Investors Sell Shares of Union Pacific Corp. (UNP) on Strength (UNP)
Traders sold shares of Union Pacific Corp. (NYSE:UNP) on strength during trading hours on Thursday. $44.68 million flowed into the stock on the tick-up and $82.39 million flowed out of the stock on the tick-down, for a money net flow of $37.71 million out of the stock. Of all companies tracked, Union Pacific Corp. had the 0th highest net out-flow for the day. Union Pacific Corp. traded up $1.45 for the day and closed at $93.08
UNP has been the subject of a number of analyst reports. Royal Bank Of Canada restated a “buy” rating on shares of Union Pacific Corp. in a research report on Saturday, April 23rd. Vetr upgraded Union Pacific Corp. from a “hold” rating to a “buy” rating and set a $95.69 price target for the company in a research report on Monday, April 25th. Citigroup Inc. upped their price target on Union Pacific Corp. from $83.00 to $95.00 and gave the company a “buy” rating in a research report on Friday, April 22nd. Deutsche Bank AG restated a “buy” rating on shares of Union Pacific Corp. in a research report on Tuesday, April 12th. Finally, Argus restated a “buy” rating and issued a $100.00 price target on shares of Union Pacific Corp. in a research report on Monday. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and thirteen have given a buy rating to the company. Union Pacific Corp. currently has an average rating of “Hold” and a consensus price target of $92.08.
The firm has a market cap of $77.53 billion and a PE ratio of 18.12. The company’s 50-day moving average is $89.65 and its 200-day moving average is $82.67.
Union Pacific Corp. (NYSE:UNP) last released its earnings results on Thursday, July 21st. The railroad operator reported $1.17 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.17. During the same period in the previous year, the firm posted $1.38 earnings per share. The firm earned $4.77 billion during the quarter, compared to analysts’ expectations of $4.80 billion. The firm’s revenue was down 12.1% on a year-over-year basis. On average, equities research analysts expect that Union Pacific Corp. will post $5.05 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, September 30th. Shareholders of record on Wednesday, August 31st will be issued a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.36%.
In other Union Pacific Corp. news, EVP Diane K. Duren sold 2,500 shares of Union Pacific Corp. stock in a transaction on Friday, June 3rd. The shares were sold at an average price of $85.46, for a total value of $213,650.00. Following the transaction, the executive vice president now owns 131,541 shares in the company, valued at approximately $11,241,493.86. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Several institutional investors recently made changes to their positions in the stock. Marco Investment Management LLC raised its position in shares of Union Pacific Corp. by 199.1% in the fourth quarter. Marco Investment Management LLC now owns 40,647 shares of the railroad operator’s stock worth $3,179,000 after buying an additional 27,056 shares during the period. Morningstar Investment Services LLC raised its position in shares of Union Pacific Corp. by 15.4% in the fourth quarter. Morningstar Investment Services LLC now owns 174,415 shares of the railroad operator’s stock worth $13,639,000 after buying an additional 23,323 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Union Pacific Corp. by 31.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 6,849,725 shares of the railroad operator’s stock worth $535,661,000 after buying an additional 1,642,520 shares during the period. Opus Investment Management Inc. bought a new position in shares of Union Pacific Corp. during the fourth quarter worth $3,613,000. Finally, Stephens Inc. AR raised its position in shares of Union Pacific Corp. by 46.0% in the fourth quarter. Stephens Inc. AR now owns 19,745 shares of the railroad operator’s stock worth $1,544,000 after buying an additional 6,217 shares during the period.
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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