Union Pacific (NYSE:UNP) had its price objective raised by stock analysts at Bank of America from $150.00 to $159.00 in a research report issued on Thursday, March 15th. The brokerage currently has a “buy” rating on the railroad operator’s stock. Bank of America’s target price points to a potential upside of 22.04% from the company’s current price.
A number of other analysts have also weighed in on UNP. ValuEngine lowered shares of Union Pacific from a “buy” rating to a “hold” rating in a research note on Wednesday, November 15th. Barclays reaffirmed a “buy” rating and issued a $150.00 price objective on shares of Union Pacific in a research note on Wednesday, December 13th. Wolfe Research raised shares of Union Pacific from a “market perform” rating to an “outperform” rating in a research report on Friday, January 5th. UBS raised shares of Union Pacific from a “neutral” rating to a “buy” rating in a research report on Friday, January 5th. Finally, Zacks Investment Research lowered shares of Union Pacific from a “hold” rating to a “sell” rating in a research report on Saturday, January 6th. Three equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and eleven have assigned a buy rating to the stock. Union Pacific currently has an average rating of “Hold” and a consensus price target of $136.10.
Shares of UNP traded down $2.82 during trading hours on Thursday, reaching $130.28. 3,120,025 shares of the company traded hands, compared to its average volume of 4,350,645. The firm has a market capitalization of $103,725.50, a P/E ratio of 22.50, a P/E/G ratio of 1.65 and a beta of 0.79. Union Pacific has a 12-month low of $101.06 and a 12-month high of $143.05. The company has a current ratio of 1.02, a quick ratio of 0.83 and a debt-to-equity ratio of 0.65.
Union Pacific (NYSE:UNP) last issued 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). Union Pacific had a net margin of 50.43% and a return on equity of 22.26%. The company had revenue of $5.45 billion for the quarter, compared to analysts’ expectations of $5.44 billion. During the same period in the prior year, the firm posted $1.39 earnings per share. The firm’s revenue for the quarter was up 5.5% compared to the same quarter last year. analysts predict that Union Pacific will post 7.56 earnings per share for the current year.
In other news, EVP Elizabeth F. Whited sold 15,576 shares of the stock in a transaction that occurred on Tuesday, April 3rd. The stock was sold at an average price of $133.79, for a total transaction of $2,083,913.04. Following the transaction, the executive vice president now owns 65,613 shares in the company, valued at approximately $8,778,363.27. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Robert M. Knight, Jr. sold 25,000 shares of the stock in a transaction that occurred on Tuesday, March 20th. The shares were sold at an average price of $137.39, for a total value of $3,434,750.00. Following the transaction, the chief financial officer now owns 106,518 shares in the company, valued at approximately $14,634,508.02. The disclosure for this sale can be found here. Corporate insiders own 0.20% of the company’s stock.
Large investors have recently made changes to their positions in the company. Chemical Bank lifted its holdings in Union Pacific by 4.6% in the 4th quarter. Chemical Bank now owns 36,883 shares of the railroad operator’s stock valued at $4,946,000 after purchasing an additional 1,636 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its holdings in Union Pacific by 2.1% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 46,358 shares of the railroad operator’s stock valued at $6,217,000 after purchasing an additional 967 shares in the last quarter. Certified Advisory Corp purchased a new position in Union Pacific in the 4th quarter valued at $175,000. Ackerman Capital Advisors LLC purchased a new position in Union Pacific in the 4th quarter valued at $302,000. Finally, Fairfield Bush & CO. lifted its holdings in Union Pacific by 5.5% in the 4th quarter. Fairfield Bush & CO. now owns 15,509 shares of the railroad operator’s stock valued at $2,080,000 after purchasing an additional 808 shares in the last quarter. Hedge funds and other institutional investors own 79.94% 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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