Traders Sell Union Pacific (UNP) on Strength (UNP)

Traders sold shares of Union Pacific Co. (NYSE:UNP) on strength during trading hours on Friday. $130.52 million flowed into the stock on the tick-up and $155.94 million flowed out of the stock on the tick-down, for a money net flow of $25.42 million out of the stock. Of all equities tracked, Union Pacific had the 24th highest net out-flow for the day. Union Pacific traded up $0.18 for the day and closed at $148.70

UNP has been the subject of several research analyst reports. Cowen reiterated a “hold” rating and set a $151.00 target price on shares of Union Pacific in a research report on Tuesday, September 18th. UBS Group increased their target price on Union Pacific from $161.00 to $185.00 and gave the stock a “buy” rating in a research report on Thursday, September 20th. Deutsche Bank cut Union Pacific from a “buy” rating to a “hold” rating and set a $162.00 target price for the company. in a research report on Tuesday, August 14th. ValuEngine upgraded Union Pacific from a “hold” rating to a “buy” rating in a research report on Thursday, August 2nd. Finally, Credit Suisse Group increased their target price on Union Pacific from $167.00 to $185.00 and gave the stock an “outperform” rating in a research report on Thursday, September 20th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and twelve have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $160.22.

The company has a market cap of $110.84 billion, a P/E ratio of 25.68, a P/E/G ratio of 1.80 and a beta of 0.81. The company has a quick ratio of 0.85, a current ratio of 1.03 and a debt-to-equity ratio of 1.07.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, July 19th. The railroad operator reported $1.98 EPS for the quarter, beating analysts’ consensus estimates of $1.94 by $0.04. Union Pacific had a return on equity of 23.63% and a net margin of 51.31%. The company had revenue of $5.67 billion during the quarter, compared to analyst estimates of $5.65 billion. During the same period in the prior year, the company earned $1.45 earnings per share. The firm’s revenue was up 8.0% on a year-over-year basis. On average, equities analysts anticipate that Union Pacific Co. will post 7.81 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, September 28th. Investors of record on Friday, August 31st were paid a dividend of $0.80 per share. The ex-dividend date of this dividend was Thursday, August 30th. This is a positive change from Union Pacific’s previous quarterly dividend of $0.73. This represents a $3.20 dividend on an annualized basis and a yield of 2.15%. Union Pacific’s dividend payout ratio is presently 55.27%.

In related news, EVP Robert M. Knight, Jr. sold 20,000 shares of the stock in a transaction that occurred on Monday, September 24th. The stock was sold at an average price of $163.81, for a total transaction of $3,276,200.00. Following the completion of the transaction, the executive vice president now directly owns 106,518 shares of the company’s stock, valued at $17,448,713.58. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Lynden L. Tennison sold 8,450 shares of the stock in a transaction that occurred on Tuesday, August 28th. The shares were sold at an average price of $151.72, for a total value of $1,282,034.00. Following the transaction, the executive vice president now directly owns 53,978 shares of the company’s stock, valued at $8,189,542.16. The disclosure for this sale can be found here. 0.20% of the stock is currently owned by corporate insiders.

A number of institutional investors have recently made changes to their positions in the stock. Lenox Wealth Advisors LLC bought a new stake in shares of Union Pacific in the 2nd quarter valued at approximately $105,000. Landaas & Co. WI ADV bought a new stake in shares of Union Pacific in the 2nd quarter valued at approximately $133,000. grace capital bought a new stake in shares of Union Pacific in the 2nd quarter valued at approximately $142,000. Exane Derivatives lifted its stake in shares of Union Pacific by 85.1% in the 2nd quarter. Exane Derivatives now owns 1,096 shares of the railroad operator’s stock valued at $155,000 after purchasing an additional 504 shares during the last quarter. Finally, Brand Asset Management Group Inc. bought a new stake in shares of Union Pacific in the 2nd quarter valued at approximately $169,000. 80.47% of the stock is owned by institutional investors.

Union Pacific Company Profile (NYSE:UNP)

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, and food and beverage products; automotive, such as finished vehicles and automotive parts; and chemicals comprising industrial chemicals, plastics, fertilizers, petroleum and liquid petroleum gases, crude oil, and soda ash.

Further Reading: Ex-Dividend

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