Union Pacific (NYSE:UNP) Price Target Cut to $272.00 by Analysts at Sanford C. Bernstein

Union Pacific (NYSE:UNP) had its price target lowered by investment analysts at Sanford C. Bernstein from $277.00 to $272.00 in a research note issued to investors on Wednesday, Benzinga reports. The firm presently has an “outperform” rating on the railroad operator’s stock. Sanford C. Bernstein’s target price would indicate a potential upside of 14.49% from the stock’s current price.

A number of other equities research analysts have also recently weighed in on UNP. TD Cowen cut their price target on Union Pacific from $259.00 to $255.00 and set a “buy” rating on the stock in a report on Friday, July 26th. Evercore ISI lowered shares of Union Pacific from an “outperform” rating to an “inline” rating and lowered their price objective for the company from $254.00 to $247.00 in a research note on Wednesday, September 25th. Benchmark reiterated a “buy” rating and set a $266.00 price objective on shares of Union Pacific in a research note on Monday, July 29th. Loop Capital lowered shares of Union Pacific from a “buy” rating to a “hold” rating and lowered their price objective for the company from $276.00 to $238.00 in a research note on Monday, June 17th. Finally, Susquehanna raised their price objective on shares of Union Pacific from $250.00 to $260.00 and gave the company a “neutral” rating in a research note on Wednesday, October 2nd. Nine analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $259.50.

Union Pacific Stock Performance

Shares of UNP traded up $0.01 during mid-day trading on Wednesday, reaching $237.57. 765,260 shares of the company’s stock traded hands, compared to its average volume of 2,274,805. The business’s 50-day moving average price is $245.92 and its 200-day moving average price is $238.62. The stock has a market capitalization of $144.73 billion, a P/E ratio of 22.67, a price-to-earnings-growth ratio of 2.20 and a beta of 1.05. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.86 and a current ratio of 1.05. Union Pacific has a 12 month low of $199.97 and a 12 month high of $258.66.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, July 25th. The railroad operator reported $2.74 earnings per share for the quarter, beating analysts’ consensus estimates of $2.71 by $0.03. The company had revenue of $6.01 billion for the quarter, compared to analysts’ expectations of $6.05 billion. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. The business’s revenue for the quarter was up .7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.57 earnings per share. Equities analysts predict that Union Pacific will post 11.1 earnings per share for the current year.

Insider Buying and Selling at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 3,552 shares of Union Pacific stock in a transaction on Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total transaction of $875,887.68. Following the completion of the sale, the president now owns 64,945 shares of the company’s stock, valued at $16,014,787.55. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 0.28% of the company’s stock.

Institutional Investors Weigh In On Union Pacific

Institutional investors and hedge funds have recently modified their holdings of the business. Richardson Capital Management LLC acquired a new stake in shares of Union Pacific in the 1st quarter valued at $26,000. Raleigh Capital Management Inc. lifted its stake in shares of Union Pacific by 211.4% in the 4th quarter. Raleigh Capital Management Inc. now owns 109 shares of the railroad operator’s stock valued at $27,000 after purchasing an additional 74 shares during the last quarter. Cultivar Capital Inc. bought a new position in Union Pacific in the 2nd quarter worth $27,000. Strategic Investment Solutions Inc. IL acquired a new position in Union Pacific during the 2nd quarter worth $28,000. Finally, Scarborough Advisors LLC bought a new stake in Union Pacific during the fourth quarter valued at about $29,000. Institutional investors and hedge funds 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.