Union Pacific (NYSE:UNP) Given New $255.00 Price Target at Susquehanna

Union Pacific (NYSE:UNP) had its target price trimmed by Susquehanna from $260.00 to $255.00 in a research report released on Friday morning, Benzinga reports. The brokerage currently has a neutral rating on the railroad operator’s stock.

UNP has been the subject of several other reports. Sanford C. Bernstein dropped their target price on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research report on Wednesday, October 9th. TD Cowen lowered their price objective on shares of Union Pacific from $259.00 to $255.00 and set a “buy” rating for the company in a report on Friday, July 26th. Raymond James upped their target price on Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a report on Monday, October 14th. StockNews.com downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Finally, Wells Fargo & Company lowered their price target on shares of Union Pacific from $270.00 to $255.00 and set an “overweight” rating for the company in a research report on Friday. Nine analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Union Pacific currently has a consensus rating of “Moderate Buy” and an average target price of $259.15.

Union Pacific Trading Down 0.2 %

Shares of NYSE UNP traded down $0.45 during trading hours on Friday, hitting $230.30. The company’s stock had a trading volume of 2,952,224 shares, compared to its average volume of 2,281,261. The business has a 50-day simple moving average of $246.02 and a 200-day simple moving average of $238.48. The stock 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 debt-to-equity ratio of 1.89, a quick ratio of 0.86 and a current ratio of 1.05. Union Pacific has a 12 month low of $199.97 and a 12 month high of $258.66.

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 the consensus estimate of $2.76 by ($0.01). Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The business had revenue of $6.09 billion for the quarter, compared to analysts’ expectations of $6.14 billion. During the same period last year, the firm posted $2.51 earnings per share. Union Pacific’s quarterly revenue was up 2.5% on a year-over-year basis. On average, analysts anticipate that Union Pacific will post 11.07 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, President Elizabeth F. Whited sold 3,552 shares of the stock in a transaction on Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total transaction of $875,887.68. Following the transaction, the president now directly owns 64,945 shares of the company’s stock, valued at $16,014,787.55. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.28% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Union Pacific

Several hedge funds and other institutional investors have recently made changes to their positions in UNP. Ameriprise Financial Inc. increased its holdings in Union Pacific by 1.3% during the second quarter. Ameriprise Financial Inc. now owns 8,312,154 shares of the railroad operator’s stock valued at $1,880,701,000 after buying an additional 106,996 shares during the last quarter. Capital Research Global Investors grew its holdings in Union Pacific by 7.6% during the first quarter. Capital Research Global Investors now owns 7,370,752 shares of the railroad operator’s stock valued at $1,812,689,000 after purchasing an additional 518,985 shares during the period. Legal & General Group Plc increased its position in Union Pacific by 2.1% in the second quarter. Legal & General Group Plc now owns 5,970,669 shares of the railroad operator’s stock worth $1,350,924,000 after buying an additional 124,571 shares in the last quarter. Clearbridge Investments LLC raised its stake in shares of Union Pacific by 5.7% in the first quarter. Clearbridge Investments LLC now owns 4,396,974 shares of the railroad operator’s stock worth $1,081,348,000 after buying an additional 237,083 shares during the period. Finally, Canada Pension Plan Investment Board lifted its position in shares of Union Pacific by 8.3% during the 2nd quarter. Canada Pension Plan Investment Board now owns 4,218,730 shares of the railroad operator’s stock valued at $954,530,000 after buying an additional 322,129 shares in the last quarter. Hedge funds and other institutional investors 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.