Union Pacific (NYSE:UNP) PT Lowered to $272.00

by · The Cerbat Gem

Union Pacific (NYSE:UNP – Get Free Report) had its price target decreased by stock analysts at Sanford C. Bernstein from $277.00 to $272.00 in a research note issued on Wednesday, Benzinga reports. The firm currently has an “outperform” rating on the railroad operator’s stock. Sanford C. Bernstein’s price target suggests a potential upside of 13.88% from the stock’s previous close.

Several other analysts also recently weighed in on UNP. Evercore ISI downgraded shares of Union Pacific from an “outperform” rating to an “inline” rating and dropped their target price for the stock from $254.00 to $247.00 in a research report on Wednesday, September 25th. Royal Bank of Canada boosted their target price on shares of Union Pacific from $275.00 to $288.00 and gave the stock an “outperform” rating in a research report on Monday, September 30th. StockNews.com downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. BMO Capital Markets dropped their target price on shares of Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a research report on Friday, September 20th. Finally, Bank of America dropped their target price on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a research report on Tuesday, September 24th. Nine equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $259.50.

Check Out Our Latest Analysis on UNP

Union Pacific Price Performance

UNP opened at $238.84 on Wednesday. The firm has a market capitalization of $145.50 billion, a PE ratio of 22.43, a price-to-earnings-growth ratio of 2.19 and a beta of 1.05. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.05 and a quick ratio of 0.86. The business’s 50-day moving average is $245.74 and its two-hundred day moving average is $238.62. Union Pacific has a 1 year low of $199.97 and a 1 year high of $258.66.

Union Pacific (NYSE:UNP – Get Free Report) 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. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The firm had revenue of $6.01 billion for the quarter, compared to the consensus estimate of $6.05 billion. During the same quarter in the previous year, the firm earned $2.57 EPS. The company’s quarterly revenue was up .7% compared to the same quarter last year. Research analysts anticipate that Union Pacific will post 11.1 earnings per share for the current fiscal year.

Insider Activity at Union Pacific

In related news, President Elizabeth F. Whited sold 3,552 shares of the business’s stock in a transaction on Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total value of $875,887.68. Following the completion of the transaction, the president now directly owns 64,945 shares in the company, valued at $16,014,787.55. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 0.28% of the company’s stock.

Hedge Funds Weigh In On Union Pacific

Large investors have recently made changes to their positions in the company. Webster Bank N. A. raised its position in Union Pacific by 4.1% during the third quarter. Webster Bank N. A. now owns 3,845 shares of the railroad operator’s stock worth $948,000 after acquiring an additional 153 shares during the period. Darrow Company Inc. acquired a new position in Union Pacific during the third quarter worth $229,000. Exchange Traded Concepts LLC raised its position in Union Pacific by 1,306.3% during the third quarter. Exchange Traded Concepts LLC now owns 450 shares of the railroad operator’s stock worth $111,000 after acquiring an additional 418 shares during the period. Carnegie Investment Counsel raised its position in Union Pacific by 2.4% during the third quarter. Carnegie Investment Counsel now owns 117,548 shares of the railroad operator’s stock worth $28,972,000 after acquiring an additional 2,719 shares during the period. Finally, City State Bank raised its position in Union Pacific by 15.6% during the third quarter. City State Bank now owns 2,925 shares of the railroad operator’s stock worth $721,000 after acquiring an additional 395 shares during the period. 80.38% of the stock is currently owned by institutional investors and hedge funds.

About Union Pacific

(Get Free Report)

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.

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