Union Pacific (NYSE:UNP) was upgraded by equities researchers at UBS Group from a “neutral” rating to a “buy” rating in a research note issued to investors on Friday, January 5th, 99wallstreet.com reports.
A number of other equities research analysts have also recently commented on UNP. JPMorgan Chase & Co. raised their target price on Union Pacific from $106.00 to $113.00 and gave the company a “neutral” rating in a research report on Thursday, October 12th. BMO Capital Markets restated a “buy” rating on shares of Union Pacific in a research report on Friday, October 20th. Argus raised their target price on Union Pacific from $125.00 to $130.00 and gave the company a “buy” rating in a research report on Tuesday, October 31st. Wolfe Research upgraded Union Pacific from a “market perform” rating to an “outperform” rating in a research report on Friday, January 5th. Finally, Morgan Stanley cut Union Pacific from an “overweight” rating to an “equal weight” rating and lowered their price objective for the stock from $102.00 to $100.00 in a report on Monday, October 2nd. Four analysts have rated the stock with a sell rating, fourteen have issued a hold rating and seven have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $122.65.
Union Pacific (UNP) traded up $0.82 during trading on Friday, hitting $141.17. The stock had a trading volume of 3,268,832 shares, compared to its average volume of 5,300,000. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.16 and a quick ratio of 0.97. The firm has a market cap of $111,120.00, a PE ratio of 24.99, a price-to-earnings-growth ratio of 1.96 and a beta of 0.90. Union Pacific has a 52-week low of $101.06 and a 52-week high of $141.81.
Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, October 26th. The railroad operator reported $1.50 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.49 by $0.01. The company had revenue of $5.41 billion during the quarter, compared to analyst estimates of $5.32 billion. Union Pacific had a return on equity of 23.35% and a net margin of 21.84%. The firm’s quarterly revenue was up 4.5% on a year-over-year basis. During the same quarter last year, the business posted $1.36 EPS. equities research analysts forecast that Union Pacific will post 5.79 EPS for the current year.
Several hedge funds have recently modified their holdings of UNP. Acropolis Investment Management LLC acquired a new position in Union Pacific in the fourth quarter valued at $107,000. Mitsubishi UFJ Securities Holdings Co. Ltd. boosted 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 acquiring an additional 340 shares in the last quarter. SRS Capital Advisors Inc. boosted its stake in Union Pacific by 147.2% in the first quarter. SRS Capital Advisors Inc. now owns 1,152 shares of the railroad operator’s stock valued at $122,000 after acquiring an additional 686 shares in the last quarter. Acrospire Investment Management LLC boosted 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 acquiring an additional 300 shares in the last quarter. Finally, Community Bank N.A. raised its holdings in shares of Union Pacific by 3.0% in the second quarter. Community Bank N.A. now owns 1,537 shares of the railroad operator’s stock valued at $168,000 after buying an additional 45 shares during the last quarter. Hedge funds and other institutional investors own 78.45% 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.
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