Investors Sell Union Pacific (UNP) on Strength (UNP)
Traders sold shares of Union Pacific Co. (NYSE:UNP) on strength during trading hours on Thursday. $230.79 million flowed into the stock on the tick-up and $338.41 million flowed out of the stock on the tick-down, for a money net flow of $107.62 million out of the stock. Of all stocks tracked, Union Pacific had the 26th highest net out-flow for the day. Union Pacific traded up $3.56 for the day and closed at $126.50
UNP has been the subject of several recent research reports. Argus lifted their price objective on Union Pacific from $125.00 to $130.00 and gave the company a “buy” rating in a research note on Tuesday, October 31st. BMO Capital Markets reiterated a “buy” rating on shares of Union Pacific in a research note on Friday, October 20th. Morgan Stanley cut Union Pacific from an “overweight” rating to an “equal weight” rating and decreased their price objective for the company from $102.00 to $100.00 in a research note on Monday, October 2nd. Royal Bank Of Canada reiterated a “hold” rating and issued a $124.00 price objective on shares of Union Pacific in a research note on Thursday, November 9th. Finally, BidaskClub upgraded Union Pacific from a “strong sell” rating to a “sell” rating in a research note on Friday, August 18th. Four analysts have rated the stock with a sell rating, sixteen have issued a hold rating and four have issued a buy rating to the company’s stock. Union Pacific presently has an average rating of “Hold” and a consensus price target of $117.59.
The company has a market cap of $93,515.65, a P/E ratio of 20.99, a price-to-earnings-growth ratio of 1.93 and a beta of 0.87. The company has a quick ratio of 0.97, a current ratio of 1.16 and a debt-to-equity ratio of 0.83.
Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, October 26th. The railroad operator reported $1.50 earnings per share for the quarter, topping the consensus estimate of $1.49 by $0.01. The firm had revenue of $5.41 billion during the quarter, compared to analysts’ expectations of $5.32 billion. Union Pacific had a return on equity of 23.35% and a net margin of 21.84%. The firm’s revenue was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.36 earnings per share. sell-side analysts anticipate that Union Pacific Co. will post 5.78 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 28th. Investors of record on Thursday, November 30th will be paid a dividend of $0.665 per share. This is a boost from Union Pacific’s previous quarterly dividend of $0.61. The ex-dividend date is Wednesday, November 29th. This represents a $2.66 annualized dividend and a yield of 2.10%. Union Pacific’s payout ratio is presently 42.76%.
Hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. increased its position in Union Pacific by 1.9% during the second quarter. Vanguard Group Inc. now owns 61,505,708 shares of the railroad operator’s stock worth $6,698,588,000 after buying an additional 1,146,109 shares during the period. BlackRock Inc. increased its position in Union Pacific by 0.3% during the second quarter. BlackRock Inc. now owns 50,764,821 shares of the railroad operator’s stock worth $5,528,796,000 after buying an additional 141,521 shares during the period. State Street Corp increased its position in Union Pacific by 0.4% during the first quarter. State Street Corp now owns 34,686,206 shares of the railroad operator’s stock worth $3,673,956,000 after buying an additional 127,803 shares during the period. FMR LLC increased its position in Union Pacific by 84.6% during the second quarter. FMR LLC now owns 9,603,068 shares of the railroad operator’s stock worth $1,045,870,000 after buying an additional 4,399,980 shares during the period. Finally, TIAA CREF Investment Management LLC increased its position in Union Pacific by 0.6% during the second quarter. TIAA CREF Investment Management LLC now owns 7,948,391 shares of the railroad operator’s stock worth $865,659,000 after buying an additional 46,298 shares during the period. Hedge funds and other institutional investors own 78.64% of the company’s stock.
Union Pacific 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.
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