Union Pacific (UNP) Rating Reiterated by Cowen
Cowen reiterated their market perform rating on shares of Union Pacific (NYSE:UNP) in a research report report published on Wednesday morning, MarketBeat.com reports. The brokerage currently has a $139.00 price objective on the railroad operator’s stock, down from their previous price objective of $140.00.
Several other research firms also recently commented on UNP. Barclays reaffirmed a buy rating and issued a $150.00 price target on shares of Union Pacific in a research note on Wednesday, December 13th. Argus raised their price target on shares of Union Pacific from $125.00 to $130.00 and gave the stock a buy rating in a research note on Tuesday, October 31st. Scotiabank set a $150.00 price target on shares of Union Pacific and gave the stock a hold rating in a research note on Thursday, January 11th. Morgan Stanley raised their price target on shares of Union Pacific from $105.00 to $125.00 and gave the stock an equal weight rating in a research note on Friday, January 26th. Finally, Royal Bank of Canada reaffirmed a hold rating and issued a $124.00 price target on shares of Union Pacific in a research note on Thursday, November 9th. Three analysts have rated the stock with a sell rating, thirteen have given a hold rating and ten have issued a buy rating to the company’s stock. Union Pacific has an average rating of Hold and a consensus price target of $131.50.
Shares of Union Pacific (NYSE:UNP) opened at $128.50 on Wednesday. Union Pacific has a 12 month low of $101.06 and a 12 month high of $143.05. The firm has a market cap of $100,140.00, a price-to-earnings ratio of 21.52, a PEG ratio of 1.61 and a beta of 0.83. The company has a quick ratio of 0.83, a current ratio of 1.02 and a debt-to-equity ratio of 0.65.
The firm also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Wednesday, February 28th will be given a dividend of $0.73 per share. This is an increase from Union Pacific’s previous quarterly dividend of $0.67. The ex-dividend date is Tuesday, February 27th. This represents a $2.92 dividend on an annualized basis and a yield of 2.27%. Union Pacific’s dividend payout ratio (DPR) is 48.91%.
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Acropolis Investment Management LLC bought a new stake in shares of Union Pacific in the 4th quarter valued at about $107,000. Mitsubishi UFJ Securities Holdings Co. Ltd. boosted its holdings in shares of Union Pacific by 46.6% in 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 buying an additional 340 shares in the last quarter. Icon Wealth Partners LLC bought a new stake in shares of Union Pacific in the 4th quarter valued at about $119,000. Acrospire Investment Management LLC boosted its holdings in shares of Union Pacific by 33.3% in the 2nd quarter. Acrospire Investment Management LLC now owns 1,200 shares of the railroad operator’s stock valued at $131,000 after buying an additional 300 shares in the last quarter. Finally, Exane Derivatives boosted its holdings in shares of Union Pacific by 55,600.0% in the 4th quarter. Exane Derivatives now owns 1,114 shares of the railroad operator’s stock valued at $149,000 after buying an additional 1,112 shares in the last quarter. 78.41% of the stock is currently owned by institutional investors and hedge funds.
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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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