Q3 2017 EPS Estimates for Union Pacific Corporation (UNP) Decreased by Analyst

Union Pacific Corporation (NYSE:UNP) – Analysts at Seaport Global Securities dropped their Q3 2017 earnings per share estimates for Union Pacific Corporation in a report released on Friday. Seaport Global Securities analyst M. Levin now anticipates that the railroad operator will post earnings per share of $1.47 for the quarter, down from their prior estimate of $1.49.

A number of other brokerages have also issued reports on UNP. Stifel Nicolaus restated a “hold” rating and set a $118.00 target price (up previously from $112.00) on shares of Union Pacific Corporation in a research report on Monday, July 24th. BidaskClub lowered shares of Union Pacific Corporation from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. Zacks Investment Research upgraded shares of Union Pacific Corporation from a “hold” rating to a “buy” rating and set a $122.00 target price on the stock in a research report on Thursday, July 13th. Morgan Stanley lowered shares of Union Pacific Corporation from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $102.00 to $100.00 in a research report on Monday, October 2nd. Finally, Deutsche Bank AG lowered shares of Union Pacific Corporation from a “buy” rating to a “hold” rating and decreased their target price for the stock from $132.00 to $110.00 in a research report on Friday, July 21st. Two equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and five have issued a buy rating to the company. Union Pacific Corporation presently has an average rating of “Hold” and a consensus price target of $113.38.

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Shares of Union Pacific Corporation (UNP) opened at 112.63 on Monday. Union Pacific Corporation has a 52-week low of $87.06 and a 52-week high of $116.93. The stock’s 50 day moving average is $110.47 and its 200 day moving average is $108.36. The stock has a market cap of $90.15 billion, a price-to-earnings ratio of 20.43 and a beta of 0.84.

Union Pacific Corporation (NYSE:UNP) last released its quarterly earnings results on Thursday, July 20th. The railroad operator reported $1.45 EPS for the quarter, beating the Thomson Reuters’ 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 net margin of 21.79% and a return on equity of 22.70%. The business’s revenue for the quarter was up 10.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.17 EPS.

Large investors have recently bought and sold shares of the business. Barings LLC raised its stake in Union Pacific Corporation by 357.1% during the first quarter. Barings LLC now owns 48,185 shares of the railroad operator’s stock worth $5,104,000 after purchasing an additional 37,643 shares during the period. Greystone Managed Investments Inc. raised its stake in Union Pacific Corporation by 8.9% during the second quarter. Greystone Managed Investments Inc. now owns 84,114 shares of the railroad operator’s stock worth $9,161,000 after purchasing an additional 6,890 shares during the period. Wallington Asset Management LLC raised its stake in Union Pacific Corporation by 0.3% during the second quarter. Wallington Asset Management LLC now owns 88,899 shares of the railroad operator’s stock worth $9,682,000 after purchasing an additional 280 shares during the period. Boston Advisors LLC raised its stake in Union Pacific Corporation by 19.6% during the second quarter. Boston Advisors LLC now owns 446,672 shares of the railroad operator’s stock worth $48,647,000 after purchasing an additional 73,268 shares during the period. Finally, Genesee Valley Trust Co. raised its stake in Union Pacific Corporation by 21.5% during the first quarter. Genesee Valley Trust Co. now owns 9,725 shares of the railroad operator’s stock worth $1,030,000 after purchasing an additional 1,724 shares during the period. 78.37% of the stock is currently owned by institutional investors.

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

About Union Pacific Corporation

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.

Earnings History and Estimates for Union Pacific Corporation (NYSE:UNP)

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