Union Pacific (NYSE:UNP) was upgraded by Ardour Capital from a “neutral” rating to a “buy” rating in a note issued to investors on Tuesday, The Fly reports.
UNP has been the subject of several other reports. Zacks Investment Research cut Union Pacific from a “hold” rating to a “sell” rating and set a $192.00 price target for the company. in a report on Monday, December 30th. Cowen reissued a “buy” rating and issued a $172.00 price target on shares of Union Pacific in a report on Thursday, October 17th. Wells Fargo & Co started coverage on Union Pacific in a report on Monday, October 28th. They issued a “market perform” rating and a $162.00 price target for the company. Morgan Stanley raised their price target on Union Pacific from $136.00 to $139.00 and gave the company an “underweight” rating in a report on Monday, January 6th. Finally, Citigroup raised Union Pacific from a “neutral” rating to a “buy” rating in a report on Tuesday. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and twelve have given a buy rating to the company’s stock. Union Pacific currently has a consensus rating of “Hold” and a consensus price target of $180.68.
Union Pacific stock traded up $0.90 during mid-day trading on Tuesday, reaching $180.80. 2,746,479 shares of the company were exchanged, compared to its average volume of 2,868,999. Union Pacific has a twelve month low of $149.09 and a twelve month high of $182.73. The firm’s 50-day simple moving average is $177.64 and its two-hundred day simple moving average is $170.56. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.72 and a current ratio of 0.89. The firm has a market cap of $123.53 billion, a PE ratio of 22.86, a price-to-earnings-growth ratio of 1.88 and a beta of 1.08.
Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, October 17th. The railroad operator reported $2.22 earnings per share for the quarter, missing analysts’ consensus estimates of $2.29 by ($0.07). Union Pacific had a return on equity of 32.65% and a net margin of 27.28%. The company had revenue of $5.52 billion for the quarter, compared to analyst estimates of $5.65 billion. During the same period in the previous year, the business posted $2.15 earnings per share. The firm’s revenue was down 7.0% compared to the same quarter last year. As a group, equities research analysts anticipate that Union Pacific will post 8.49 EPS for the current year.
In related news, EVP Elizabeth F. Whited sold 5,342 shares of the firm’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $171.62, for a total value of $916,794.04. Following the completion of the transaction, the executive vice president now directly owns 63,021 shares of the company’s stock, valued at approximately $10,815,664.02. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 9.96% of the company’s stock.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Fulton Breakefield Broenniman LLC increased its stake in Union Pacific by 0.8% in the 4th quarter. Fulton Breakefield Broenniman LLC now owns 64,586 shares of the railroad operator’s stock valued at $11,676,000 after purchasing an additional 498 shares in the last quarter. Dubuque Bank & Trust Co. purchased a new position in Union Pacific in the 4th quarter valued at approximately $204,000. Legacy Private Trust Co. increased its stake in Union Pacific by 0.5% in the 4th quarter. Legacy Private Trust Co. now owns 56,574 shares of the railroad operator’s stock valued at $10,228,000 after purchasing an additional 303 shares in the last quarter. UNIVEST FINANCIAL Corp increased its stake in Union Pacific by 670.0% in the 4th quarter. UNIVEST FINANCIAL Corp now owns 29,261 shares of the railroad operator’s stock valued at $3,034,000 after purchasing an additional 25,461 shares in the last quarter. Finally, Sabal Trust CO increased its position in Union Pacific by 2.4% during the fourth quarter. Sabal Trust CO now owns 125,681 shares of the railroad operator’s stock worth $22,722,000 after buying an additional 2,944 shares in the last quarter. 77.55% of the stock is owned by hedge funds and other institutional investors.
About Union Pacific
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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