Credit Suisse Group Reiterates “$203.00” Price Target for Union Pacific (NYSE:UNP)

Credit Suisse Group set a $203.00 price target on Union Pacific (NYSE:UNP) in a research report released on Friday, TipRanks reports. The firm currently has a buy rating on the railroad operator’s stock.

UNP has been the topic of a number of other reports. Sanford C. Bernstein set a $177.00 price target on Union Pacific and gave the stock a hold rating in a report on Friday. Goldman Sachs Group cut EXPERIAN PLC/ADR from a buy rating to a neutral rating in a report on Wednesday, July 10th. Morgan Stanley set a $620.00 price target on Intuitive Surgical and gave the stock a buy rating in a report on Friday. Citigroup set a $20.00 price target on Compania de Minas Buenaventura SAA and gave the stock a buy rating in a report on Thursday, April 4th. Finally, ValuEngine cut United Rentals from a sell rating to a strong sell rating in a report on Thursday, July 18th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and thirteen have given a buy rating to the company’s stock. Union Pacific currently has an average rating of Buy and a consensus price target of $182.00.

NYSE UNP traded down $0.36 during trading hours on Friday, reaching $173.22. The company’s stock had a trading volume of 2,566,103 shares, compared to its average volume of 3,697,780. The business’s 50-day moving average is $170.25. The company has a quick ratio of 0.58, a current ratio of 0.72 and a debt-to-equity ratio of 1.26. Union Pacific has a 1 year low of $128.08 and a 1 year high of $180.02. The stock has a market cap of $122.42 billion, a P/E ratio of 21.90, a price-to-earnings-growth ratio of 1.97 and a beta of 1.04.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, July 18th. The railroad operator reported $2.22 EPS for the quarter, topping the Zacks’ consensus estimate of $2.12 by $0.10. Union Pacific had a return on equity of 31.74% and a net margin of 26.95%. The company had revenue of $5.60 billion for the quarter, compared to analysts’ expectations of $5.62 billion. During the same period in the previous year, the firm earned $1.98 EPS. The firm’s revenue was down 1.3% compared to the same quarter last year. Sell-side analysts anticipate that Union Pacific will post 8.88 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, May 31st were issued a dividend of $0.88 per share. The ex-dividend date was Thursday, May 30th. This represents a $3.52 annualized dividend and a dividend yield of 2.03%. Union Pacific’s dividend payout ratio (DPR) is 44.50%.

In other news, EVP Robert M. Knight, Jr. sold 1,380 shares of the company’s stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $180.01, for a total transaction of $248,413.80. Following the sale, the executive vice president now directly owns 94,943 shares of the company’s stock, valued at approximately $17,090,689.43. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director William J. Delaney III acquired 5,000 shares of the firm’s stock in a transaction dated Monday, May 20th. The shares were purchased at an average cost of $174.06 per share, for a total transaction of $870,300.00. Following the completion of the acquisition, the director now directly owns 5,000 shares in the company, valued at $870,300. The disclosure for this purchase can be found here. 9.96% of the stock is owned by corporate insiders.

Several institutional investors and hedge funds have recently modified their holdings of the company. Banco Santander S.A. raised its holdings in Union Pacific by 62.7% in the fourth quarter. Banco Santander S.A. now owns 3,722 shares of the railroad operator’s stock worth $514,000 after purchasing an additional 1,434 shares during the period. Highland Private Wealth Management increased its position in shares of Union Pacific by 10.3% during the fourth quarter. Highland Private Wealth Management now owns 2,254 shares of the railroad operator’s stock worth $312,000 after acquiring an additional 210 shares in the last quarter. U S Global Investors Inc. increased its position in shares of Union Pacific by 4.0% during the fourth quarter. U S Global Investors Inc. now owns 2,945 shares of the railroad operator’s stock worth $407,000 after acquiring an additional 113 shares in the last quarter. Hutner Capital Management Inc. increased its position in shares of Union Pacific by 8.7% during the fourth quarter. Hutner Capital Management Inc. now owns 5,076 shares of the railroad operator’s stock worth $702,000 after acquiring an additional 405 shares in the last quarter. Finally, Haverford Trust Co. increased its position in shares of Union Pacific by 1.0% during the fourth quarter. Haverford Trust Co. now owns 54,153 shares of the railroad operator’s stock worth $7,486,000 after acquiring an additional 520 shares in the last quarter. 78.93% of the stock is currently owned by institutional investors and hedge funds.

About Union Pacific

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages in the railroad business in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, fertilizers, and food and beverage products; coal and sand, as well as petroleum, liquid petroleum gases, and renewables; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, and soda ash, as well as intermodal and finished vehicles.

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