Union Pacific (NYSE:UNP) Hits New 1-Year Low After Earnings Miss

Union Pacific Co. (NYSE:UNPGet 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

Several research firms recently issued reports on UNP. Daiwa Capital Markets dropped their price target on shares of Union Pacific to $190.00 in a research note on Thursday, October 27th. Citigroup dropped their target price on shares of Union Pacific from $210.00 to $207.00 and set a “neutral” rating for the company in a research report on Friday, October 21st. Evercore ISI raised shares of Union Pacific from an “in-line” rating to an “outperform” rating and boosted their target price for the stock from $204.00 to $232.00 in a research report on Tuesday, December 20th. UBS Group dropped their target price on shares of Union Pacific from $212.00 to $210.00 and set a “neutral” rating for the company in a research report on Friday, October 21st. Finally, Benchmark dropped their target price on shares of Union Pacific to $220.00 in a research report on Thursday, October 13th. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $217.30.

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

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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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