, the firm earned $2.57 earnings per share. Sell-side analysts predict that Union Pacific will post 11.11 earnings per share for the current year.

Union Pacific Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, August 30th will be paid a $1.34 dividend. The ex-dividend date of this dividend is Friday, August 30th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.21%. This is an increase from Union Pacific’s previous quarterly dividend of $1.30. Union Pacific’s dividend payout ratio is 49.62%.

Institutional Trading of Union Pacific

A number of institutional investors have recently made changes to their positions in UNP. Desjardins Global Asset Management Inc. increased its stake in shares of Union Pacific by 1.4% during the fourth quarter. Desjardins Global Asset Management Inc. now owns 3,000 shares of the railroad operator’s stock worth $737,000 after purchasing an additional 41 shares during the period. Twin Capital Management Inc. boosted its stake in shares of Union Pacific by 3.0% during the fourth quarter. Twin Capital Management Inc. now owns 1,394 shares of the railroad operator’s stock valued at $342,000 after purchasing an additional 41 shares in the last quarter. Forum Financial Management LP increased its position in Union Pacific by 0.6% in the 1st quarter. Forum Financial Management LP now owns 7,037 shares of the railroad operator’s stock valued at $1,731,000 after acquiring an additional 41 shares during the period. Mission Wealth Management LP increased its stake in shares of Union Pacific by 0.5% in the fourth quarter. Mission Wealth Management LP now owns 7,838 shares of the railroad operator’s stock valued at $1,925,000 after buying an additional 42 shares during the period. Finally, Berkeley Capital Partners LLC increased its holdings in Union Pacific by 1.0% in the fourth quarter. Berkeley Capital Partners LLC now owns 4,100 shares of the railroad operator’s stock worth $1,007,000 after purchasing an additional 42 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

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.