Union Pacific (NYSE:UNP) Price Target Raised to $277.00

Union Pacific (NYSE:UNP) had its target price increased by BMO Capital Markets from $275.00 to $277.00 in a research report released on Friday morning,Benzinga reports. The brokerage currently has an outperform rating on the railroad operator’s stock.

Other analysts have also recently issued research reports about the company. Raymond James lifted their price objective on Union Pacific from $260.00 to $265.00 and gave the company a “strong-buy” rating in a research report on Friday, January 10th. TD Cowen boosted their target price on shares of Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a research report on Friday. Wells Fargo & Company lowered their target price on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 7th. JPMorgan Chase & Co. decreased their price target on Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Finally, StockNews.com downgraded Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Nine equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $262.57.

Union Pacific Price Performance

Shares of UNP opened at $248.94 on Friday. The business’s 50-day moving average is $233.78 and its 200-day moving average is $239.22. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. The company has a market capitalization of $150.92 billion, a price-to-earnings ratio of 22.86, a P/E/G ratio of 2.12 and a beta of 1.06. Union Pacific has a fifty-two week low of $218.55 and a fifty-two week high of $258.66.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, beating the consensus estimate 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 last year, the firm posted $2.71 EPS. Equities research analysts expect that Union Pacific will post 10.96 EPS for the current fiscal year.

Union Pacific Announces Dividend

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

Institutional Investors Weigh In On Union Pacific

A number of institutional investors have recently bought and sold shares of UNP. Strategic Investment Solutions Inc. IL bought a new position in shares of Union Pacific during the 2nd quarter worth about $28,000. Synergy Asset Management LLC bought a new position in Union Pacific during the fourth quarter worth about $29,000. Catalyst Capital Advisors LLC acquired a new stake in Union Pacific during the third quarter valued at approximately $30,000. Jamison Private Wealth Management Inc. grew its stake in shares of Union Pacific by 265.7% in the 3rd quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after purchasing an additional 93 shares during the period. Finally, Peterson Financial Group Inc. acquired a new position in shares of Union Pacific in the 3rd quarter worth approximately $32,000. Institutional investors and hedge funds 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.