Union Pacific (NYSE:UNP) Given New $197.00 Price Target at Deutsche Bank

Union Pacific (NYSE:UNP) had its price objective dropped by Deutsche Bank from $200.00 to $197.00 in a research note issued to investors on Wednesday, BenzingaRatingsTable reports. The firm currently has a “buy” rating on the railroad operator’s stock. Deutsche Bank’s price target indicates a potential upside of 15.22% from the stock’s current price.

Several other equities research analysts have also recently issued reports on the stock. Stifel Nicolaus set a $170.00 target price on shares of Union Pacific and gave the stock a “hold” rating in a research report on Tuesday, April 23rd. TD Securities raised their target price on shares of Union Pacific from $170.00 to $180.00 and gave the stock a “hold” rating in a research report on Monday, April 22nd. Raymond James raised their target price on shares of Union Pacific from $192.00 to $201.00 and gave the stock a “strong-buy” rating in a research report on Monday, April 22nd. BMO Capital Markets raised their target price on shares of Union Pacific to $190.00 and gave the stock an “outperform” rating in a research report on Monday, April 22nd. Finally, ValuEngine raised shares of Union Pacific from a “hold” rating to a “buy” rating in a research report on Friday, April 19th. One analyst has rated the stock with a sell rating, six have given a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $176.26.

Shares of Union Pacific stock opened at $170.98 on Wednesday. The company has a quick ratio of 0.60, a current ratio of 0.75 and a debt-to-equity ratio of 1.32. The firm has a market cap of $121.73 billion, a price-to-earnings ratio of 21.62, a PEG ratio of 1.90 and a beta of 1.09. Union Pacific has a one year low of $128.08 and a one year high of $180.02.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, April 18th. The railroad operator reported $1.93 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.89 by $0.04. Union Pacific had a net margin of 26.59% and a return on equity of 30.73%. The business had revenue of $5.38 billion for the quarter, compared to analysts’ expectations of $5.51 billion. During the same period last year, the company earned $1.68 earnings per share. The company’s quarterly revenue was down 1.7% on a year-over-year basis. On average, equities research analysts forecast that Union Pacific will post 9.07 earnings per share for the current year.

In related news, EVP Robert M. Knight, Jr. sold 1,380 shares of Union Pacific stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $180.01, for a total value of $248,413.80. Following the sale, the executive vice president now owns 94,943 shares of the company’s stock, valued at approximately $17,090,689.43. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director William J. Delaney III bought 5,000 shares of the company’s stock in a transaction that occurred on Monday, May 20th. The stock was purchased at an average cost of $174.06 per share, for a total transaction of $870,300.00. Following the transaction, the director now owns 5,000 shares in the company, valued at approximately $870,300. The disclosure for this purchase can be found here. In the last ninety days, insiders have sold 31,667 shares of company stock worth $5,454,729. 9.96% of the stock is currently owned by insiders.

A number of institutional investors have recently made changes to their positions in the stock. Wade G W & Inc. boosted its stake in shares of Union Pacific by 2.5% during the 1st quarter. Wade G W & Inc. now owns 2,466 shares of the railroad operator’s stock worth $412,000 after acquiring an additional 59 shares during the period. Naples Global Advisors LLC boosted its stake in shares of Union Pacific by 1.1% during the 1st quarter. Naples Global Advisors LLC now owns 5,734 shares of the railroad operator’s stock worth $959,000 after acquiring an additional 60 shares during the period. Obermeyer Wood Investment Counsel Lllp boosted its stake in shares of Union Pacific by 1.7% during the 4th quarter. Obermeyer Wood Investment Counsel Lllp now owns 3,729 shares of the railroad operator’s stock worth $515,000 after acquiring an additional 61 shares during the period. Financial Advocates Investment Management boosted its stake in shares of Union Pacific by 0.8% during the 1st quarter. Financial Advocates Investment Management now owns 7,804 shares of the railroad operator’s stock worth $1,305,000 after acquiring an additional 64 shares during the period. Finally, Hamilton Point Investment Advisors LLC boosted its stake in shares of Union Pacific by 1.2% during the 4th quarter. Hamilton Point Investment Advisors LLC now owns 5,443 shares of the railroad operator’s stock worth $752,000 after acquiring an additional 65 shares during the period. 79.12% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Company Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages in the railroad business in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, fertilizers, and food and beverage products; coal and sand, as well as petroleum, liquid petroleum gases, and renewables; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, and soda ash, as well as intermodal and finished vehicles.

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