Wells Fargo & Company Lowers Union Pacific (NYSE:UNP) Price Target to $265.00

Union Pacific (NYSE:UNP) had its price objective decreased by stock analysts at Wells Fargo & Company from $267.00 to $265.00 in a report released on Tuesday,Benzinga reports. The firm presently has an “overweight” rating on the railroad operator’s stock. Wells Fargo & Company‘s target price would suggest a potential upside of 14.43% from the company’s current price.

Several other brokerages also recently commented on UNP. Bank of America lowered their target price on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a research note on Tuesday, September 24th. TD Cowen lowered their price objective on shares of Union Pacific from $255.00 to $252.00 and set a “buy” rating for the company in a research report on Friday, October 25th. JPMorgan Chase & Co. dropped their price objective on Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. Citigroup boosted their target price on Union Pacific from $255.00 to $267.00 and gave the company a “neutral” rating in a research note on Tuesday, November 12th. Finally, Benchmark reaffirmed a “buy” rating and set a $266.00 price target on shares of Union Pacific in a research report on Friday, October 25th. Nine analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $260.30.

Union Pacific Stock Up 0.5 %

NYSE:UNP opened at $231.58 on Tuesday. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. Union Pacific has a 12-month low of $218.55 and a 12-month high of $258.66. The stock’s fifty day simple moving average is $234.80 and its 200-day simple moving average is $238.68. The firm has a market capitalization of $140.40 billion, a P/E ratio of 21.27, a P/E/G ratio of 2.33 and a beta of 1.06.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). The company had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. Union Pacific’s quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter last year, the business posted $2.51 EPS. Equities research analysts expect that Union Pacific will post 10.94 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. State Street Corp grew its stake in shares of Union Pacific by 0.9% in the third quarter. State Street Corp now owns 24,788,337 shares of the railroad operator’s stock valued at $6,109,829,000 after buying an additional 217,780 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Union Pacific by 1.4% in the 3rd quarter. Geode Capital Management LLC now owns 12,813,686 shares of the railroad operator’s stock valued at $3,146,451,000 after acquiring an additional 182,620 shares during the period. Ameriprise Financial Inc. grew its position in shares of Union Pacific by 1.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 8,312,154 shares of the railroad operator’s stock valued at $1,880,701,000 after acquiring an additional 106,996 shares during the period. Franklin Resources Inc. raised its holdings in shares of Union Pacific by 9.3% in the 3rd quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator’s stock valued at $1,795,993,000 after purchasing an additional 625,492 shares during the period. Finally, Fisher Asset Management LLC lifted its stake in Union Pacific by 2.3% in the 3rd quarter. Fisher Asset Management LLC now owns 6,285,585 shares of the railroad operator’s stock valued at $1,549,271,000 after purchasing an additional 143,896 shares during the last quarter. 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.