Union Pacific’s (UNP) Outperform Rating Reiterated at Royal Bank of Canada

Union Pacific (NYSE:UNP)‘s stock had its “outperform” rating reissued by Royal Bank of Canada in a report issued on Friday, Benzinga reports. They presently have a $275.00 price objective on the railroad operator’s stock. Royal Bank of Canada’s price objective suggests a potential upside of 13.25% from the stock’s previous close.

Several other analysts have also recently weighed in on UNP. StockNews.com cut Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, June 18th. Stifel Nicolaus reduced their target price on shares of Union Pacific from $267.00 to $265.00 and set a “buy” rating for the company in a research report on Wednesday, July 17th. Susquehanna lowered 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. Sanford C. Bernstein decreased their target price on shares of Union Pacific from $290.00 to $273.00 and set an “outperform” rating on the stock in a research report on Monday, July 8th. Finally, TD Cowen dropped their price target on shares of Union Pacific from $259.00 to $255.00 and set a “buy” rating for the company in a research report on Friday, July 26th. Eight investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $258.79.

Union Pacific Stock Performance

UNP traded down $5.62 during trading hours on Friday, reaching $242.82. The company’s stock had a trading volume of 663,475 shares, compared to its average volume of 2,249,766. The company’s 50-day moving average is $245.15 and its 200-day moving average is $239.23. Union Pacific has a 52 week low of $199.33 and a 52 week high of $258.66. The firm has a market cap of $147.93 billion, a PE ratio of 23.19, a price-to-earnings-growth ratio of 2.24 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 (NYSE:UNP) last posted its earnings results 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 company had revenue of $6.01 billion during the quarter, compared to analysts’ expectations of $6.05 billion. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. Union Pacific’s quarterly revenue was up .7% compared to the same quarter last year. During the same quarter last year, the company posted $2.57 EPS. On average, equities analysts forecast that Union Pacific will post 11.11 EPS for the current year.

Insiders Place Their Bets

In other news, President Elizabeth F. Whited sold 3,552 shares of the business’s stock in a transaction dated Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total transaction of $875,887.68. Following the sale, the president now directly owns 64,945 shares in the company, valued at $16,014,787.55. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.28% of the company’s stock.

Institutional Investors Weigh In On Union Pacific

A number of institutional investors have recently made changes to their positions in UNP. 9258 Wealth Management LLC raised its position in shares of Union Pacific by 2.1% in the 4th quarter. 9258 Wealth Management LLC now owns 3,124 shares of the railroad operator’s stock worth $767,000 after acquiring an additional 65 shares in the last quarter. Gryphon Financial Partners LLC boosted its holdings in shares of Union Pacific by 86.8% during the 4th quarter. Gryphon Financial Partners LLC now owns 2,589 shares of the railroad operator’s stock worth $594,000 after buying an additional 1,203 shares in the last quarter. TrinityPoint Wealth LLC grew its position in shares of Union Pacific by 6.9% during the 4th quarter. TrinityPoint Wealth LLC now owns 4,387 shares of the railroad operator’s stock worth $1,077,000 after buying an additional 282 shares during the period. Quest Partners LLC bought a new stake in shares of Union Pacific in the 4th quarter valued at $241,000. Finally, Assetmark Inc. lifted its position in shares of Union Pacific by 78.9% during the 4th quarter. Assetmark Inc. now owns 16,604 shares of the railroad operator’s stock valued at $4,078,000 after acquiring an additional 7,321 shares during the period. 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.