Investors Sell Shares of Union Pacific Corp. (UNP) on Strength (UNP)
Investors sold shares of Union Pacific Corp. (NYSE:UNP) on strength during trading on Monday. $35.15 million flowed into the stock on the tick-up and $57.35 million flowed out of the stock on the tick-down, for a money net flow of $22.20 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 $0.14 for the day and closed at $94.12
A number of research analysts have recently commented on UNP shares. Bank of America Corp. reissued a “buy” rating and set a $88.00 target price on shares of Union Pacific Corp. in a research report on Tuesday, March 22nd. Vetr raised shares of Union Pacific Corp. from a “buy” rating to a “strong-buy” rating and set a $89.42 price target on the stock in a report on Monday, March 28th. Barclays PLC reaffirmed an “equal weight” rating and issued a $81.00 price target (down from $85.00) on shares of Union Pacific Corp. in a report on Monday, April 11th. Deutsche Bank AG reaffirmed a “buy” rating on shares of Union Pacific Corp. in a report on Tuesday, April 12th. Finally, Royal Bank Of Canada upped their price target on shares of Union Pacific Corp. from $90.00 to $95.00 and gave the company an “outperform” rating in a report on Friday, April 22nd. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and fifteen have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $91.72.
The firm has a market capitalization of $79.16 billion and a P/E ratio of 17.58. The firm’s 50 day moving average price is $88.20 and its 200 day moving average price is $81.83.
Union Pacific Corp. (NYSE:UNP) last issued its earnings results on Thursday, April 21st. The railroad operator reported $1.16 EPS for the quarter, topping the consensus estimate of $1.10 by $0.06. During the same period last year, the business earned $1.30 earnings per share. The firm earned $4.83 billion during the quarter, compared to the consensus estimate of $4.99 billion. The firm’s revenue for the quarter was down 14.0% compared to the same quarter last year. On average, analysts anticipate that Union Pacific Corp. will post $5.11 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Thursday, June 30th. Investors of record on Tuesday, May 31st were given a $0.55 dividend. The ex-dividend date of this dividend was Thursday, May 26th. This represents a $2.20 annualized dividend and a yield of 2.34%.
In related news, EVP Diane K. Duren sold 2,500 shares of the firm’s stock in a transaction on Friday, June 3rd. The stock was sold at an average price of $85.46, for a total value of $213,650.00. Following the completion of the transaction, the executive vice president now directly owns 131,541 shares of the company’s stock, valued at $11,241,493.86. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
A number of hedge funds and institutional investors have recently modified their holdings of the company. Morningstar Investment Services LLC boosted 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 valued at $13,639,000 after buying an additional 23,323 shares during the period. Dimensional Fund Advisors LP boosted 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 last quarter. Opus Investment Management Inc. bought a new position in shares of Union Pacific Corp. during the fourth quarter worth about $3,613,000. Stephens Inc. AR boosted 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 last quarter. Finally, Veritable L.P. boosted its position in shares of Union Pacific Corp. by 1.9% in the fourth quarter. Veritable L.P. now owns 37,814 shares of the railroad operator’s stock worth $2,957,000 after buying an additional 691 shares during 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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