Union Pacific (NYSE:UNP) Given New $258.00 Price Target at TD Cowen

Union Pacific (NYSE:UNP) had its target price hoisted by TD Cowen from $252.00 to $258.00 in a research report released on Friday morning, MarketBeat.com reports. They currently have a buy rating on the railroad operator’s stock.

UNP has been the subject of a number of other research reports. The Goldman Sachs Group boosted their price target on Union Pacific from $248.00 to $274.00 and gave the stock a buy rating in a research report on Thursday, April 11th. Sanford C. Bernstein upgraded Union Pacific from a market perform rating to an outperform rating and set a $280.00 target price for the company in a report on Monday, January 22nd. StockNews.com downgraded Union Pacific from a buy rating to a hold rating in a report on Monday, March 18th. Stifel Nicolaus lifted their price target on shares of Union Pacific from $231.00 to $248.00 and gave the company a hold rating in a research report on Friday, April 12th. Finally, Jefferies Financial Group started coverage on shares of Union Pacific in a report on Monday, April 8th. They set a hold rating and a $250.00 price objective for the company. Seven research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of Moderate Buy and an average target price of $258.78.

Union Pacific Price Performance

NYSE UNP opened at $240.98 on Friday. The firm has a market capitalization of $147.03 billion, a price-to-earnings ratio of 22.99, a price-to-earnings-growth ratio of 2.61 and a beta of 1.07. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.93 and a quick ratio of 0.76. The company has a 50 day simple moving average of $244.15 and a 200-day simple moving average of $235.56. Union Pacific has a 52-week low of $190.71 and a 52-week high of $258.66.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, April 25th. The railroad operator reported $2.69 earnings per share for the quarter, topping the consensus estimate of $2.50 by $0.19. The company had revenue of $6.03 billion for the quarter, compared to analyst estimates of $5.97 billion. Union Pacific had a return on equity of 44.34% and a net margin of 26.52%. The business’s revenue was down .4% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.67 EPS. Equities research analysts predict that Union Pacific will post 11.08 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Thursday, February 29th were paid a dividend of $1.30 per share. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $5.20 dividend on an annualized basis and a yield of 2.16%. Union Pacific’s payout ratio is 49.62%.

Insider Buying and Selling at Union Pacific

In related news, President Elizabeth F. Whited sold 3,750 shares of the firm’s stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $250.00, for a total transaction of $937,500.00. Following the sale, the president now directly owns 56,682 shares in the company, valued at $14,170,500. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 0.26% of the company’s stock.

Institutional Trading of Union Pacific

Hedge funds and other institutional investors have recently made changes to their positions in the business. Silver Oak Advisory Group Inc. acquired a new stake in shares of Union Pacific in the fourth quarter valued at about $219,000. Personal CFO Solutions LLC increased its position in shares of Union Pacific by 39.3% during the 3rd quarter. Personal CFO Solutions LLC now owns 1,407 shares of the railroad operator’s stock worth $287,000 after purchasing an additional 397 shares during the last quarter. Nordea Investment Management AB raised its stake in shares of Union Pacific by 46.9% during the 4th quarter. Nordea Investment Management AB now owns 87,905 shares of the railroad operator’s stock worth $21,596,000 after purchasing an additional 28,052 shares in the last quarter. Procyon Advisors LLC raised its stake in shares of Union Pacific by 48.3% during the 4th quarter. Procyon Advisors LLC now owns 18,512 shares of the railroad operator’s stock worth $4,547,000 after purchasing an additional 6,031 shares in the last quarter. Finally, Advisor Resource Council acquired a new stake in shares of Union Pacific in the 4th quarter valued at approximately $606,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

About Union Pacific

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.