Union Pacific (NYSE:UNP) Price Target Cut to $252.00

Union Pacific (NYSE:UNP) had its price target lowered by equities researchers at TD Cowen from $255.00 to $252.00 in a research report issued on Friday, Benzinga reports. The firm presently has a “buy” rating on the railroad operator’s stock. TD Cowen’s price objective suggests a potential upside of 9.42% from the company’s previous close.

Other equities research analysts also recently issued research reports about the company. StockNews.com downgraded Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, October 1st. Barclays lowered their target price on shares of Union Pacific from $280.00 to $275.00 and set an “overweight” rating for the company in a research note on Friday. Wells Fargo & Company cut their price target on shares of Union Pacific from $270.00 to $255.00 and set an “overweight” rating on the stock in a research note on Friday. Citigroup began coverage on shares of Union Pacific in a research note on Wednesday, October 9th. They set a “neutral” rating and a $264.00 price objective for the company. Finally, Daiwa America downgraded Union Pacific from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, September 4th. Nine research 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’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $259.15.

Union Pacific Trading Down 0.2 %

NYSE UNP opened at $230.30 on Friday. Union Pacific has a 52 week low of $199.97 and a 52 week high of $258.66. The company has a 50 day moving average price of $246.02 and a 200 day moving average price of $238.46. The company has a quick ratio of 0.86, a current ratio of 1.05 and a debt-to-equity ratio of 1.89. The firm has a market cap of $140.30 billion, a PE ratio of 21.62, a price-to-earnings-growth ratio of 2.23 and a beta of 1.05.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.76 by ($0.01). The business had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.14 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 2.5% on a year-over-year basis. During the same period in the previous year, the company posted $2.51 earnings per share. As a group, sell-side analysts forecast that Union Pacific will post 11.07 EPS for the current fiscal year.

Insider Activity 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 value of $875,887.68. Following the completion of the transaction, the president now owns 64,945 shares of the company’s stock, valued at approximately $16,014,787.55. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.28% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in UNP. Richardson Capital Management LLC purchased a new position in Union Pacific during the first quarter valued at $26,000. Cultivar Capital Inc. purchased a new position in Union Pacific in the 2nd quarter valued at about $27,000. Strategic Investment Solutions Inc. IL acquired a new stake in Union Pacific in the 2nd quarter worth about $28,000. Tributary Capital Management LLC purchased a new stake in Union Pacific during the 1st quarter worth approximately $30,000. Finally, Financial Gravity Asset Management Inc. raised its holdings in shares of Union Pacific by 3,250.0% during the second quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock valued at $30,000 after acquiring an additional 130 shares during the last quarter. Hedge funds and other institutional investors 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.