Investors Buy Large Volume of Call Options on Union Pacific (UNP)

Union Pacific Co. (NYSE:UNP) was the target of unusually large options trading on Tuesday. Investors acquired 40,245 call options on the company. This represents an increase of 1,724% compared to the typical daily volume of 2,206 call options.

Hedge funds and other institutional investors have recently modified their holdings of the business. Gainplan LLC boosted its stake in shares of Union Pacific by 0.6% during the 2nd quarter. Gainplan LLC now owns 2,230 shares of the railroad operator’s stock worth $243,000 after acquiring an additional 13 shares in the last quarter. Advisors Management Group Inc. ADV boosted its stake in shares of Union Pacific by 0.5% during the 2nd quarter. Advisors Management Group Inc. ADV now owns 3,330 shares of the railroad operator’s stock worth $363,000 after acquiring an additional 17 shares in the last quarter. Highland Private Wealth Management boosted its stake in shares of Union Pacific by 0.9% during the 2nd quarter. Highland Private Wealth Management now owns 1,996 shares of the railroad operator’s stock worth $217,000 after acquiring an additional 18 shares in the last quarter. Summit Asset Management LLC boosted its stake in shares of Union Pacific by 0.3% during the 1st quarter. Summit Asset Management LLC now owns 7,206 shares of the railroad operator’s stock worth $763,000 after acquiring an additional 19 shares in the last quarter. Finally, Genovese Burford & Brothers Wealth & Retirement Plan Management LLC boosted its stake in shares of Union Pacific by 0.3% during the 2nd quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 6,579 shares of the railroad operator’s stock worth $716,000 after acquiring an additional 20 shares in the last quarter. 78.64% of the stock is owned by hedge funds and other institutional investors.

Union Pacific (NYSE UNP) opened at $124.62 on Friday. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.97 and a current ratio of 1.16. The stock has a market capitalization of $99,576.85, a price-to-earnings ratio of 22.35, a price-to-earnings-growth ratio of 2.05 and a beta of 0.89. Union Pacific has a one year low of $101.06 and a one year high of $127.86.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, October 26th. The railroad operator reported $1.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.49 by $0.01. The firm had revenue of $5.41 billion during the quarter, compared to analyst estimates of $5.32 billion. Union Pacific had a return on equity of 23.35% and a net margin of 21.84%. The firm’s quarterly revenue was up 4.5% on a year-over-year basis. During the same period last year, the company posted $1.36 EPS. equities research analysts predict that Union Pacific will post 5.78 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 28th. Shareholders of record on Thursday, November 30th will be paid a dividend of $0.665 per share. This is a positive change from Union Pacific’s previous quarterly dividend of $0.61. This represents a $2.66 dividend on an annualized basis and a yield of 2.13%. The ex-dividend date is Wednesday, November 29th. Union Pacific’s dividend payout ratio (DPR) is presently 47.00%.

Several research firms recently commented on UNP. BidaskClub upgraded Union Pacific from a “strong sell” rating to a “sell” rating in a research report on Friday, August 18th. Zacks Investment Research upgraded Union Pacific from a “hold” rating to a “buy” rating and set a $130.00 target price on the stock in a research report on Wednesday, November 1st. Citigroup cut Union Pacific from a “buy” rating to a “neutral” rating and set a $120.00 target price on the stock. in a research report on Wednesday, October 4th. Morgan Stanley cut Union Pacific from an “overweight” rating to an “equal weight” rating and lowered their target price for the company from $102.00 to $100.00 in a research report on Monday, October 2nd. Finally, Stifel Nicolaus raised their target price on Union Pacific from $118.00 to $120.00 and gave the company a “hold” rating in a research report on Friday, August 18th. Three equities research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and four have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $118.53.

ILLEGAL ACTIVITY NOTICE: “Investors Buy Large Volume of Call Options on Union Pacific (UNP)” was originally published by Community Financial News and is owned by of Community Financial News. If you are reading this story on another publication, it was illegally stolen and republished in violation of US & international trademark and copyright law. The legal version of this story can be read at https://www.com-unik.info/2017/12/03/investors-buy-large-volume-of-call-options-on-union-pacific-unp.html.

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.

What are top analysts saying about Union Pacific Co.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Union Pacific Co. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit