Traders Buy Shares of Union Pacific (UNP) on Weakness

Traders purchased shares of Union Pacific Co. (NYSE:UNP) on weakness during trading on Monday. $206.04 million flowed into the stock on the tick-up and $114.59 million flowed out of the stock on the tick-down, for a money net flow of $91.45 million into the stock. Of all companies tracked, Union Pacific had the 28th highest net in-flow for the day. Union Pacific traded down ($1.33) for the day and closed at $133.10

A number of equities research analysts recently commented on UNP shares. UBS raised Union Pacific from a “neutral” rating to a “buy” rating in a research report on Friday, January 5th. Barclays reissued a “buy” rating and issued a $150.00 price target on shares of Union Pacific in a research report on Wednesday, December 13th. BMO Capital Markets reissued a “buy” rating and issued a $150.00 price target on shares of Union Pacific in a research report on Monday, January 8th. Zacks Investment Research raised Union Pacific from a “hold” rating to a “buy” rating and set a $157.00 price target for the company in a research report on Monday, January 15th. Finally, TD Securities lowered their price target on Union Pacific from $155.00 to $150.00 and set a “buy” rating for the company in a research report on Friday, January 26th. Three equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and eleven have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $136.10.

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The stock has a market cap of $104,761.96, a PE ratio of 22.99, a price-to-earnings-growth ratio of 1.66 and a beta of 0.79. The company has a quick ratio of 0.83, a current ratio of 1.02 and a debt-to-equity ratio of 0.65.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, January 25th. The railroad operator reported $1.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.54 by ($0.01). The business had revenue of $5.45 billion for the quarter, compared to analysts’ expectations of $5.44 billion. Union Pacific had a net margin of 50.43% and a return on equity of 22.26%. The company’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period in the prior year, the business earned $1.39 earnings per share. analysts predict that Union Pacific Co. will post 7.58 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, March 30th. Stockholders of record on Wednesday, February 28th were paid a dividend of $0.73 per share. This is an increase from Union Pacific’s previous quarterly dividend of $0.67. The ex-dividend date was Tuesday, February 27th. This represents a $2.92 annualized dividend and a dividend yield of 2.19%. Union Pacific’s dividend payout ratio is presently 50.43%.

In other news, CFO Robert M. Knight, Jr. sold 25,000 shares of the stock in a transaction on Tuesday, March 20th. The stock was sold at an average price of $137.39, for a total transaction of $3,434,750.00. Following the completion of the transaction, the chief financial officer now owns 106,518 shares in the company, valued at approximately $14,634,508.02. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.20% of the stock is currently owned by corporate insiders.

Several hedge funds have recently bought and sold shares of UNP. Janus Henderson Group PLC boosted its stake in Union Pacific by 990.5% in the 2nd quarter. Janus Henderson Group PLC now owns 2,243,574 shares of the railroad operator’s stock worth $244,339,000 after purchasing an additional 2,037,834 shares during the period. Voya Investment Management LLC boosted its stake in Union Pacific by 88.7% in the 2nd quarter. Voya Investment Management LLC now owns 4,060,423 shares of the railroad operator’s stock worth $442,221,000 after purchasing an additional 1,908,175 shares during the period. Canada Pension Plan Investment Board boosted its stake in Union Pacific by 88.5% in the 3rd quarter. Canada Pension Plan Investment Board now owns 3,558,005 shares of the railroad operator’s stock worth $412,622,000 after purchasing an additional 1,670,095 shares during the period. Arrowstreet Capital Limited Partnership boosted its stake in Union Pacific by 290.6% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 2,187,401 shares of the railroad operator’s stock worth $238,230,000 after purchasing an additional 1,627,453 shares during the period. Finally, Mackenzie Financial Corp boosted its stake in Union Pacific by 248.7% in the 4th quarter. Mackenzie Financial Corp now owns 2,156,861 shares of the railroad operator’s stock worth $289,235,000 after purchasing an additional 1,538,325 shares during the period. Institutional investors own 79.94% of the company’s stock.

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About Union Pacific

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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