Barclays Trims Union Pacific (NYSE:UNP) Target Price to $275.00

Union Pacific (NYSE:UNP) had its price target decreased by Barclays from $280.00 to $275.00 in a research report report published on Friday morning, Benzinga reports. Barclays currently has an overweight rating on the railroad operator’s stock.

Several other analysts also recently commented on the stock. TD Cowen decreased their target price 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. Stifel Nicolaus lowered their target price on shares of Union Pacific from $265.00 to $262.00 and set a “buy” rating on the stock in a research report on Friday. BMO Capital Markets decreased their price target on Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a research note on Friday, September 20th. Benchmark reissued a “buy” rating and issued a $266.00 price objective on shares of Union Pacific in a research note on Friday. Finally, Susquehanna decreased their target price on Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a research report on Friday. Nine investment 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. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $259.15.

Union Pacific Price Performance

Shares of NYSE:UNP opened at $230.30 on Friday. The company has a market cap of $140.51 billion, a P/E ratio of 21.98, a price-to-earnings-growth ratio of 2.23 and a beta of 1.05. The company’s fifty day moving average is $246.02 and its two-hundred day moving average is $238.47. 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 has a 12-month low of $199.97 and a 12-month high of $258.66.

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). Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The company had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.14 billion. During the same period last year, the business earned $2.51 EPS. The company’s quarterly revenue was up 2.5% on a year-over-year basis. Equities analysts expect that Union Pacific will post 11.07 earnings per share 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 transaction of $875,887.68. Following the sale, the president now owns 64,945 shares in the company, valued at $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 available at this link. 0.28% of the stock is currently owned by corporate insiders.

Institutional Trading of Union Pacific

Several institutional investors have recently made changes to their positions in UNP. Wealthcare Advisory Partners LLC boosted its holdings in Union Pacific by 55.2% during the first quarter. Wealthcare Advisory Partners LLC now owns 3,366 shares of the railroad operator’s stock valued at $828,000 after purchasing an additional 1,197 shares in the last quarter. Chemung Canal Trust Co. boosted its stake in Union Pacific by 32.7% in the 1st quarter. Chemung Canal Trust Co. now owns 35,110 shares of the railroad operator’s stock valued at $8,635,000 after buying an additional 8,661 shares in the last quarter. Vicus Capital grew its position in Union Pacific by 175.5% in the first quarter. Vicus Capital now owns 2,466 shares of the railroad operator’s stock valued at $607,000 after acquiring an additional 1,571 shares during the period. Symphony Financial Ltd. Co. raised its stake in Union Pacific by 4.6% during the first quarter. Symphony Financial Ltd. Co. now owns 1,581 shares of the railroad operator’s stock worth $389,000 after acquiring an additional 69 shares in the last quarter. Finally, Founders Financial Securities LLC lifted its holdings in shares of Union Pacific by 6.7% during the first quarter. Founders Financial Securities LLC now owns 8,306 shares of the railroad operator’s stock valued at $2,043,000 after acquiring an additional 520 shares during the period. 80.38% of the stock is currently owned by institutional investors and hedge funds.

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.