Union Pacific (NYSE:UNP) PT Raised to $275.00 at Raymond James

Union Pacific (NYSE:UNP) had its target price lifted by equities research analysts at Raymond James from $265.00 to $275.00 in a research report issued to clients and investors on Monday, Benzinga reports. The firm currently has a “strong-buy” rating on the railroad operator’s stock. Raymond James’ price target would suggest a potential upside of 11.88% from the stock’s previous close.

A number of other analysts have also issued reports on the stock. Bank of America dropped their price objective on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a research note on Tuesday, September 24th. Susquehanna lifted their price objective on shares of Union Pacific from $250.00 to $260.00 and gave the company a “neutral” rating in a research note on Wednesday, October 2nd. Evercore ISI lowered shares of Union Pacific from an “outperform” rating to an “inline” rating and dropped their price objective for the company from $254.00 to $247.00 in a research note on Wednesday, September 25th. Daiwa America lowered shares of Union Pacific from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, September 4th. Finally, BMO Capital Markets dropped their price objective on shares of Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a research note on Friday, September 20th. Nine analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Union Pacific has a consensus rating of “Moderate Buy” and an average target price of $259.25.

Union Pacific Price Performance

UNP opened at $245.79 on Monday. The company’s 50 day simple moving average is $246.03 and its 200 day simple moving average is $238.54. 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 has a 1 year low of $199.97 and a 1 year high of $258.66. The stock has a market capitalization of $149.96 billion, a PE ratio of 23.45, a P/E/G ratio of 2.21 and a beta of 1.05.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, July 25th. The railroad operator reported $2.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.71 by $0.03. The business had revenue of $6.01 billion for 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%. The company’s quarterly revenue was up .7% on a year-over-year basis. During the same period last year, the company earned $2.57 earnings per share. As a group, sell-side analysts expect that Union Pacific will post 11.06 EPS for the current year.

Insider Buying and Selling at Union Pacific

In other news, President Elizabeth F. Whited sold 3,552 shares of the firm’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 completion of the transaction, the president now owns 64,945 shares in the company, valued at approximately $16,014,787.55. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 0.28% of the stock is owned by corporate insiders.

Institutional Trading of Union Pacific

A number of hedge funds have recently bought and sold shares of the company. Boomfish Wealth Group LLC lifted its stake in Union Pacific by 2.2% during the third quarter. Boomfish Wealth Group LLC now owns 6,218 shares of the railroad operator’s stock valued at $1,533,000 after buying an additional 135 shares in the last quarter. Creative Planning lifted its stake in Union Pacific by 6.7% during the third quarter. Creative Planning now owns 258,290 shares of the railroad operator’s stock valued at $62,439,000 after buying an additional 16,272 shares in the last quarter. CX Institutional lifted its stake in Union Pacific by 165.4% during the third quarter. CX Institutional now owns 39,995 shares of the railroad operator’s stock valued at $9,858,000 after buying an additional 24,927 shares in the last quarter. Sivia Capital Partners LLC lifted its stake in Union Pacific by 9.5% during the third quarter. Sivia Capital Partners LLC now owns 1,633 shares of the railroad operator’s stock valued at $403,000 after buying an additional 142 shares in the last quarter. Finally, Grove Bank & Trust lifted its stake in Union Pacific by 5.1% during the third quarter. Grove Bank & Trust now owns 3,459 shares of the railroad operator’s stock valued at $853,000 after buying an additional 167 shares in the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.

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.