Union Pacific (NYSE:UNP) Price Target Raised to $275.00

Union Pacific (NYSE:UNP) had its target price boosted by Benchmark from $266.00 to $275.00 in a report published on Friday morning,Benzinga reports. They currently have a buy rating on the railroad operator’s stock.

Several other research firms have also weighed in on UNP. TD Cowen lifted their price objective on Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a research report on Friday. Wells Fargo & Company cut their price target on Union Pacific from $267.00 to $265.00 and set an “overweight” rating on the stock in a report on Tuesday, January 7th. Raymond James lifted their price objective on shares of Union Pacific from $260.00 to $265.00 and gave the company a “strong-buy” rating in a research note on Friday, January 10th. Stifel Nicolaus increased their target price on shares of Union Pacific from $253.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday. Finally, Sanford C. Bernstein decreased their price target on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research note on Wednesday, October 9th. Nine analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $262.57.

Union Pacific Price Performance

Shares of UNP opened at $248.94 on Friday. The business has a 50-day moving average of $233.78 and a 200-day moving average of $239.22. Union Pacific has a 1 year low of $218.55 and a 1 year high of $258.66. The company has a market capitalization of $150.92 billion, a price-to-earnings ratio of 22.86, a price-to-earnings-growth ratio of 2.12 and a beta of 1.06. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.76 by $0.15. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. During the same period in the prior year, the company posted $2.71 EPS. As a group, equities research analysts anticipate that Union Pacific will post 10.96 earnings per share for the current year.

Union Pacific Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 9th were issued a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a yield of 2.15%. The ex-dividend date of this dividend was Monday, December 9th. Union Pacific’s dividend payout ratio (DPR) is presently 49.22%.

Institutional Investors Weigh In On Union Pacific

Several institutional investors and hedge funds have recently added to or reduced their stakes in UNP. Traveka Wealth LLC boosted its position in Union Pacific by 3.4% during the third quarter. Traveka Wealth LLC now owns 1,357 shares of the railroad operator’s stock worth $335,000 after purchasing an additional 45 shares during the period. Red Mountain Financial LLC lifted its stake in shares of Union Pacific by 2.0% during the 3rd quarter. Red Mountain Financial LLC now owns 2,276 shares of the railroad operator’s stock valued at $561,000 after buying an additional 45 shares in the last quarter. Roble Belko & Company Inc boosted its holdings in Union Pacific by 26.8% in the 4th quarter. Roble Belko & Company Inc now owns 213 shares of the railroad operator’s stock worth $49,000 after buying an additional 45 shares during the period. Pflug Koory LLC grew its stake in Union Pacific by 0.5% in the 4th quarter. Pflug Koory LLC now owns 8,569 shares of the railroad operator’s stock valued at $1,954,000 after buying an additional 45 shares in the last quarter. Finally, Baron Wealth Management LLC raised its holdings in Union Pacific by 3.3% during the 4th quarter. Baron Wealth Management LLC now owns 1,409 shares of the railroad operator’s stock valued at $321,000 after acquiring an additional 45 shares during the period. Hedge funds and other 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.