Union Pacific Corporation (NYSE:UNP - Get Free Report) CFO Jennifer Hamann sold 2,000 shares of the firm's stock in a transaction on Friday, April 24th. The shares were sold at an average price of $274.70, for a total transaction of $549,400.00. Following the transaction, the chief financial officer directly owned 114,642 shares of the company's stock, valued at $31,492,157.40. The trade was a 1.71% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.
Union Pacific Trading Down 0.3%
UNP opened at $267.98 on Wednesday. Union Pacific Corporation has a twelve month low of $210.53 and a twelve month high of $274.79. The company has a quick ratio of 0.73, a current ratio of 0.92 and a debt-to-equity ratio of 1.53. The company has a fifty day moving average of $252.04 and a 200-day moving average of $238.94. The stock has a market cap of $159.10 billion, a PE ratio of 22.07, a price-to-earnings-growth ratio of 2.85 and a beta of 0.96.
Union Pacific (NYSE:UNP - Get Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share for the quarter, topping the consensus estimate of $2.86 by $0.07. Union Pacific had a net margin of 29.20% and a return on equity of 39.58%. The company had revenue of $6.22 billion during the quarter, compared to analysts' expectations of $6.12 billion. During the same period in the prior year, the company posted $2.70 earnings per share. Union Pacific's revenue for the quarter was up 3.2% compared to the same quarter last year. On average, sell-side analysts predict that Union Pacific Corporation will post 12.53 EPS for the current year.
Union Pacific Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, February 27th were given a dividend of $1.38 per share. The ex-dividend date was Friday, February 27th. This represents a $5.52 annualized dividend and a dividend yield of 2.1%. Union Pacific's dividend payout ratio is 45.47%.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the business. Key Financial Inc boosted its holdings in Union Pacific by 2.1% during the first quarter. Key Financial Inc now owns 1,821 shares of the railroad operator's stock worth $442,000 after purchasing an additional 38 shares during the last quarter. EJMK Ventures LLC boosted its holdings in Union Pacific by 4.0% during the first quarter. EJMK Ventures LLC now owns 1,016 shares of the railroad operator's stock worth $247,000 after purchasing an additional 39 shares during the last quarter. Rehmann Capital Advisory Group boosted its holdings in Union Pacific by 0.6% during the fourth quarter. Rehmann Capital Advisory Group now owns 6,637 shares of the railroad operator's stock worth $1,535,000 after purchasing an additional 42 shares during the last quarter. Fairvoy Private Wealth LLC boosted its holdings in Union Pacific by 3.8% during the first quarter. Fairvoy Private Wealth LLC now owns 1,156 shares of the railroad operator's stock worth $280,000 after purchasing an additional 42 shares during the last quarter. Finally, Moss Adams Wealth Advisors LLC boosted its holdings in Union Pacific by 2.0% during the first quarter. Moss Adams Wealth Advisors LLC now owns 2,096 shares of the railroad operator's stock worth $508,000 after purchasing an additional 42 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of research firms have recently issued reports on UNP. Barclays reissued an "overweight" rating and set a $315.00 price objective (up from $285.00) on shares of Union Pacific in a research report on Friday. Susquehanna restated a "buy" rating on shares of Union Pacific in a research note on Monday, January 19th. Sanford C. Bernstein raised their target price on Union Pacific from $289.00 to $293.00 and gave the company an "outperform" rating in a research note on Tuesday, March 31st. The Goldman Sachs Group restated a "neutral" rating and issued a $267.00 target price on shares of Union Pacific in a research note on Tuesday, January 27th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Union Pacific from $267.00 to $275.00 and gave the company a "neutral" rating in a report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $279.55.
Get Our Latest Stock Analysis on UNP
Union Pacific Company Profile
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Get Free Report)
Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.
Union Pacific's core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.
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