Union Pacific (NYSE:UNP) Stock Price Expected to Rise, Robert W. Baird Analyst Says

Union Pacific (NYSE:UNP) had its target price increased by Robert W. Baird from $260.00 to $265.00 in a research note released on Friday,Benzinga reports. They currently have an outperform rating on the railroad operator’s stock.

Several other equities research analysts have also recently issued reports on UNP. Benchmark reiterated a “buy” rating and issued a $266.00 price objective on shares of Union Pacific in a report on Friday, October 25th. TD Cowen boosted their target price on Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a report on Friday. Citigroup boosted their target price on Union Pacific from $255.00 to $267.00 and gave the stock a “neutral” rating in a report on Tuesday, November 12th. Sanford C. Bernstein lowered their target price on Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a report on Wednesday, October 9th. Finally, Royal Bank of Canada lowered their target price on Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. Eight research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $263.30.

Union Pacific Trading Up 0.4 %

UNP stock opened at $248.94 on Friday. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. Union Pacific has a 12-month low of $218.55 and a 12-month high of $258.66. The stock has a market cap of $150.92 billion, a price-to-earnings ratio of 22.86, a PEG ratio of 2.12 and a beta of 1.06. The business’s 50-day moving average is $234.05 and its 200 day moving average is $239.52.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.76 by $0.15. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. During the same period in the previous year, the business posted $2.71 EPS. On average, sell-side analysts anticipate that Union Pacific will post 10.96 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were given a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a yield of 2.15%. The ex-dividend date was Monday, December 9th. Union Pacific’s payout ratio is 49.22%.

Institutional Trading of Union Pacific

A number of institutional investors and hedge funds have recently added to or reduced their stakes in UNP. Strategic Investment Solutions Inc. IL purchased a new stake in Union Pacific in the second quarter valued at approximately $28,000. Synergy Asset Management LLC purchased a new stake in Union Pacific in the fourth quarter valued at approximately $29,000. Catalyst Capital Advisors LLC purchased a new stake in Union Pacific in the third quarter valued at approximately $30,000. Jamison Private Wealth Management Inc. raised its position in Union Pacific by 265.7% in the third 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. purchased a new stake in shares of Union Pacific during the third quarter worth $32,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

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.