Union Pacific Corporation (UNP) Lowered to Hold at Aegis

Aegis downgraded shares of Union Pacific Corporation (NYSE:UNP) from a buy rating to a hold rating in a research report released on Tuesday morning. Aegis currently has $122.00 target price on the railroad operator’s stock, up from their previous target price of $120.00.

UNP has been the topic of a number of other research reports. Stifel Nicolaus increased their price objective on Union Pacific Corporation from $118.00 to $120.00 and gave the stock a hold rating in a research report on Friday, August 18th. Royal Bank Of Canada reiterated a hold rating and issued a $115.00 price objective on shares of Union Pacific Corporation in a research report on Friday, August 25th. BMO Capital Markets reiterated a buy rating and issued a $123.00 price objective on shares of Union Pacific Corporation in a research report on Friday, September 15th. Citigroup Inc. downgraded Union Pacific Corporation from a buy rating to a neutral rating and set a $120.00 price objective on the stock. in a research report on Wednesday, October 4th. Finally, BidaskClub downgraded Union Pacific Corporation from a sell rating to a strong sell rating in a research report on Thursday, August 3rd. Two research analysts have rated the stock with a sell rating, fourteen have given a hold rating and five have assigned a buy rating to the company’s stock. The company has a consensus rating of Hold and a consensus target price of $113.38.

Union Pacific Corporation (NYSE:UNP) opened at 112.95 on Tuesday. Union Pacific Corporation has a 52 week low of $87.06 and a 52 week high of $116.93. The stock has a 50 day moving average price of $110.47 and a 200 day moving average price of $108.36. The company has a market cap of $90.40 billion, a price-to-earnings ratio of 20.48 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 (EPS) for the quarter, topping the consensus estimate of $1.39 by $0.06. The firm had revenue of $5.25 billion for the quarter, compared to the consensus estimate of $5.19 billion. Union Pacific Corporation had a return on equity of 22.70% and a net margin of 21.79%. The business’s quarterly revenue was up 10.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.17 earnings per share. On average, equities analysts forecast that Union Pacific Corporation will post $5.77 earnings per share for the current year.

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The company also recently announced a quarterly dividend, which was paid on Friday, September 29th. Investors of record on Thursday, August 31st were paid a $0.605 dividend. The ex-dividend date of this dividend was Tuesday, August 29th. This represents a $2.42 dividend on an annualized basis and a yield of 2.15%. Union Pacific Corporation’s dividend payout ratio is presently 43.84%.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in UNP. FMR LLC increased its stake in Union Pacific Corporation by 84.6% in the second quarter. FMR LLC now owns 9,603,068 shares of the railroad operator’s stock valued at $1,045,870,000 after acquiring an additional 4,399,980 shares during the last quarter. Janus Henderson Group PLC increased its stake in Union Pacific Corporation by 990.5% in the second quarter. Janus Henderson Group PLC now owns 2,243,574 shares of the railroad operator’s stock valued at $244,339,000 after acquiring an additional 2,037,834 shares during the last quarter. Voya Investment Management LLC increased its stake in Union Pacific Corporation by 88.7% in the second quarter. Voya Investment Management LLC now owns 4,060,423 shares of the railroad operator’s stock valued at $442,221,000 after acquiring an additional 1,908,175 shares during the last quarter. Ameriprise Financial Inc. increased its stake in Union Pacific Corporation by 59.3% in the second quarter. Ameriprise Financial Inc. now owns 4,773,609 shares of the railroad operator’s stock valued at $519,785,000 after acquiring an additional 1,776,644 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its stake in Union Pacific Corporation by 290.6% in the second quarter. Arrowstreet Capital Limited Partnership now owns 2,187,401 shares of the railroad operator’s stock valued at $238,230,000 after acquiring an additional 1,627,453 shares during the last quarter. 78.37% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Corporation 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.

Analyst Recommendations for Union Pacific Corporation (NYSE:UNP)

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