Union Pacific (NYSE:UNP) Price Target Cut to $255.00 by Analysts at Stephens

Union Pacific (NYSE:UNP) had its target price cut by Stephens from $275.00 to $255.00 in a research report sent to investors on Monday,Benzinga reports. They currently have an overweight rating on the railroad operator’s stock.

Other equities analysts have also recently issued research reports about the company. UBS Group reduced their price target on Union Pacific from $255.00 to $245.00 and set a “neutral” rating for the company in a report on Wednesday, April 2nd. Wells Fargo & Company dropped their price target on Union Pacific from $265.00 to $260.00 and set an “overweight” rating for the company in a research report on Thursday, March 27th. TD Cowen boosted their price objective on shares of Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a report on Friday, January 24th. Guggenheim upped their target price on shares of Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Finally, Redburn Atlantic raised shares of Union Pacific from a “neutral” rating to a “buy” rating and set a $259.00 target price on the stock in a research report on Wednesday, April 16th. One research analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Union Pacific currently has an average rating of “Moderate Buy” and a consensus price target of $257.86.

Union Pacific Stock Down 0.4 %

Union Pacific stock opened at $212.53 on Monday. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77. The business’s 50-day simple moving average is $230.98 and its two-hundred day simple moving average is $235.43. The company has a market cap of $127.37 billion, a PE ratio of 19.16, a PEG ratio of 2.15 and a beta of 1.06. Union Pacific has a fifty-two week low of $204.66 and a fifty-two week high of $258.07.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, April 24th. The railroad operator reported $2.70 EPS for the quarter, missing analysts’ consensus estimates of $2.73 by ($0.03). Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. The company had revenue of $6.03 billion during the quarter, compared to analysts’ expectations of $6.11 billion. During the same quarter in the previous year, the company earned $2.69 EPS. The firm’s quarterly revenue was down .1% compared to the same quarter last year. Equities analysts anticipate that Union Pacific will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, February 28th were paid a $1.34 dividend. The ex-dividend date was Friday, February 28th. This represents a $5.36 annualized dividend and a yield of 2.52%. Union Pacific’s dividend payout ratio is currently 48.29%.

Hedge Funds Weigh In On Union Pacific

A number of hedge funds have recently modified their holdings of the business. Geode Capital Management LLC lifted its holdings in shares of Union Pacific by 12.6% during the fourth quarter. Geode Capital Management LLC now owns 14,430,581 shares of the railroad operator’s stock worth $3,282,305,000 after purchasing an additional 1,616,895 shares during the period. Capital Research Global Investors grew its stake in shares of Union Pacific by 14.3% during the 4th quarter. Capital Research Global Investors now owns 10,395,364 shares of the railroad operator’s stock worth $2,370,559,000 after purchasing an additional 1,298,178 shares during the period. Norges Bank acquired a new position in Union Pacific during the fourth quarter worth about $1,927,377,000. Franklin Resources Inc. grew its position in Union Pacific by 5.0% during the fourth quarter. Franklin Resources Inc. now owns 7,686,387 shares of the railroad operator’s stock worth $1,752,804,000 after buying an additional 363,937 shares during the period. Finally, Northern Trust Corp grew its position in Union Pacific by 15.2% during the fourth quarter. Northern Trust Corp now owns 6,962,650 shares of the railroad operator’s stock worth $1,587,763,000 after buying an additional 920,414 shares during the period. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

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.