Union Pacific (NYSE:UNP) Price Target Lowered to $252.00 at TD Cowen

Union Pacific (NYSE:UNP) had its price objective cut by stock analysts at TD Cowen from $255.00 to $252.00 in a research note issued on Friday, Benzinga reports. The brokerage currently has a “buy” rating on the railroad operator’s stock. TD Cowen’s price target would indicate a potential upside of 8.84% from the stock’s current price.

Other equities analysts have also recently issued research reports about the company. Raymond James boosted their price objective on Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a research report on Monday, October 14th. Citigroup began coverage on Union Pacific in a research report on Wednesday, October 9th. They set a “neutral” rating and a $264.00 target price for the company. Bank of America dropped their target price on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a research report on Tuesday, September 24th. Royal Bank of Canada reduced their price target on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a research report on Friday. Finally, Robert W. Baird dropped their price objective on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a report on Friday. Nine equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Union Pacific has a consensus rating of “Moderate Buy” and an average price target of $259.15.

Union Pacific Stock Up 0.3 %

UNP traded up $0.78 during midday trading on Friday, hitting $231.53. 2,037,113 shares of the company’s stock traded hands, compared to its average volume of 2,276,491. 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 company has a market cap of $141.05 billion, a PE ratio of 21.75, a price-to-earnings-growth ratio of 2.23 and a beta of 1.05. Union Pacific has a one year low of $199.97 and a one year high of $258.66. The stock’s fifty day simple moving average is $246.31 and its 200-day simple moving average is $238.55.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.76 by ($0.01). Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. The company had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.14 billion. During the same quarter last year, the company posted $2.51 EPS. The business’s revenue was up 2.5% compared to the same quarter last year. As a group, equities analysts anticipate that Union Pacific will post 11.07 earnings per share for the current fiscal year.

Insider Transactions at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 3,552 shares of the company’s stock in a transaction that occurred 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 sale, the president now owns 64,945 shares of the company’s stock, valued at approximately $16,014,787.55. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.28% of the company’s stock.

Institutional Investors Weigh In On Union Pacific

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

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.