Kenyatta G. Rocker Sells 8,700 Shares of Union Pacific Co. (NYSE:UNP) Stock

Union Pacific Co. (NYSE:UNP) EVP Kenyatta G. Rocker sold 8,700 shares of the company’s stock in a transaction on Wednesday, August 23rd. The stock was sold at an average price of $222.43, for a total transaction of $1,935,141.00. Following the completion of the transaction, the executive vice president now owns 42,061 shares of the company’s stock, valued at $9,355,628.23. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Union Pacific Stock Up 0.7 %

UNP stock opened at $224.18 on Friday. Union Pacific Co. has a 1-year low of $183.69 and a 1-year high of $240.48. The business has a fifty day moving average price of $216.89 and a 200-day moving average price of $204.89. The company has a debt-to-equity ratio of 2.39, a current ratio of 0.71 and a quick ratio of 0.57. The stock has a market capitalization of $136.63 billion, a P/E ratio of 20.45, a P/E/G ratio of 2.13 and a beta of 1.11.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Wednesday, July 26th. The railroad operator reported $2.57 earnings per share for the quarter, missing the consensus estimate of $2.75 by ($0.18). Union Pacific had a return on equity of 55.03% and a net margin of 27.18%. The business had revenue of $5.96 billion during the quarter, compared to analysts’ expectations of $6.09 billion. During the same quarter in the prior year, the firm earned $2.93 EPS. The firm’s revenue for the quarter was down 4.9% compared to the same quarter last year. Equities analysts forecast that Union Pacific Co. will post 10.5 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Thursday, August 31st will be given a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a yield of 2.32%. The ex-dividend date of this dividend is Wednesday, August 30th. Union Pacific’s dividend payout ratio (DPR) is presently 47.45%.

Wall Street Analyst Weigh In

Several research firms have issued reports on UNP. Stephens upped their price target on shares of Union Pacific from $232.00 to $257.00 and gave the company an “overweight” rating in a research report on Thursday, July 27th. Morgan Stanley cut their price target on shares of Union Pacific from $171.00 to $168.00 in a research report on Thursday, July 6th. Raymond James upped their price target on shares of Union Pacific from $230.00 to $270.00 and gave the company a “strong-buy” rating in a research report on Thursday, July 27th. Susquehanna upped their price target on shares of Union Pacific from $230.00 to $240.00 in a research report on Thursday, July 27th. Finally, Wells Fargo & Company upped their price target on shares of Union Pacific from $200.00 to $245.00 in a research report on Thursday, July 27th. Thirteen research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Union Pacific presently has a consensus rating of “Moderate Buy” and an average target price of $233.97.

Institutional Trading of Union Pacific

Hedge funds have recently bought and sold shares of the company. Koesten Hirschmann & Crabtree INC. purchased a new stake in Union Pacific during the fourth quarter valued at $25,000. NewSquare Capital LLC increased its position in Union Pacific by 116.7% during the first quarter. NewSquare Capital LLC now owns 130 shares of the railroad operator’s stock valued at $26,000 after acquiring an additional 70 shares during the last quarter. Tucker Asset Management LLC purchased a new stake in Union Pacific during the first quarter valued at $26,000. Meitav Investment House Ltd. purchased a new stake in Union Pacific in the second quarter worth about $27,000. Finally, Miller Wealth Advisors LLC increased its position in Union Pacific by 108.3% in the first quarter. Miller Wealth Advisors LLC now owns 125 shares of the railroad operator’s stock worth $30,000 after buying an additional 65 shares in the last quarter. Hedge funds and other institutional investors own 84.04% 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, and other agricultural users; petroleum, and liquid petroleum gases; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.