Susquehanna Raises Union Pacific (NYSE:UNP) Price Target to $260.00

Union Pacific (NYSE:UNP) had its target price hoisted by equities researchers at Susquehanna from $250.00 to $260.00 in a note issued to investors on Wednesday, Benzinga reports. The brokerage currently has a “neutral” rating on the railroad operator’s stock. Susquehanna’s price target indicates a potential upside of 5.91% from the stock’s current price.

UNP has been the subject of a number of other research reports. StockNews.com downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday. Daiwa America downgraded shares of Union Pacific from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, September 4th. Sanford C. Bernstein cut their target price on shares of Union Pacific from $290.00 to $273.00 and set an “outperform” rating for the company in a research report on Monday, July 8th. Loop Capital downgraded shares of Union Pacific from a “buy” rating to a “hold” rating and cut their target price for the stock from $276.00 to $238.00 in a research report on Monday, June 17th. Finally, BMO Capital Markets cut their target price on shares of Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a research report on Friday, September 20th. Eight analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $259.32.

Union Pacific Price Performance

UNP stock opened at $245.50 on Wednesday. Union Pacific has a 52-week low of $199.33 and a 52-week high of $258.66. The firm has a market capitalization of $149.56 billion, a price-to-earnings ratio of 23.43, a PEG ratio of 2.25 and a beta of 1.05. The firm has a 50 day moving average price of $245.99 and a 200-day moving average price of $238.83. 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 announced its quarterly earnings data on Thursday, July 25th. The railroad operator reported $2.74 earnings per share for the quarter, topping analysts’ consensus estimates of $2.71 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 $6.01 billion during the quarter, compared to analyst estimates of $6.05 billion. During the same period in the previous year, the business earned $2.57 EPS. The firm’s revenue for the quarter was up .7% on a year-over-year basis. Equities research analysts forecast that Union Pacific will post 11.1 EPS for the current fiscal year.

Insider Activity

In other news, President Elizabeth F. Whited sold 3,552 shares of the company’s stock in a transaction dated 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 directly owns 64,945 shares in the company, valued at approximately $16,014,787.55. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.28% of the company’s stock.

Institutional Trading of Union Pacific

Hedge funds have recently made changes to their positions in the business. OLD Point Trust & Financial Services N A bought a new position in Union Pacific during the 4th quarter valued at about $25,000. Richardson Capital Management LLC bought a new position in Union Pacific during the 1st quarter valued at about $26,000. Raleigh Capital Management Inc. grew its holdings in Union Pacific by 211.4% during the 4th quarter. Raleigh Capital Management Inc. now owns 109 shares of the railroad operator’s stock valued at $27,000 after purchasing an additional 74 shares during the last quarter. Cultivar Capital Inc. bought a new position in Union Pacific during the 2nd quarter valued at about $27,000. Finally, Strategic Investment Solutions Inc. IL bought a new position in Union Pacific in the 2nd quarter worth about $28,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

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.