Traders Sell Shares of Union Pacific Corporation (UNP) on Strength (UNP)
Traders sold shares of Union Pacific Corporation (NYSE:UNP) on strength during trading on Thursday. $83.01 million flowed into the stock on the tick-up and $107.59 million flowed out of the stock on the tick-down, for a money net flow of $24.58 million out of the stock. Of all companies tracked, Union Pacific Corporation had the 32nd highest net out-flow for the day. Union Pacific Corporation traded up $1.63 for the day and closed at $112.01
Several equities analysts recently weighed in on UNP shares. Citigroup Inc. reiterated a “buy” rating and set a $120.00 target price on shares of Union Pacific Corporation in a research report on Monday, July 10th. BMO Capital Markets reiterated a “buy” rating and set a $123.00 target price on shares of Union Pacific Corporation in a research report on Friday, August 11th. Zacks Investment Research upgraded Union Pacific Corporation from a “hold” rating to a “buy” rating and set a $122.00 target price on the stock in a research report on Thursday, July 13th. Morgan Stanley downgraded Union Pacific Corporation from an “overweight” rating to an “equal weight” rating and lowered their target price for the company from $102.00 to $100.00 in a research report on Monday, October 2nd. Finally, Royal Bank Of Canada reiterated a “hold” rating and set a $115.00 target price on shares of Union Pacific Corporation in a research report on Friday, August 25th. Three investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and five have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $113.36.
The stock’s 50 day moving average price is $111.86 and its 200 day moving average price is $108.64. The stock has a market capitalization of $89.65 billion, a PE ratio of 20.31 and a beta of 0.84.
Union Pacific Corporation (NYSE:UNP) last posted its earnings results on Thursday, July 20th. The railroad operator reported $1.45 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.39 by $0.06. Union Pacific Corporation had a net margin of 21.79% and a return on equity of 22.70%. The firm had revenue of $5.25 billion during the quarter, compared to the consensus estimate of $5.19 billion. During the same quarter last year, the firm earned $1.17 EPS. The firm’s revenue for the quarter was up 10.1% on a year-over-year basis. Equities research analysts expect that Union Pacific Corporation will post $5.76 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Friday, September 29th. Investors of record on Thursday, August 31st were issued a $0.605 dividend. The ex-dividend date was Tuesday, August 29th. This represents a $2.42 annualized dividend and a yield of 2.16%. Union Pacific Corporation’s dividend payout ratio (DPR) is presently 43.84%.
A number of institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. increased its holdings in Union Pacific Corporation by 1.9% in the 2nd quarter. Vanguard Group Inc. now owns 61,505,708 shares of the railroad operator’s stock valued at $6,698,588,000 after purchasing an additional 1,146,109 shares during the last quarter. BlackRock Inc. increased its holdings in Union Pacific Corporation by 0.3% in the 2nd quarter. BlackRock Inc. now owns 50,764,821 shares of the railroad operator’s stock valued at $5,528,796,000 after purchasing an additional 141,521 shares during the last quarter. State Street Corp increased its holdings in Union Pacific Corporation by 0.4% in the 1st quarter. State Street Corp now owns 34,686,206 shares of the railroad operator’s stock valued at $3,673,956,000 after purchasing an additional 127,803 shares during the last quarter. FMR LLC increased its holdings in Union Pacific Corporation by 84.6% in the 2nd quarter. FMR LLC now owns 9,603,068 shares of the railroad operator’s stock valued at $1,045,870,000 after purchasing an additional 4,399,980 shares during the last quarter. Finally, TIAA CREF Investment Management LLC increased its holdings in Union Pacific Corporation by 0.6% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 7,948,391 shares of the railroad operator’s stock valued at $865,659,000 after purchasing an additional 46,298 shares during the last quarter. Hedge funds and other institutional investors own 78.33% of the company’s stock.
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About Union Pacific Corporation
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.
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