Investors Sell Union Pacific Corporation (UNP) on Strength (UNP)

Investors sold shares of Union Pacific Corporation (NYSE:UNP) on strength during trading on Thursday. $61.62 million flowed into the stock on the tick-up and $85.10 million flowed out of the stock on the tick-down, for a money net flow of $23.48 million out of the stock. Of all stocks tracked, Union Pacific Corporation had the 29th highest net out-flow for the day. Union Pacific Corporation traded up $0.44 for the day and closed at $115.44

Several analysts have commented on UNP shares. Citigroup Inc. reaffirmed a “buy” rating and issued a $120.00 price objective on shares of Union Pacific Corporation in a research report on Monday, July 10th. Zacks Investment Research lowered shares of Union Pacific Corporation from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. Morgan Stanley reaffirmed an “overweight” rating and issued a $102.00 price objective (up previously from $100.00) on shares of Union Pacific Corporation in a research report on Monday, July 10th. BMO Capital Markets reaffirmed a “buy” rating and issued a $123.00 price objective on shares of Union Pacific Corporation in a research report on Friday, June 2nd. Finally, Credit Suisse Group boosted their price target on shares of Union Pacific Corporation from $129.00 to $131.00 and gave the company a “buy” rating in a research report on Friday, May 26th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $113.38.

The stock has a market cap of $92.32 billion, a P/E ratio of 20.92 and a beta of 0.81. The company has a 50 day moving average price of $105.56 and a 200-day moving average price of $107.35.

Union Pacific Corporation (NYSE:UNP) last issued its earnings results on Thursday, July 20th. The railroad operator reported $1.45 EPS for the quarter, beating the Zacks’ consensus estimate of $1.39 by $0.06. The firm had revenue of $5.25 billion for the quarter, compared to analyst estimates of $5.19 billion. Union Pacific Corporation had a return on equity of 22.70% and a net margin of 21.79%. Union Pacific Corporation’s revenue for the quarter was up 10.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.17 earnings per share. On average, equities analysts forecast that Union Pacific Corporation will post $5.79 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Thursday, August 31st will be issued a $0.605 dividend. This represents a $2.42 dividend on an annualized basis and a yield of 2.10%. The ex-dividend date is Tuesday, August 29th. Union Pacific Corporation’s payout ratio is presently 43.84%.

In other Union Pacific Corporation news, EVP Cameron A. Scott sold 17,604 shares of the business’s stock in a transaction that occurred on Friday, July 7th. The stock was sold at an average price of $107.60, for a total value of $1,894,190.40. Following the completion of the transaction, the executive vice president now directly owns 95,470 shares of the company’s stock, valued at $10,272,572. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.20% of the company’s stock.

A number of large investors have recently made changes to their positions in the business. Vanguard Group Inc. raised its stake in shares of Union Pacific Corporation by 1.9% during the 2nd quarter. Vanguard Group Inc. now owns 61,505,708 shares of the railroad operator’s stock worth $6,698,588,000 after buying an additional 1,146,109 shares during the period. BlackRock Inc. raised its stake in shares of Union Pacific Corporation by 0.3% during the 2nd quarter. BlackRock Inc. now owns 50,764,821 shares of the railroad operator’s stock worth $5,528,796,000 after buying an additional 141,521 shares during the period. State Street Corp raised its stake in shares of Union Pacific Corporation by 0.4% during the 1st quarter. State Street Corp now owns 34,686,206 shares of the railroad operator’s stock worth $3,673,956,000 after buying an additional 127,803 shares during the period. FMR LLC raised its stake in shares of Union Pacific Corporation by 84.6% during the 2nd quarter. FMR LLC now owns 9,603,068 shares of the railroad operator’s stock worth $1,045,870,000 after buying an additional 4,399,980 shares during the period. Finally, TIAA CREF Investment Management LLC raised its stake in shares of Union Pacific Corporation by 0.6% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 7,948,391 shares of the railroad operator’s stock worth $865,659,000 after buying an additional 46,298 shares during the period. 78.38% of the stock is owned by institutional investors.

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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.

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