Union Pacific (NYSE:UNP) was downgraded by Seaport Global Securities from a “buy” rating to a “neutral” rating in a report issued on Friday, MarketBeat reports. The analysts noted that the move was a valuation call.
UNP has been the subject of several other reports. Morgan Stanley upped their target price on Union Pacific from $100.00 to $104.00 and gave the company an “equal weight” rating in a report on Tuesday, October 31st. Goldman Sachs Group began coverage on Union Pacific in a report on Monday, November 13th. They issued a “sell” rating and a $103.00 target price for the company. Wolfe Research upgraded Union Pacific from a “market perform” rating to an “outperform” rating in a report on Friday, January 5th. Daiwa Capital Markets upgraded Union Pacific from a “hold” rating to an “outperform” rating in a report on Thursday, January 11th. Finally, Robert W. Baird restated a “hold” rating on shares of Union Pacific in a report on Friday. Three investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and nine have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $129.15.
Shares of Union Pacific (NYSE UNP) traded up $0.63 during trading hours on Friday, reaching $134.23. The company’s stock had a trading volume of 5,843,344 shares, compared to its average volume of 5,190,000. The company has a current ratio of 1.16, a quick ratio of 0.97 and a debt-to-equity ratio of 0.83. The stock has a market cap of $105,660.00, a PE ratio of 9.94, a P/E/G ratio of 1.87 and a beta of 0.90. Union Pacific has a 12 month low of $101.06 and a 12 month high of $143.05.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Welch & Forbes LLC lifted its stake in Union Pacific by 1.8% during the 4th quarter. Welch & Forbes LLC now owns 29,188 shares of the railroad operator’s stock worth $3,914,000 after acquiring an additional 516 shares in the last quarter. Advisor Partners LLC lifted its stake in Union Pacific by 10.9% during the 4th quarter. Advisor Partners LLC now owns 17,114 shares of the railroad operator’s stock worth $2,417,000 after acquiring an additional 1,685 shares in the last quarter. Townsend & Associates Inc acquired a new position in Union Pacific during the 4th quarter worth about $1,220,000. Commerzbank Aktiengesellschaft FI lifted its stake in Union Pacific by 70.5% during the 4th quarter. Commerzbank Aktiengesellschaft FI now owns 45,952 shares of the railroad operator’s stock worth $6,162,000 after acquiring an additional 19,005 shares in the last quarter. Finally, FTB Advisors Inc. lifted its stake in Union Pacific by 2.1% during the 4th quarter. FTB Advisors Inc. now owns 69,603 shares of the railroad operator’s stock worth $9,438,000 after acquiring an additional 1,462 shares in the last quarter. Institutional investors and hedge funds own 78.56% of the company’s stock.
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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.
