Union Pacific Co. (NYSE:UNP) saw a significant decline in short interest during the month of June. As of June 30th, there was short interest totalling 5,718,400 shares, a decline of 18.8% from the May 30th total of 7,040,900 shares. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company. The stock has a market capitalization of $120.03 billion, a price-to-earnings ratio of 21.82, a price-to-earnings-growth ratio of 1.89 and a beta of 1.04. Also, Director William J. Delaney III purchased 5,000 shares of Union Pacific stock in a transaction that occurred on Monday, May 20th.
Wall Street Week Ahead: Union Pacific, other freight co earnings eyed for tariff effects. NEW YORK (Reuters) - Results from two major U.S. railroads next week are likely to attract more scrutiny than usual as investors look for signs of how deeply U.S. President Donald Trump's multi-front trade war is affecting freight companies and the wider economy. Among those reporting as the second quarter earnings season kicks off next week are Union Pacific Corp on Thursday and Kansas City Southern on Friday, amid worries that new U.S. import tariffs threatened by the Trump administration could also herald weakening demand for goods movers, including truckers, container companies and package carriers. Road and rail stocks have handily outperformed the broader market since Trump fired the trade war's opening salvo in January 2018. But that could be attributable in part to companies beefing up their inventories, which have been steadily on the rise as companies "front load" imports to stay ahead of potential tariff-related price hikes.
Union Pacific's (NYSE: UNP) intermodal rail service saw average speeds sink to a two-year low in the second quarter, with shippers and intermodal marketing companies reporting extensive delays in getting their freight from the railroad. The service hit came during an overall lull for West Coast container imports. And many of the delays were due to the extreme rains and flooding that hit the U.S. Midwest. But shippers also say the railroad's efficiency drive may have also contributed to the service deterioration. High winds and severe rains forced Union Pacific to run shorter trains at slower speeds, so cargo has not been as quickly throughout its system in the last few months. In June, Mediterranean Shipping Company (MSC) said BNSF would replace Union Pacific for its intermodal rail service out of marine terminals in Los Angeles and Long Beach.
OMAHA, Neb., July 11, 2019 /PRNewswire/ -- You are invited to listen to Union Pacific Corporation's (UNP) second quarter 2019 earnings release presentation that will be broadcast live over the Internet and via teleconference on Thursday, July 18, 2019, at 8:45 a.m. Eastern Time. Live over the Internet. If you are unable to participate during the live teleconference, presentation materials and the call will be archived on Union Pacific's website at www.up.com/investor. One of America's most recognized companies, Union Pacific Railroad connects 23 states in the western two-thirds of the country by rail, providing a critical link in the global supply chain. Union Pacific serves many of the fastest-growing U.S. population centers, operates from all major West Coast and Gulf Coast ports to eastern gateways, connects with Canada's rail systems and is the only railroad serving all six major Mexico gateways.
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Zurcher Kantonalbank (Zurich Cantonalbank) holds 0.66% of its portfolio in Union Pacific Corporation (NYSE:UNP) for 437,419 shares. The Georgia-based Vident Inv Advisory Limited Liability Co has invested 0.01% in Union Pacific Corporation (NYSE:UNP). The institutional investor held 485,645 shares of the railroads company at the end of 2019Q1, valued at $81.31 million, down from 535,843 at the end of the previous reported quarter. More notable recent Union Pacific Corporation (NYSE:UNP) news were published by: Seekingalpha.com which released: “Union Pacific Q4 2018 Earnings Preview – Seeking Alpha” on January 23, 2019, also Seekingalpha.com with their article: “Union Pacific Could Face More Headwinds – Seeking Alpha” published on June 12, 2019, Finance.Yahoo.com published: “Hereâ€™s What Hedge Funds Think About Broadcom Inc (AVGO) – Yahoo Finance” on June 07, 2019.
According to Zacks, analysts expect that Union Pacific will report full year sales of $23.26 billion for the current fiscal year, with estimates ranging from $22.82 billion to $23.50 billion. For the next financial year, analysts anticipate that the business will post sales of $24.47 billion, with estimates ranging from $23.46 billion to $24.82 billion. Zacks’ sales calculations are a mean average based on a survey of research analysts that follow Union Pacific. The railroad operator reported $1.93 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.89 by $0.04. In related news, Director William J. Delaney III acquired 5,000 shares of Union Pacific stock in a transaction on Monday, May 20th.
Between the start and the closing of the latest trading session, Union Pacific Corporation [NYSE: UNP] had 1.53 million shares being bought and sold. The price of the stock additionally went down to $128.08 during that period and UNP managed to take a rebound to $180.02 in the last 52 weeks. This is compared to 1 month ago, when its average rating was 2.14. For the quarter ending in Mar-19 Union Pacific Corporation [UNP] generated $5.38 billion in sales. Union Pacific Corporation [UNP] has a Price to Book Ratio of 4.91, a Price to Cash Flow Ratio of 12.00 and P/E Ratio of 20.79.
BlackRock Inc. now owns 48,020,051 shares of the railroad operator’s stock valued at $6,637,811,000 after purchasing an additional 1,029,260 shares during the period. Oregon Public Employees Retirement Fund grew its stake in Union Pacific by 18,524.9% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 32,738,808 shares of the railroad operator’s stock valued at $237,000 after acquiring an additional 32,563,028 shares in the last quarter. In related news, EVP Rhonda S. Ferguson sold 11,485 shares of the stock in a transaction dated Thursday, April 18th. Insiders sold a total of 22,865 shares of company stock worth $3,958,389 over the last ninety days. During the same period in the prior year, the firm earned $1.68 EPS. As a group, equities research analysts expect that Union Pacific Co. will post 9 EPS for the current fiscal year.