Union Pacific (NYSE:UNP) PT Lowered to $275.00

Union Pacific (NYSE:UNP) had its target price decreased by equities research analysts at BMO Capital Markets from $280.00 to $275.00 in a research note issued to investors on Friday, Benzinga reports. The firm presently has an “outperform” rating on the railroad operator’s stock. BMO Capital Markets’ target price would indicate a potential upside of 12.68% from the stock’s previous close.

Several other equities research analysts also recently commented on the stock. Loop Capital downgraded shares of Union Pacific from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $276.00 to $238.00 in a research note on Monday, June 17th. Daiwa America downgraded Union Pacific from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, September 4th. TD Cowen reduced their price objective on Union Pacific from $259.00 to $255.00 and set a “buy” rating for the company in a research note on Friday, July 26th. Susquehanna dropped their price target on shares of Union Pacific from $270.00 to $250.00 and set a “neutral” rating on the stock in a research report on Tuesday, June 25th. Finally, Barclays decreased their price objective on shares of Union Pacific from $290.00 to $280.00 and set an “overweight” rating for the company in a research report on Friday, July 26th. Eight research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $258.79.

Union Pacific Stock Down 1.8 %

Shares of NYSE UNP traded down $4.39 during mid-day trading on Friday, reaching $244.05. 1,916,283 shares of the company were exchanged, compared to its average volume of 2,256,649. Union Pacific has a 1 year low of $199.33 and a 1 year high of $258.66. The firm has a 50-day moving average of $245.15 and a 200 day moving average of $239.23. The stock has a market cap of $148.68 billion, a price-to-earnings ratio of 23.29, a P/E/G ratio of 2.24 and a beta of 1.05. The company has a quick ratio of 0.86, a current ratio of 1.05 and a debt-to-equity ratio of 1.89.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, July 25th. The railroad operator reported $2.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.71 by $0.03. The firm had revenue of $6.01 billion for the quarter, compared to the consensus estimate of $6.05 billion. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The company’s quarterly revenue was up .7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.57 EPS. On average, research analysts expect that Union Pacific will post 11.11 earnings per share for the current year.

Insider Transactions at Union Pacific

In related news, President Elizabeth F. Whited sold 3,552 shares of the stock in a transaction that occurred on Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total value 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. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 0.28% of the company’s stock.

Institutional Investors Weigh In On Union Pacific

A number of hedge funds have recently modified their holdings of the company. OLD Point Trust & Financial Services N A purchased a new stake in shares of Union Pacific in the 4th quarter valued at approximately $25,000. Richardson Capital Management LLC purchased a new position in Union Pacific in the first quarter worth approximately $26,000. Raleigh Capital Management Inc. increased its stake in Union Pacific by 211.4% during the fourth quarter. Raleigh Capital Management Inc. now owns 109 shares of the railroad operator’s stock worth $27,000 after acquiring an additional 74 shares during the last quarter. Strategic Investment Solutions Inc. IL purchased a new stake in Union Pacific in the second quarter valued at $28,000. Finally, Scarborough Advisors LLC acquired a new position in shares of Union Pacific in the 4th quarter valued at $29,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Company Profile

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.