Investors Sell Union Pacific Corp. (UNP) on Strength (UNP)
Traders sold shares of Union Pacific Corp. (NYSE:UNP) on strength during trading hours on Friday. $58.99 million flowed into the stock on the tick-up and $85.21 million flowed out of the stock on the tick-down, for a money net flow of $26.22 million out of the stock. Of all stocks tracked, Union Pacific Corp. had the 0th highest net out-flow for the day. Union Pacific Corp. traded up $1.92 for the day and closed at $92.85
Several research analysts have weighed in on UNP shares. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Union Pacific Corp. in a research report on Saturday, April 23rd. Vetr raised Union Pacific Corp. from a “hold” rating to a “buy” rating and set a $95.69 price target on the stock in a research report on Monday, April 25th. Citigroup Inc. boosted their price target on Union Pacific Corp. from $83.00 to $95.00 and gave the stock a “buy” rating in a research report on Friday, April 22nd. Deutsche Bank AG reaffirmed a “buy” rating on shares of Union Pacific Corp. in a research report on Tuesday, April 12th. Finally, Barclays PLC reaffirmed an “equal weight” rating and set a $81.00 price target (down previously from $85.00) on shares of Union Pacific Corp. in a research report on Monday, April 11th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and fourteen have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $92.21.
The firm has a market capitalization of $77.34 billion and a price-to-earnings ratio of 18.08. The firm has a 50 day moving average of $89.08 and a 200 day moving average of $82.17.
Union Pacific Corp. (NYSE:UNP) last issued its quarterly earnings results on Thursday, July 21st. The railroad operator reported $1.17 EPS for the quarter, hitting the Zacks’ consensus estimate of $1.17. The business had revenue of $4.77 billion for the quarter, compared to the consensus estimate of $4.80 billion. The business’s revenue was down 12.1% compared to the same quarter last year. During the same quarter last year, the business posted $1.38 earnings per share. Analysts predict that Union Pacific Corp. will post $5.05 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which was paid on Thursday, June 30th. Investors of record on Tuesday, May 31st were issued a dividend of $0.55 per share. The ex-dividend date was Thursday, May 26th. This represents a $2.20 dividend on an annualized basis and a yield of 2.37%.
In related news, EVP Diane K. Duren sold 2,500 shares of Union Pacific Corp. stock in a transaction on Friday, June 3rd. The stock was sold at an average price of $85.46, for a total transaction of $213,650.00. Following the sale, the executive vice president now directly owns 131,541 shares in the company, valued at $11,241,493.86. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
A number of hedge funds have modified their holdings of UNP. First Trust Advisors LP raised its stake in shares of Union Pacific Corp. by 27.1% in the fourth quarter. First Trust Advisors LP now owns 99,848 shares of the railroad operator’s stock worth $7,808,000 after buying an additional 21,308 shares during the period. Bollard Group LLC increased its stake in Union Pacific Corp. by 0.4% in the fourth quarter. Bollard Group LLC now owns 16,066 shares of the railroad operator’s stock worth $1,256,000 after buying an additional 71 shares in the last quarter. MetLife Securities Inc increased its stake in Union Pacific Corp. by 85.3% in the fourth quarter. MetLife Securities Inc now owns 20,335 shares of the railroad operator’s stock worth $1,590,000 after buying an additional 9,360 shares in the last quarter. Kornitzer Capital Management Inc. KS increased its stake in Union Pacific Corp. by 65.5% in the fourth quarter. Kornitzer Capital Management Inc. KS now owns 135,124 shares of the railroad operator’s stock worth $10,567,000 after buying an additional 53,464 shares in the last quarter. Finally, Whitnell & Co. increased its stake in Union Pacific Corp. by 1.9% in the fourth quarter. Whitnell & Co. now owns 33,116 shares of the railroad operator’s stock worth $2,590,000 after buying an additional 604 shares in the last quarter.
Union Pacific Corporation operates through its principal operating company, Union Pacific Railroad Company. Union Pacific Railroad Company links approximately 20 states in the western two-thirds of the country by rail, providing link in the supply chain. The Company’s business mix includes agricultural products, automotive, chemicals, coal, industrial products and intermodal.
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