Scotiabank Reiterates “$150.00” Price Target for Union Pacific (UNP)

Scotiabank set a $150.00 price objective on Union Pacific (NYSE:UNP) in a research report released on Thursday morning. The firm currently has a hold rating on the railroad operator’s stock.

UNP has been the subject of several other reports. Goldman Sachs Group started coverage on shares of Union Pacific in a research report on Monday, November 13th. They set a sell rating and a $103.00 price objective for the company. Morgan Stanley boosted their price objective on shares of Union Pacific from $100.00 to $104.00 and gave the company an equal weight rating in a research report on Tuesday, October 31st. Argus boosted their price objective on shares of Union Pacific from $125.00 to $130.00 and gave the company a buy rating in a research report on Tuesday, October 31st. Zacks Investment Research downgraded shares of Union Pacific from a hold rating to a sell rating in a research report on Saturday, January 6th. Finally, UBS Group boosted their price objective on shares of Union Pacific from $115.00 to $126.00 and gave the company a neutral rating in a research report on Friday, October 27th. Four equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and seven have given a buy rating to the company. Union Pacific presently has an average rating of Hold and a consensus price target of $122.65.

Union Pacific (NYSE UNP) opened at $141.17 on Thursday. Union Pacific has a 1 year low of $101.06 and a 1 year high of $141.81. The company has a market cap of $111,120.00, a P/E ratio of 24.99, a price-to-earnings-growth ratio of 1.97 and a beta of 0.90. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.97 and a current ratio of 1.16.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, October 26th. The railroad operator reported $1.50 EPS for the quarter, beating the consensus estimate of $1.49 by $0.01. Union Pacific had a net margin of 21.84% and a return on equity of 23.35%. The business had revenue of $5.41 billion during the quarter, compared to the consensus estimate of $5.32 billion. During the same period in the previous year, the business earned $1.36 earnings per share. The company’s revenue was up 4.5% on a year-over-year basis. equities research analysts anticipate that Union Pacific will post 5.79 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Thursday, December 28th. Stockholders of record on Thursday, November 30th were issued a dividend of $0.665 per share. The ex-dividend date was Wednesday, November 29th. This is an increase from Union Pacific’s previous quarterly dividend of $0.61. This represents a $2.66 annualized dividend and a dividend yield of 1.88%. Union Pacific’s dividend payout ratio is 47.08%.

Large investors have recently made changes to their positions in the company. Acropolis Investment Management LLC bought a new stake in shares of Union Pacific in the fourth quarter worth $107,000. Mitsubishi UFJ Securities Holdings Co. Ltd. grew its stake in shares of Union Pacific by 46.6% in the second quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,070 shares of the railroad operator’s stock worth $117,000 after purchasing an additional 340 shares during the last quarter. Acrospire Investment Management LLC grew its stake in shares of Union Pacific by 33.3% in the second quarter. Acrospire Investment Management LLC now owns 1,200 shares of the railroad operator’s stock worth $131,000 after purchasing an additional 300 shares during the last quarter. Community Bank N.A. grew its stake in shares of Union Pacific by 3.0% in the second quarter. Community Bank N.A. now owns 1,537 shares of the railroad operator’s stock worth $168,000 after purchasing an additional 45 shares during the last quarter. Finally, Jacobi Capital Management LLC grew its stake in shares of Union Pacific by 6.6% in the second quarter. Jacobi Capital Management LLC now owns 1,705 shares of the railroad operator’s stock worth $185,000 after purchasing an additional 105 shares during the last quarter. Institutional investors own 78.45% of the company’s stock.

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Union Pacific 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 (NYSE:UNP)

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