Union Pacific Corporation (NYSE:UNP)‘s stock had its “buy” rating reissued by research analysts at BMO Capital Markets in a note issued to investors on Friday. They currently have a $123.00 price target on the railroad operator’s stock. BMO Capital Markets’ price objective indicates a potential upside of 18.76% from the stock’s previous close.

Several other equities research analysts also recently issued reports on the company. Wolfe Research downgraded Union Pacific Corporation from an “outperform” rating to a “market perform” rating in a report on Monday, August 7th. BidaskClub downgraded Union Pacific Corporation from a “sell” rating to a “strong sell” rating in a report on Thursday, August 3rd. Stifel Nicolaus restated a “hold” rating and issued a $118.00 price target (up from $112.00) on shares of Union Pacific Corporation in a report on Monday, July 24th. Zacks Investment Research downgraded Union Pacific Corporation from a “buy” rating to a “hold” rating in a report on Monday, July 24th. Finally, Deutsche Bank AG downgraded Union Pacific Corporation from a “buy” rating to a “hold” rating and lowered their price target for the stock from $132.00 to $110.00 in a report on Friday, July 21st. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $112.10.

Shares of Union Pacific Corporation (NYSE:UNP) traded up 0.86% during midday trading on Friday, reaching $103.57. The company’s stock had a trading volume of 3,340,923 shares. Union Pacific Corporation has a 12 month low of $87.06 and a 12 month high of $115.15. The company has a market cap of $82.90 billion, a price-to-earnings ratio of 18.78 and a beta of 0.81. The stock has a 50-day moving average of $106.03 and a 200 day moving average of $107.74.

Union Pacific Corporation (NYSE:UNP) last announced its quarterly earnings results on Thursday, July 20th. The railroad operator reported $1.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.39 by $0.06. Union Pacific Corporation had a return on equity of 22.70% and a net margin of 21.79%. The company had revenue of $5.25 billion during the quarter, compared to the consensus estimate of $5.19 billion. During the same period in the prior year, the company earned $1.17 earnings per share. The company’s revenue for the quarter was up 10.1% compared to the same quarter last year. On average, analysts predict that Union Pacific Corporation will post $5.79 earnings per share for the current fiscal year.

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In related news, EVP Cameron A. Scott sold 17,604 shares of the stock in a transaction that occurred on Friday, July 7th. The stock was sold at an average price of $107.60, for a total transaction of $1,894,190.40. Following the completion of the transaction, the executive vice president now directly owns 95,470 shares of the company’s stock, valued at $10,272,572. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.20% of the company’s stock.

A number of hedge funds and other institutional investors have recently modified their holdings of UNP. Veritable L.P. boosted its position in shares of Union Pacific Corporation by 19.7% in the second quarter. Veritable L.P. now owns 45,356 shares of the railroad operator’s stock valued at $4,940,000 after buying an additional 7,473 shares during the period. OxFORD Asset Management LLP bought a new position in shares of Union Pacific Corporation during the second quarter valued at approximately $3,698,000. Virtu KCG Holdings LLC boosted its position in shares of Union Pacific Corporation by 856.8% in the second quarter. Virtu KCG Holdings LLC now owns 85,058 shares of the railroad operator’s stock valued at $9,264,000 after buying an additional 76,168 shares during the period. Hancock Holding Co. boosted its position in shares of Union Pacific Corporation by 4,045.5% in the second quarter. Hancock Holding Co. now owns 114,540 shares of the railroad operator’s stock valued at $12,474,000 after buying an additional 111,777 shares during the period. Finally, Ropes Wealth Advisors LLC boosted its position in shares of Union Pacific Corporation by 5.4% in the second quarter. Ropes Wealth Advisors LLC now owns 13,870 shares of the railroad operator’s stock valued at $1,511,000 after buying an additional 715 shares during the period. 79.88% of the stock is owned by hedge funds and other institutional investors.

Union Pacific Corporation Company Profile

Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.

Analyst Recommendations for Union Pacific Corporation (NYSE:UNP)

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