UBS Group Cuts Union Pacific (NYSE:UNP) Price Target to $245.00

Union Pacific (NYSE:UNP) had its price target reduced by UBS Group from $255.00 to $245.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The firm presently has a “neutral” rating on the railroad operator’s stock. UBS Group’s price objective indicates a potential upside of 3.23% from the company’s previous close.

A number of other analysts have also recently commented on the stock. Robert W. Baird lifted their target price on shares of Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. Susquehanna lowered their price objective on shares of Union Pacific from $265.00 to $255.00 and set a “neutral” rating for the company in a research note on Thursday, March 27th. Guggenheim upped their target price on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Wells Fargo & Company lowered their price target on Union Pacific from $265.00 to $260.00 and set an “overweight” rating for the company in a research report on Thursday, March 27th. Finally, Benchmark increased their price objective on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a report on Friday, January 24th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Union Pacific presently has an average rating of “Moderate Buy” and a consensus price target of $261.95.

Union Pacific Stock Up 0.1 %

NYSE:UNP traded up $0.17 during midday trading on Wednesday, reaching $237.34. 388,390 shares of the stock traded hands, compared to its average volume of 2,421,425. The stock has a market capitalization of $142.24 billion, a PE ratio of 21.41, a price-to-earnings-growth ratio of 2.15 and a beta of 1.05. Union Pacific has a 12-month low of $218.55 and a 12-month high of $258.07. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77. The business has a 50-day moving average of $243.17 and a two-hundred day moving average of $239.24.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, topping the consensus estimate of $2.76 by $0.15. Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. During the same quarter in the prior year, the business posted $2.71 EPS. On average, equities analysts forecast that Union Pacific will post 11.99 earnings per share for the current fiscal year.

Insider Activity

In related news, EVP Craig V. Richardson sold 6,495 shares of the firm’s stock in a transaction dated Monday, January 27th. The shares were sold at an average price of $252.00, for a total value of $1,636,740.00. Following the transaction, the executive vice president now directly owns 26,319 shares of the company’s stock, valued at approximately $6,632,388. This trade represents a 19.79 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, President Elizabeth F. Whited sold 7,500 shares of Union Pacific stock in a transaction dated Friday, January 24th. The stock was sold at an average price of $250.00, for a total value of $1,875,000.00. Following the completion of the sale, the president now owns 64,960 shares in the company, valued at approximately $16,240,000. The trade was a 10.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.28% of the company’s stock.

Hedge Funds Weigh In On Union Pacific

Several hedge funds and other institutional investors have recently made changes to their positions in the company. World Investment Advisors LLC lifted its holdings in Union Pacific by 103.1% in the 3rd quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator’s stock valued at $8,770,000 after purchasing an additional 18,060 shares in the last quarter. abrdn plc lifted its stake in shares of Union Pacific by 9.3% in the fourth quarter. abrdn plc now owns 415,874 shares of the railroad operator’s stock worth $94,588,000 after buying an additional 35,414 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in Union Pacific by 2.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 179,925 shares of the railroad operator’s stock worth $44,348,000 after acquiring an additional 4,939 shares during the last quarter. Border to Coast Pensions Partnership Ltd boosted its position in Union Pacific by 24.2% during the fourth quarter. Border to Coast Pensions Partnership Ltd now owns 277,267 shares of the railroad operator’s stock worth $63,185,000 after acquiring an additional 53,946 shares during the last quarter. Finally, Pensionfund Sabic grew its stake in Union Pacific by 61.5% during the 4th quarter. Pensionfund Sabic now owns 10,500 shares of the railroad operator’s stock valued at $2,394,000 after acquiring an additional 4,000 shares in the last quarter. Hedge funds and other 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.