Susquehanna Has Lowered Expectations for Union Pacific (NYSE:UNP) Stock Price

Union Pacific (NYSE:UNP) had its price objective cut by analysts at Susquehanna from $265.00 to $255.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage presently has a “neutral” rating on the railroad operator’s stock. Susquehanna’s price target indicates a potential upside of 9.88% from the company’s current price.

A number of other brokerages also recently commented on UNP. Raymond James reiterated a “strong-buy” rating and set a $285.00 price objective (up previously from $265.00) on shares of Union Pacific in a research report on Friday, January 24th. Wells Fargo & Company reduced their target price on Union Pacific from $265.00 to $260.00 and set an “overweight” rating for the company in a report on Thursday. BMO Capital Markets lifted their price target on Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. Citigroup upped their price objective on shares of Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a research note on Friday, January 24th. Finally, Deutsche Bank Aktiengesellschaft began coverage on shares of Union Pacific in a research report on Friday, March 7th. They issued a “buy” rating and a $295.00 target price on the stock. One analyst has rated the stock with a sell rating, seven have issued a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Union Pacific currently has a consensus rating of “Moderate Buy” and an average target price of $262.76.

Union Pacific Price Performance

NYSE:UNP opened at $232.06 on Thursday. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. The business’s 50-day moving average price is $243.11 and its 200 day moving average price is $239.56. Union Pacific has a 52-week low of $218.55 and a 52-week high of $258.07. The firm has a market cap of $140.23 billion, a P/E ratio of 20.93, a PEG ratio of 2.15 and a beta of 1.05.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.76 by $0.15. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. During the same period in the previous year, the company posted $2.71 EPS. As a group, sell-side analysts predict that Union Pacific will post 11.99 earnings per share for the current fiscal year.

Insider Transactions at Union Pacific

In related news, EVP Craig V. Richardson sold 6,495 shares of the company’s stock in a transaction on Monday, January 27th. The shares were sold at an average price of $252.00, for a total value of $1,636,740.00. Following the completion of the sale, the executive vice president now directly owns 26,319 shares in the company, valued at approximately $6,632,388. This represents a 19.79 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, President Elizabeth F. Whited sold 7,500 shares of the firm’s stock in a transaction dated Friday, January 24th. The shares were sold at an average price of $250.00, for a total value of $1,875,000.00. Following the transaction, the president now owns 64,960 shares in the company, valued at approximately $16,240,000. This trade represents a 10.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.28% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in UNP. World Investment Advisors LLC lifted its holdings in Union Pacific by 103.1% in the 3rd quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator’s stock worth $8,770,000 after purchasing an additional 18,060 shares during the last quarter. abrdn plc lifted its stake in shares of Union Pacific by 9.3% in the fourth quarter. abrdn plc now owns 415,874 shares of the railroad operator’s stock worth $94,588,000 after buying an additional 35,414 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Union Pacific by 2.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 179,925 shares of the railroad operator’s stock worth $44,348,000 after buying an additional 4,939 shares during the period. Border to Coast Pensions Partnership Ltd grew its stake in Union Pacific by 24.2% in the 4th quarter. Border to Coast Pensions Partnership Ltd now owns 277,267 shares of the railroad operator’s stock valued at $63,185,000 after buying an additional 53,946 shares during the last quarter. Finally, Pensionfund Sabic raised its holdings in Union Pacific by 61.5% in the 4th quarter. Pensionfund Sabic now owns 10,500 shares of the railroad operator’s stock worth $2,394,000 after acquiring an additional 4,000 shares during the period. Institutional investors and hedge funds own 80.38% of the company’s stock.

About Union Pacific

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.