Union Pacific Co. (NYSE:UNP – Get Rating) reached a new 52-week low on Tuesday after the company announced weaker than expected quarterly earnings. The company traded as low as $183.48 and last traded at $204.35, with a volume of 411297 shares changing hands. The stock had previously closed at $210.13.
The railroad operator reported $2.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.77 by ($0.10). Union Pacific had a return on equity of 56.68% and a net margin of 28.95%. The firm had revenue of $6.18 billion for the quarter, compared to analysts’ expectations of $6.26 billion. During the same period last year, the firm earned $2.66 EPS. The business’s quarterly revenue was up 7.8% on a year-over-year basis.
Union Pacific Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, December 29th. Investors of record on Monday, December 19th were paid a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a yield of 2.56%. The ex-dividend date of this dividend was Friday, December 16th. Union Pacific’s dividend payout ratio (DPR) is 46.39%.
Wall Street Analysts Forecast Growth
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the company. Tyler Stone Wealth Management boosted its stake in Union Pacific by 85.5% during the 2nd quarter. Tyler Stone Wealth Management now owns 128 shares of the railroad operator’s stock valued at $27,000 after purchasing an additional 59 shares during the period. Enterprise Trust & Investment Co acquired a new stake in shares of Union Pacific in the 2nd quarter worth approximately $29,000. Legacy CG LLC acquired a new stake in shares of Union Pacific in the 2nd quarter worth approximately $32,000. Janiczek Wealth Management LLC lifted its stake in shares of Union Pacific by 722.2% in the 2nd quarter. Janiczek Wealth Management LLC now owns 148 shares of the railroad operator’s stock worth $34,000 after acquiring an additional 130 shares during the period. Finally, Castle Wealth Management LLC acquired a new stake in shares of Union Pacific in the 2nd quarter worth approximately $36,000. 77.27% of the stock is owned by institutional investors and hedge funds.
Union Pacific Trading Down 3.3 %
The business’s 50 day moving average price is $211.00 and its two-hundred day moving average price is $212.97. The company has a market capitalization of $124.92 billion, a price-to-earnings ratio of 18.12, a price-to-earnings-growth ratio of 1.79 and a beta of 1.11. The company has a debt-to-equity ratio of 2.70, a quick ratio of 0.63 and a current ratio of 0.77.
About Union Pacific
Union Pacific Corp. engages in the provision of railroad and freight transportation services. Its principal operating company, Union Pacific Railroad Co, operates as a railroad franchise. The Railroad’s diversified business mix includes agricultural products, automotive, chemicals, coal, industrial products, and intermodal.
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