Stifel Nicolaus Lowers Union Pacific (NYSE:UNP) Price Target to $262.00

Union Pacific (NYSE:UNP) had its price target decreased by research analysts at Stifel Nicolaus from $265.00 to $262.00 in a report issued on Friday, Benzinga reports. The firm presently has a “buy” rating on the railroad operator’s stock. Stifel Nicolaus’ price target suggests a potential upside of 13.46% from the company’s current price.

A number of other equities analysts also recently commented on the company. StockNews.com downgraded Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. TD Cowen cut their price objective on Union Pacific from $259.00 to $255.00 and set a “buy” rating on the stock in a report on Friday, July 26th. Evercore ISI cut Union Pacific from an “outperform” rating to an “inline” rating and lowered their target price for the stock from $254.00 to $247.00 in a research note on Wednesday, September 25th. JPMorgan Chase & Co. lowered their target price on Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a research note on Friday. Finally, Wells Fargo & Company lowered their price objective on Union Pacific from $270.00 to $255.00 and set an “overweight” rating for the company in a research report on Friday. Nine equities research 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 company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $259.80.

Union Pacific Stock Performance

Shares of NYSE:UNP traded up $0.16 during trading on Friday, hitting $230.91. The stock had a trading volume of 1,091,727 shares, compared to its average volume of 2,272,301. Union Pacific has a 12-month low of $199.97 and a 12-month high of $258.66. The stock has a market capitalization of $140.67 billion, a price-to-earnings ratio of 21.69, a price-to-earnings-growth ratio of 2.23 and a beta of 1.05. The company has a quick ratio of 0.86, a current ratio of 1.05 and a debt-to-equity ratio of 1.89. The stock has a 50-day simple moving average of $246.31 and a two-hundred day simple moving average of $238.55.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing the consensus estimate of $2.76 by ($0.01). Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The business had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. During the same period in the previous year, the business posted $2.51 earnings per share. The firm’s revenue for the quarter was up 2.5% on a year-over-year basis. On average, equities research analysts expect that Union Pacific will post 11.07 earnings per share for the current fiscal year.

Insider Buying and Selling at Union Pacific

In other news, President Elizabeth F. Whited sold 3,552 shares of Union Pacific stock in a transaction that occurred on 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 owns 64,945 shares of the company’s stock, valued at approximately $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 SEC, which is accessible through the SEC website. 0.28% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of UNP. Ameriprise Financial Inc. grew its holdings in shares of Union Pacific by 1.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 8,312,154 shares of the railroad operator’s stock valued at $1,880,701,000 after acquiring an additional 106,996 shares in the last quarter. Capital Research Global Investors lifted its stake in shares of Union Pacific by 7.6% in the first quarter. Capital Research Global Investors now owns 7,370,752 shares of the railroad operator’s stock worth $1,812,689,000 after buying an additional 518,985 shares during the last quarter. Legal & General Group Plc lifted its stake in shares of Union Pacific by 2.1% in the second quarter. Legal & General Group Plc now owns 5,970,669 shares of the railroad operator’s stock worth $1,350,924,000 after buying an additional 124,571 shares during the last quarter. Clearbridge Investments LLC lifted its stake in shares of Union Pacific by 5.7% in the first quarter. Clearbridge Investments LLC now owns 4,396,974 shares of the railroad operator’s stock worth $1,081,348,000 after buying an additional 237,083 shares during the last quarter. Finally, Canada Pension Plan Investment Board increased its position in Union Pacific by 8.3% during the second quarter. Canada Pension Plan Investment Board now owns 4,218,730 shares of the railroad operator’s stock worth $954,530,000 after acquiring an additional 322,129 shares during the period. Institutional investors own 80.38% of the company’s stock.

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.