Union Pacific (NYSE:UNP) Price Target Lowered to $262.00 at Stifel Nicolaus

Union Pacific (NYSE:UNP) had its target price decreased by Stifel Nicolaus from $265.00 to $262.00 in a report released on Friday, Benzinga reports. Stifel Nicolaus currently has a buy rating on the railroad operator’s stock.

Several other analysts have also weighed in on UNP. Bank of America lowered their price objective on Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a report on Tuesday, September 24th. BMO Capital Markets dropped their price target on Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a research report on Friday, September 20th. Wells Fargo & Company decreased their target price on Union Pacific from $270.00 to $255.00 and set an “overweight” rating for the company in a research note on Friday. Royal Bank of Canada increased their price target on Union Pacific from $275.00 to $288.00 and gave the stock an “outperform” rating in a research report on Monday, September 30th. Finally, Benchmark restated a “buy” rating and set a $266.00 price objective on shares of Union Pacific in a research report on Friday. Nine equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $259.15.

Union Pacific Stock Down 0.2 %

Shares of UNP traded down $0.45 during trading on Friday, reaching $230.30. The company’s stock had a trading volume of 2,952,224 shares, compared to its average volume of 2,281,261. Union Pacific has a twelve month low of $199.97 and a twelve month high of $258.66. The company has a quick ratio of 0.86, a current ratio of 1.05 and a debt-to-equity ratio of 1.89. The company has a market cap of $140.30 billion, a price-to-earnings ratio of 21.62, a P/E/G ratio of 2.23 and a beta of 1.05. The company has a fifty day moving average of $246.02 and a two-hundred day moving average of $238.48.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing analysts’ consensus estimates of $2.76 by ($0.01). The company had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.14 billion. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The company’s revenue was up 2.5% compared to the same quarter last year. During the same quarter last year, the company earned $2.51 earnings per share. On average, sell-side analysts predict that Union Pacific will post 11.07 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, President Elizabeth F. Whited sold 3,552 shares of the company’s stock in a transaction that occurred on Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total value of $875,887.68. Following the completion of the sale, the president now owns 64,945 shares in the company, valued at approximately $16,014,787.55. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.28% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Marshall Wace LLP grew its stake in Union Pacific by 272.3% during the 2nd quarter. Marshall Wace LLP now owns 1,678,108 shares of the railroad operator’s stock valued at $379,689,000 after acquiring an additional 1,227,318 shares in the last quarter. Capital World Investors grew its position in Union Pacific by 35.3% during the first quarter. Capital World Investors now owns 4,118,477 shares of the railroad operator’s stock valued at $1,012,857,000 after purchasing an additional 1,073,625 shares in the last quarter. International Assets Investment Management LLC increased its stake in Union Pacific by 19,878.6% in the 3rd quarter. International Assets Investment Management LLC now owns 896,040 shares of the railroad operator’s stock valued at $220,856,000 after buying an additional 891,555 shares during the period. Capital Research Global Investors boosted its stake in shares of Union Pacific by 7.6% during the 1st quarter. Capital Research Global Investors now owns 7,370,752 shares of the railroad operator’s stock valued at $1,812,689,000 after buying an additional 518,985 shares during the period. Finally, Bridges Investment Management Inc. grew its holdings in shares of Union Pacific by 186.4% during the 2nd quarter. Bridges Investment Management Inc. now owns 704,769 shares of the railroad operator’s stock valued at $159,461,000 after acquiring an additional 458,664 shares in the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Company Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.