Investors Sell Union Pacific (UNP) on Strength (UNP)

Traders sold shares of Union Pacific Co. (NYSE:UNP) on strength during trading hours on Thursday. $64.06 million flowed into the stock on the tick-up and $111.25 million flowed out of the stock on the tick-down, for a money net flow of $47.19 million out of the stock. Of all companies tracked, Union Pacific had the 27th highest net out-flow for the day. Union Pacific traded up $1.01 for the day and closed at $163.80

Several equities research analysts recently weighed in on the company. UBS Group lifted their price target on Union Pacific from $161.00 to $185.00 and gave the company a “buy” rating in a research report on Thursday, September 20th. Credit Suisse Group lifted their price target on Union Pacific from $167.00 to $185.00 and gave the company an “outperform” rating in a research report on Thursday, September 20th. ValuEngine lowered Union Pacific from a “buy” rating to a “hold” rating in a research report on Monday, July 2nd. BMO Capital Markets lifted their price target on Union Pacific to $180.00 and gave the company an “outperform” rating in a research report on Thursday, September 20th. Finally, Loop Capital lifted their price target on Union Pacific to $153.00 and gave the company a “hold” rating in a research report on Friday, June 1st. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and thirteen have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $154.29.

The company has a debt-to-equity ratio of 1.07, a current ratio of 1.03 and a quick ratio of 0.85. The firm has a market capitalization of $120.70 billion, a P/E ratio of 28.30, a price-to-earnings-growth ratio of 1.97 and a beta of 0.81.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, July 19th. The railroad operator reported $1.98 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.94 by $0.04. Union Pacific had a return on equity of 23.63% and a net margin of 51.31%. The business had revenue of $5.67 billion for the quarter, compared to the consensus estimate of $5.65 billion. During the same period in the previous year, the company posted $1.45 earnings per share. The company’s revenue for the quarter was up 8.0% compared to the same quarter last year. equities analysts anticipate that Union Pacific Co. will post 7.76 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 28th. Shareholders of record on Friday, August 31st will be issued a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 1.95%. This is an increase from Union Pacific’s previous quarterly dividend of $0.73. The ex-dividend date of this dividend is Thursday, August 30th. Union Pacific’s payout ratio is 55.27%.

In other Union Pacific news, EVP Lynden L. Tennison sold 8,450 shares of the business’s stock in a transaction on Tuesday, August 28th. The stock was sold at an average price of $151.72, for a total value of $1,282,034.00. Following the sale, the executive vice president now directly owns 53,978 shares of the company’s stock, valued at $8,189,542.16. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Robert M. Knight, Jr. sold 20,000 shares of the business’s stock in a transaction on Monday, September 24th. The stock was sold at an average price of $163.81, for a total value of $3,276,200.00. Following the completion of the sale, the executive vice president now directly owns 106,518 shares in the company, valued at $17,448,713.58. The disclosure for this sale can be found here. Insiders own 0.20% of the company’s stock.

A number of institutional investors have recently added to or reduced their stakes in the business. Janus Henderson Group PLC raised its stake in shares of Union Pacific by 55.7% in the second quarter. Janus Henderson Group PLC now owns 5,526,282 shares of the railroad operator’s stock worth $782,980,000 after purchasing an additional 1,977,446 shares during the last quarter. OppenheimerFunds Inc. raised its stake in shares of Union Pacific by 13,209.2% in the second quarter. OppenheimerFunds Inc. now owns 1,922,773 shares of the railroad operator’s stock worth $272,420,000 after purchasing an additional 1,908,326 shares during the last quarter. Bank of Montreal Can purchased a new position in shares of Union Pacific in the second quarter worth $192,080,000. Fred Alger Management Inc. raised its stake in shares of Union Pacific by 89.6% in the second quarter. Fred Alger Management Inc. now owns 2,791,161 shares of the railroad operator’s stock worth $395,452,000 after purchasing an additional 1,319,274 shares during the last quarter. Finally, Putnam Investments LLC raised its stake in shares of Union Pacific by 44.9% in the second quarter. Putnam Investments LLC now owns 2,554,019 shares of the railroad operator’s stock worth $361,853,000 after purchasing an additional 791,990 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Company Profile (NYSE:UNP)

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, and food and beverage products; automotive, such as finished vehicles and automotive parts; and chemicals comprising industrial chemicals, plastics, fertilizers, petroleum and liquid petroleum gases, crude oil, and soda ash.

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