Weekly Analysts’ Ratings Updates for Union Pacific (UNP)

Union Pacific (NYSE: UNP) has recently received a number of price target changes and ratings updates:

  • 9/26/2018 – Union Pacific had its “buy” rating reaffirmed by analysts at Barclays PLC. They now have a $180.00 price target on the stock.
  • 9/20/2018 – Union Pacific had its price target raised by analysts at BMO Capital Markets to $180.00. They now have an “outperform” rating on the stock.
  • 9/20/2018 – Union Pacific had its price target raised by analysts at Credit Suisse Group AG from $167.00 to $185.00. They now have an “outperform” rating on the stock.
  • 9/20/2018 – Union Pacific had its price target raised by analysts at UBS Group AG from $161.00 to $185.00. They now have a “buy” rating on the stock.
  • 9/19/2018 – Union Pacific was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $176.00 price target on the stock. According to Zacks, “Shares of Union Pacific have outperformed the industry and its fellow-railroad operator, CSX Corporation, in a year's time. The upbeat freight scenario is an added positive for the company as bulk of its revenues are derived from this source. Strong freight revenues are expected to boost its third-quarter results, scheduled to be released on Oct 25. Furthermore, the Zacks Consensus Estimate for current-quarter earnings moved north approximately 0.5% over the last 60 days, reflecting the positive sentiment surrounding the stock. Its efforts to reward investors through share buybacks and dividend payouts are also encouraging. The company intends to repurchase shares worth $20 billion during 2018-2020 period. Dividend payout ratio in the period is anticipated between 40% and 45%. Union Pacific’s focus on promoting safety and enhancing productivity are impressive too. However, high operating expenses and debts remain major concerns.”
  • 9/18/2018 – Union Pacific had its “hold” rating reaffirmed by analysts at Cowen Inc. They now have a $151.00 price target on the stock.
  • 9/18/2018 – Union Pacific was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 9/18/2018 – Union Pacific was given a new $185.00 price target on by analysts at Wolfe Research. They now have a “buy” rating on the stock.
  • 9/18/2018 – Union Pacific was upgraded by analysts at Loop Capital from a “hold” rating to a “buy” rating.
  • 9/7/2018 – Union Pacific had its “hold” rating reaffirmed by analysts at Deutsche Bank AG.
  • 9/4/2018 – Union Pacific was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.
  • 8/16/2018 – Union Pacific had its price target raised by analysts at Bank of America Corp from $158.00 to $166.00. They now have a “buy” rating on the stock.
  • 8/14/2018 – Union Pacific was downgraded by analysts at Deutsche Bank AG from a “buy” rating to a “hold” rating. They now have a $162.00 price target on the stock.
  • 8/8/2018 – Union Pacific was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Shares of Union Pacific have outperformed the industry and its fellow-railroad operator, CSX Corporation, in a year's time. Ushering in further good news, Union Pacific reported better-than-expected earnings per share and revenues in the second quarter of 2018. Both the metrics also improved year over year. Apart from higher freight revenues, volume growth and lower tax rates aided results. Also, the company’s efforts to reward shareholders are impressive. To this end, Union Pacific announced a dividend hike to the tune of 10% in July. Notably, this is the third dividend hike announced by the company since November 2017. However, high operating expenses and debt levels remain concerns. Additionally, adjusted operating ratio (defined as operating expenses as a percentage of revenues) declined in the second quarter mainly due to increased operating expenses. Operating expenses were up 10% in the quarter primarily due to high fuel costs.”
  • 8/2/2018 – Union Pacific was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.

Shares of NYSE UNP opened at $162.79 on Thursday. 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 company has a market cap of $120.70 billion, a PE ratio of 28.12, a price-to-earnings-growth ratio of 1.97 and a beta of 0.81. Union Pacific Co. has a 12-month low of $108.71 and a 12-month high of $165.63.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 28th. Stockholders of record on Friday, August 31st will be given a dividend of $0.80 per share. The ex-dividend date is Thursday, August 30th. This is an increase from Union Pacific’s previous quarterly dividend of $0.73. This represents a $3.20 annualized dividend and a dividend yield of 1.97%. Union Pacific’s payout ratio is currently 55.27%.

In related news, EVP Lynden L. Tennison sold 8,450 shares of the business’s stock in a transaction that occurred on Tuesday, August 28th. The stock was sold at an average price of $151.72, for a total transaction of $1,282,034.00. Following the sale, the executive vice president now owns 53,978 shares of the company’s stock, valued at $8,189,542.16. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Robert M. Knight, Jr. sold 20,000 shares of the business’s stock in a transaction that occurred 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 sale, the executive vice president now directly owns 106,518 shares in the company, valued at approximately $17,448,713.58. The disclosure for this sale can be found here. 0.20% of the stock is owned by insiders.

A number of large investors have recently made changes to their positions in UNP. Lenox Wealth Advisors LLC bought a new position in shares of Union Pacific in the second quarter valued at $105,000. Landaas & Co. WI ADV bought a new position in shares of Union Pacific in the second quarter valued at $133,000. grace capital bought a new position in shares of Union Pacific in the second quarter valued at $142,000. Exane Derivatives increased its holdings in shares of Union Pacific by 85.1% in the second quarter. Exane Derivatives now owns 1,096 shares of the railroad operator’s stock valued at $155,000 after buying an additional 504 shares in the last quarter. Finally, Brand Asset Management Group Inc. bought a new position in shares of Union Pacific in the second quarter valued at $169,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

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.

Further Reading: Dividend

Receive News & Ratings for Union Pacific Co Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Union Pacific Co and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply