Union Pacific Corporation (NYSE:UNP) – Equities researchers at Oppenheimer Holdings lifted their FY2016 earnings per share (EPS) estimates for shares of Union Pacific Corporation in a report issued on Tuesday. Oppenheimer Holdings analyst S. Schneeberger now expects that the brokerage will earn $5.00 per share for the year, up from their prior forecast of $4.98. Oppenheimer Holdings also issued estimates for Union Pacific Corporation’s Q4 2016 earnings at $1.32 EPS, FY2017 earnings at $5.50 EPS and FY2018 earnings at $6.05 EPS.

A number of other equities research analysts have also weighed in on the stock. Zacks Investment Research upgraded shares of Union Pacific Corporation from a “hold” rating to a “buy” rating and set a $109.00 price objective for the company in a report on Tuesday, October 4th. Sanford C. Bernstein reiterated an “outperform” rating and set a $110.00 price objective on shares of Union Pacific Corporation in a report on Sunday, October 23rd. Vetr lowered shares of Union Pacific Corporation from a “hold” rating to a “sell” rating and set a $89.88 price objective for the company. in a report on Wednesday, September 21st. Vertical Research initiated coverage on shares of Union Pacific Corporation in a report on Tuesday, October 11th. They set a “hold” rating for the company. Finally, Deutsche Bank AG initiated coverage on shares of Union Pacific Corporation in a report on Wednesday, November 2nd. They set a “buy” rating and a $110.00 price objective for the company. Three analysts have rated the stock with a sell rating, twelve have issued a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $97.70.

Earnings History and Estimates for Union Pacific Corporation (NYSE:UNP)

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Shares of Union Pacific Corporation (NYSE:UNP) opened at 105.25 on Thursday. The stock’s 50 day moving average is $103.68 and its 200-day moving average is $96.18. The stock has a market cap of $86.74 billion, a PE ratio of 21.09 and a beta of 0.73. Union Pacific Corporation has a 12-month low of $67.06 and a 12-month high of $106.62.

Union Pacific Corporation (NYSE:UNP) last posted its quarterly earnings results on Thursday, October 20th. The railroad operator reported $1.36 EPS for the quarter, missing the Zacks’ consensus estimate of $1.39 by $0.03. Union Pacific Corporation had a net margin of 21.05% and a return on equity of 20.55%. The firm had revenue of $5.17 billion for the quarter, compared to analysts’ expectations of $5.14 billion. During the same quarter in the previous year, the company earned $1.50 EPS. The company’s quarterly revenue was down 7.0% compared to the same quarter last year.

Hedge funds have recently made changes to their positions in the company. NN Investment Partners Holdings N.V. increased its stake in shares of Union Pacific Corporation by 79.9% in the fourth quarter. NN Investment Partners Holdings N.V. now owns 79,902 shares of the railroad operator’s stock worth $8,284,000 after buying an additional 35,478 shares during the period. Fort Point Capital Partners LLC purchased a new stake in shares of Union Pacific Corporation during the third quarter worth about $203,000. RGT Capital Management Ltd. purchased a new stake in shares of Union Pacific Corporation during the third quarter worth about $1,196,000. SevenBridge Financial Group LLC boosted its position in Union Pacific Corporation by 0.9% in the third quarter. SevenBridge Financial Group LLC now owns 3,391 shares of the railroad operator’s stock worth $328,000 after buying an additional 29 shares in the last quarter. Finally, First Heartland Consultants Inc. boosted its position in Union Pacific Corporation by 2.5% in the third quarter. First Heartland Consultants Inc. now owns 5,519 shares of the railroad operator’s stock worth $538,000 after buying an additional 134 shares in the last quarter. 77.46% of the stock is currently owned by hedge funds and other institutional investors.

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In related news, EVP Eric L. Butler sold 23,198 shares of the stock in a transaction on Friday, December 9th. The shares were sold at an average price of $104.94, for a total transaction of $2,434,398.12. Following the sale, the executive vice president now directly owns 232,538 shares of the company’s stock, valued at $24,402,537.72. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Diane K. Duren sold 2,840 shares of the stock in a transaction on Friday, November 18th. The stock was sold at an average price of $98.98, for a total transaction of $281,103.20. Following the sale, the executive vice president now directly owns 128,701 shares in the company, valued at $12,738,824.98. The disclosure for this sale can be found here. Corporate insiders own 0.14% of the company’s stock.

The company also recently declared a quarterly dividend, which was paid on Thursday, December 29th. Investors of record on Wednesday, November 30th were issued a dividend of $0.605 per share. The ex-dividend date of this dividend was Monday, November 28th. This is an increase from Union Pacific Corporation’s previous quarterly dividend of $0.55. This represents a $2.42 dividend on an annualized basis and a yield of 2.30%. Union Pacific Corporation’s dividend payout ratio is 48.40%.

Union Pacific Corporation Company Profile

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.

5 Day Chart for NYSE:UNP

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