Susquehanna Cuts Union Pacific (NYSE:UNP) Price Target to $245.00

Union Pacific (NYSE:UNP) had its price objective decreased by Susquehanna from $255.00 to $245.00 in a research note issued to investors on Friday, MarketBeat.com reports. Susquehanna currently has a neutral rating on the railroad operator’s stock.

A number of other research firms also recently weighed in on UNP. Stifel Nicolaus dropped their price target on Union Pacific from $270.00 to $248.00 and set a “buy” rating on the stock in a research note on Monday, April 14th. Redburn Atlantic upgraded Union Pacific from a “neutral” rating to a “buy” rating and set a $259.00 target price on the stock in a report on Wednesday, April 16th. Raymond James reduced their price target on shares of Union Pacific from $260.00 to $258.00 and set a “strong-buy” rating for the company in a research report on Friday. TD Cowen upped their price objective on shares of Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Finally, Jefferies Financial Group reduced their price objective on shares of Union Pacific from $255.00 to $230.00 and set a “hold” rating for the company in a report on Wednesday, April 9th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $258.00.

Union Pacific Price Performance

Union Pacific stock opened at $213.35 on Friday. The stock’s 50 day moving average price is $231.67 and its two-hundred day moving average price is $235.64. The stock has a market capitalization of $127.86 billion, a price-to-earnings ratio of 19.24, a PEG ratio of 2.15 and a beta of 1.06. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77. Union Pacific has a 52-week low of $204.66 and a 52-week high of $258.07.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, April 24th. The railroad operator reported $2.70 EPS for the quarter, missing analysts’ consensus estimates of $2.79 by ($0.09). Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. The company had revenue of $6.03 billion during the quarter, compared to analyst estimates of $6.11 billion. On average, equities analysts predict that Union Pacific will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, February 28th were given a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a yield of 2.51%. The ex-dividend date of this dividend was Friday, February 28th. Union Pacific’s dividend payout ratio is currently 48.29%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Howard Capital Management Group LLC lifted its stake in shares of Union Pacific by 16.4% during the 3rd quarter. Howard Capital Management Group LLC now owns 2,860 shares of the railroad operator’s stock valued at $705,000 after buying an additional 403 shares in the last quarter. Anchor Investment Management LLC lifted its position in shares of Union Pacific by 0.6% during the third quarter. Anchor Investment Management LLC now owns 43,071 shares of the railroad operator’s stock worth $10,616,000 after acquiring an additional 276 shares in the last quarter. World Investment Advisors LLC boosted its holdings in shares of Union Pacific by 103.1% in the third quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator’s stock worth $8,770,000 after acquiring an additional 18,060 shares during the period. Arvest Bank Trust Division purchased a new position in shares of Union Pacific in the third quarter valued at $16,680,000. Finally, Wilmington Savings Fund Society FSB raised its stake in shares of Union Pacific by 124.1% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 52,963 shares of the railroad operator’s stock valued at $13,054,000 after purchasing an additional 29,330 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.

About Union Pacific

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.