Union Pacific Corporation(NYSE:UNP) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Jul 21, 2016. Company reported revenue of $4.77B. Analysts estimated a revenue of $4.78B. Earnings per share were $1.17. Analysts had estimated an EPS of $1.17.
In a different note, On Jun 20, 2016, Scotia said it Downgrades its rating on Union Pacific Corporation. In the research note, the firm Lowers the price-target to $93.00 per share. The shares have been rated ‘Sector Perform’ by the firm. Oppenheimer said it Initiates Coverage on Union Pacific Corporation, according to a research note issued on Jun 16, 2016. The shares have been rated ‘Perform’ by the firm. On Jun 3, 2016, Morgan Stanley said it Upgrades its rating on Union Pacific Corporation. In the research note, the firm Raises the price-target to $78.00 per share. The shares have been rated ‘Overweight’ by the firm. CLSA said it Initiates Coverage on Union Pacific Corporation, according to a research note issued on May 19, 2016. The shares have been rated ‘Sell’ by the firm.
Union Pacific Corporation (UNP) made into the market gainers list on Wednesdays trading session with the shares advancing 0.18% or 0.17 points. Due to strong positive momentum, the stock ended at $94.12, which is also near the day’s high of $94.32. The stock began the session at $92.73 and the volume stood at 42,45,006 shares. The 52-week high of the shares is $99.71 and the 52 week low is $67.06. The company has a current market capitalization of $79,158 M and it has 84,10,34,310 shares in outstanding.
Several Insider Transactions has been reported to the SEC. On Jun 6, 2016, Diane K Duren (EVP & CORPORATE SECRETARY) sold 2,500 shares at $85.46 per share price.Also, On Mar 14, 2016, Richards Judith Hope (director) sold 4,000 shares at $81.15 per share price.On Feb 25, 2016, Andrew H Jr Card (director) purchased 1,000 shares at $78.98 per share price, according to the Form-4 filing with the securities and exchange commission.
Union Pacific Corporation operates through its principal operating company Union Pacific Railroad Company. The Company is a Class I railroad operating in the United States which has 31974 route miles and maintains coordinated schedules with other rail carriers to move freight. It links 23 states in the western two-thirds of the country by rail providing a supply chain link around the world. Its business mix includes agricultural products automotive chemicals coal industrial products and intermodal. The Company serves United States population centers operates from West Coast and Gulf Coast ports to eastern gateways connects with Canada’s rail systems and serves six Mexico gateways. The Company’s freight traffic consists of bulk manifest and premium business.