Union Pacific (NYSE:UNP) was upgraded by analysts at UBS Group from a “neutral” rating to a “buy” rating in a research note issued on Friday, January 5th, 99wallstreet.com reports.
Other equities research analysts have also issued reports about the stock. Zacks Investment Research upgraded shares of 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. BMO Capital Markets increased their price objective on shares of Union Pacific from $123.00 to $127.00 and gave the company an “outperform” rating in a research report on Friday, October 27th. Citigroup downgraded shares of Union Pacific from a “buy” rating to a “neutral” rating and set a $120.00 price objective on the stock. in a research report on Wednesday, October 4th. Morgan Stanley downgraded shares of Union Pacific from an “overweight” rating to an “equal weight” rating and dropped their price objective for the company from $102.00 to $100.00 in a research report on Monday, October 2nd. Finally, ValuEngine downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Wednesday, November 15th. Three equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and nine have assigned a buy rating to the company. Union Pacific has an average rating of “Hold” and a consensus price target of $129.15.
Shares of Union Pacific (UNP) traded up $0.63 during mid-day trading on Friday, hitting $134.23. 5,728,654 shares of the stock traded hands, compared to its average volume of 5,210,000. The firm has a market cap of $105,660.00, a price-to-earnings ratio of 9.94, a P/E/G ratio of 1.77 and a beta of 0.90. Union Pacific has a 52-week low of $101.06 and a 52-week high of $143.05. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.97 and a current ratio of 1.03.
Union Pacific (NYSE:UNP) last released its earnings results on Thursday, January 25th. The railroad operator reported $1.53 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.54 by ($0.01). The business had revenue of $5.45 billion for the quarter, compared to analyst estimates of $5.44 billion. Union Pacific had a return on equity of 132.67% and a net margin of 133.54%. Union Pacific’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter last year, the company earned $1.39 earnings per share. analysts forecast that Union Pacific will post 7.08 EPS for the current fiscal year.
Several hedge funds have recently added to or reduced their stakes in the company. FMR LLC lifted its stake in shares of Union Pacific by 84.6% in the second quarter. FMR LLC now owns 9,603,068 shares of the railroad operator’s stock valued at $1,045,870,000 after purchasing an additional 4,399,980 shares during the period. Janus Henderson Group PLC lifted its stake in shares of Union Pacific by 990.5% in the second quarter. Janus Henderson Group PLC now owns 2,243,574 shares of the railroad operator’s stock valued at $244,339,000 after purchasing an additional 2,037,834 shares during the period. Voya Investment Management LLC lifted its stake in shares of Union Pacific by 88.7% in the second quarter. Voya Investment Management LLC now owns 4,060,423 shares of the railroad operator’s stock valued at $442,221,000 after purchasing an additional 1,908,175 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of Union Pacific by 59.3% in the second quarter. Ameriprise Financial Inc. now owns 4,773,609 shares of the railroad operator’s stock valued at $519,785,000 after purchasing an additional 1,776,644 shares during the period. Finally, Canada Pension Plan Investment Board lifted its stake in shares of Union Pacific by 88.5% in the third quarter. Canada Pension Plan Investment Board now owns 3,558,005 shares of the railroad operator’s stock valued at $412,622,000 after purchasing an additional 1,670,095 shares during the period. Institutional investors own 78.56% of the company’s stock.
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Union Pacific 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.
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