Union Pacific (NYSE:UNP) Price Target Cut to $265.00 by Analysts at Wells Fargo & Company

Union Pacific (NYSE:UNP) had its price objective lowered by analysts at Wells Fargo & Company from $267.00 to $265.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage presently has an “overweight” rating on the railroad operator’s stock. Wells Fargo & Company‘s target price suggests a potential upside of 14.23% from the stock’s current price.

UNP has been the topic of several other reports. JPMorgan Chase & Co. lowered their price target on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. Raymond James raised their price target on Union Pacific from $265.00 to $275.00 and gave the company a “strong-buy” rating in a research note on Monday, October 14th. Susquehanna dropped their price objective on Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. BMO Capital Markets decreased their target price on shares of Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a research note on Friday, September 20th. Finally, Bank of America dropped their price target on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a research report on Tuesday, September 24th. Nine research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $260.30.

Union Pacific Trading Up 0.9 %

Union Pacific stock traded up $1.98 during mid-day trading on Tuesday, hitting $231.99. The stock had a trading volume of 328,202 shares, compared to its average volume of 2,049,968. The stock has a market capitalization of $140.65 billion, a PE ratio of 21.30, a P/E/G ratio of 2.33 and a beta of 1.06. Union Pacific has a 12 month low of $218.55 and a 12 month high of $258.66. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. The stock has a 50-day simple moving average of $234.85 and a two-hundred day simple moving average of $238.70.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The business had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. During the same period in the previous year, the firm posted $2.51 earnings per share. The firm’s revenue was up 2.5% on a year-over-year basis. As a group, sell-side analysts forecast that Union Pacific will post 10.94 EPS for the current year.

Institutional Investors Weigh In On Union Pacific

Several hedge funds and other institutional investors have recently bought and sold shares of UNP. World Investment Advisors LLC boosted its holdings in Union Pacific by 103.1% in the third quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator’s stock worth $8,770,000 after acquiring an additional 18,060 shares in the last quarter. Shellback Capital LP boosted its holdings in shares of Union Pacific by 28.2% in the 2nd quarter. Shellback Capital LP now owns 20,000 shares of the railroad operator’s stock worth $4,525,000 after buying an additional 4,400 shares during the last quarter. Peoples Bank KS bought a new stake in shares of Union Pacific in the 3rd quarter worth approximately $834,000. Maj Invest Holding A S boosted its stake in Union Pacific by 0.3% in the 3rd quarter. Maj Invest Holding A S now owns 676,098 shares of the railroad operator’s stock worth $166,645,000 after purchasing an additional 2,202 shares during the period. Finally, Radnor Capital Management LLC purchased a new position in shares of Union Pacific during the third quarter worth about $2,923,000. 80.38% of the stock is owned by institutional investors.

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.