Union Pacific (UNP) Price Target Cut to $150.00

Union Pacific (NYSE:UNP) had its price objective reduced by equities researchers at TD Securities from $155.00 to $150.00 in a report issued on Friday. The firm presently has a “buy” rating on the railroad operator’s stock. TD Securities’ price objective points to a potential upside of 11.87% from the stock’s previous close.

Other analysts have also recently issued reports about the company. BMO Capital Markets reiterated a “buy” rating on shares of Union Pacific in a research report on Friday, October 20th. Zacks Investment Research upgraded Union Pacific from a “hold” rating to a “buy” rating and set a $130.00 target price on the stock in a report on Wednesday, November 1st. Argus increased their target price on Union Pacific from $125.00 to $130.00 and gave the stock a “buy” rating in a report on Tuesday, October 31st. Barclays restated a “buy” rating and set a $150.00 target price on shares of Union Pacific in a report on Wednesday, December 13th. Finally, UBS Group upgraded Union Pacific from a “neutral” rating to a “buy” rating in a report on Friday, January 5th. Three equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and nine have issued a buy rating to the stock. Union Pacific currently has a consensus rating of “Hold” and an average target price of $126.30.

Shares of Union Pacific (UNP) traded up $0.49 during trading hours on Friday, reaching $134.09. The company’s stock had a trading volume of 2,993,944 shares, compared to its average volume of 5,302,093. Union Pacific has a 52-week low of $101.06 and a 52-week high of $143.05. The company has a market capitalization of $105,330.00, a PE ratio of 9.90, a price-to-earnings-growth ratio of 1.87 and a beta of 0.90. The company has a quick ratio of 0.97, a current ratio of 1.16 and a debt-to-equity ratio of 0.83.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, January 25th. The railroad operator reported $1.53 earnings per share for the quarter, missing analysts’ consensus estimates of $1.54 by ($0.01). Union Pacific had a net margin of 21.84% and a return on equity of 23.35%. The company had revenue of $5.45 billion during the quarter, compared to the consensus estimate of $5.44 billion. During the same quarter last year, the company earned $1.39 earnings per share. The business’s revenue was up 5.5% on a year-over-year basis. equities research analysts forecast that Union Pacific will post 5.79 earnings per share for the current fiscal year.

Institutional investors and hedge funds have recently modified their holdings of the company. Pathstone Family Office LLC lifted its stake in Union Pacific by 41.3% in the second quarter. Pathstone Family Office LLC now owns 178 shares of the railroad operator’s stock valued at $2,304,000 after buying an additional 52 shares during the period. Acropolis Investment Management LLC acquired a new position in Union Pacific in the fourth quarter valued at about $107,000. Mitsubishi UFJ Securities Holdings Co. Ltd. lifted its stake in Union Pacific by 46.6% in the second quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,070 shares of the railroad operator’s stock valued at $117,000 after buying an additional 340 shares during the period. Acrospire Investment Management LLC lifted its stake in Union Pacific by 33.3% in the second quarter. Acrospire Investment Management LLC now owns 1,200 shares of the railroad operator’s stock valued at $131,000 after buying an additional 300 shares during the period. Finally, Harvest Fund Management Co. Ltd acquired a new position in Union Pacific in the fourth quarter valued at about $200,000. 78.56% of the stock is currently owned by institutional investors and hedge funds.

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About Union Pacific

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 (NYSE:UNP)