BMO Capital Markets reaffirmed their buy rating on shares of Union Pacific Corporation (NYSE:UNP) in a research report released on Friday. They currently have a $123.00 price target on the railroad operator’s stock.

Several other equities analysts have also recently weighed in on the company. Citigroup Inc. restated a buy rating and set a $120.00 price target on shares of Union Pacific Corporation in a report on Monday, July 10th. Zacks Investment Research cut Union Pacific Corporation from a buy rating to a hold rating in a report on Monday, July 24th. Morgan Stanley restated an overweight rating and set a $102.00 price target (up previously from $100.00) on shares of Union Pacific Corporation in a report on Monday, July 10th. Credit Suisse Group raised their price target on Union Pacific Corporation from $129.00 to $131.00 and gave the company a buy rating in a report on Friday, May 26th. Finally, BidaskClub cut Union Pacific Corporation from a hold rating to a sell rating in a report on Thursday, July 27th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have assigned a buy rating to the company. Union Pacific Corporation presently has a consensus rating of Hold and a consensus price target of $113.38.

Shares of Union Pacific Corporation (NYSE:UNP) opened at 113.40 on Friday. The company has a market cap of $90.76 billion, a P/E ratio of 20.57 and a beta of 0.81. Union Pacific Corporation has a 52-week low of $87.06 and a 52-week high of $115.15. The company has a 50-day moving average price of $105.02 and a 200-day moving average price of $107.33.

Union Pacific Corporation (NYSE:UNP) last released its quarterly earnings results on Thursday, July 20th. The railroad operator reported $1.45 earnings per share for the quarter, beating the consensus estimate of $1.39 by $0.06. The business had revenue of $5.25 billion during the quarter, compared to analysts’ expectations of $5.19 billion. Union Pacific Corporation had a return on equity of 22.70% and a net margin of 21.79%. The firm’s revenue for the quarter was up 10.1% compared to the same quarter last year. During the same quarter last year, the business posted $1.17 EPS. On average, equities analysts predict that Union Pacific Corporation will post $5.79 EPS for the current year.

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The firm also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Thursday, August 31st will be paid a dividend of $0.605 per share. This represents a $2.42 dividend on an annualized basis and a dividend yield of 2.13%. The ex-dividend date of this dividend is Tuesday, August 29th. Union Pacific Corporation’s dividend payout ratio is currently 43.84%.

In related news, EVP Cameron A. Scott sold 17,604 shares of the firm’s stock in a transaction that occurred on Friday, July 7th. The stock was sold at an average price of $107.60, for a total transaction of $1,894,190.40. Following the completion of the sale, the executive vice president now directly owns 95,470 shares of the company’s stock, valued at approximately $10,272,572. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.20% of the stock is currently owned by company insiders.

Several hedge funds have recently modified their holdings of UNP. Pathstone Family Office LLC raised its position in Union Pacific Corporation by 41.3% during the 2nd quarter. Pathstone Family Office LLC now owns 178 shares of the railroad operator’s stock valued at $2,304,000 after purchasing an additional 52 shares in the last quarter. Advantage Investment Management LLC raised its position in Union Pacific Corporation by 263.7% during the 1st quarter. Advantage Investment Management LLC now owns 953 shares of the railroad operator’s stock valued at $101,000 after purchasing an additional 691 shares in the last quarter. Mark Sheptoff Financial Planning LLC raised its position in Union Pacific Corporation by 96.3% during the 1st quarter. Mark Sheptoff Financial Planning LLC now owns 1,021 shares of the railroad operator’s stock valued at $108,000 after purchasing an additional 501 shares in the last quarter. Proficio Capital Partners LLC raised its position in Union Pacific Corporation by 36.3% during the 1st quarter. Proficio Capital Partners LLC now owns 1,028 shares of the railroad operator’s stock valued at $111,000 after purchasing an additional 274 shares in the last quarter. Finally, Mitsubishi UFJ Securities Holdings Co. Ltd. raised its position in Union Pacific Corporation by 46.6% during the 2nd quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,070 shares of the railroad operator’s stock valued at $117,000 after purchasing an additional 340 shares in the last quarter. 78.56% of the stock is owned by hedge funds and other institutional investors.

Union Pacific Corporation Company Profile

Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.

Analyst Recommendations for Union Pacific Corporation (NYSE:UNP)

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