Union Pacific (NYSE:UNP) Price Target Raised to $285.00

Union Pacific (NYSE:UNP) had its target price upped by stock analysts at Barclays from $275.00 to $285.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage currently has an “overweight” rating on the railroad operator’s stock. Barclays‘s price objective points to a potential upside of 20.98% from the company’s previous close.

UNP has been the subject of a number of other research reports. Evercore ISI lowered Union Pacific from an “outperform” rating to an “inline” rating and dropped their price objective for the company from $254.00 to $247.00 in a research note on Wednesday, September 25th. StockNews.com lowered shares of Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, October 1st. Royal Bank of Canada lowered their price objective on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. TD Cowen cut their target price on Union Pacific from $255.00 to $252.00 and set a “buy” rating on the stock in a research note on Friday, October 25th. Finally, Sanford C. Bernstein lowered their price target on Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research report on Wednesday, October 9th. Nine analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Union Pacific currently has a consensus rating of “Moderate Buy” and a consensus price target of $259.80.

Union Pacific Stock Down 2.0 %

Shares of NYSE:UNP opened at $235.58 on Wednesday. The firm has a fifty day moving average of $242.46 and a 200 day moving average of $238.64. Union Pacific has a 52-week low of $215.81 and a 52-week high of $258.66. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. The firm has a market capitalization of $142.82 billion, a PE ratio of 21.63, a price-to-earnings-growth ratio of 2.36 and a beta of 1.06.

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

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of UNP. Shellback Capital LP boosted its stake in shares of Union Pacific by 28.2% in the second 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 acquired a new position in Union Pacific in the third quarter valued at approximately $834,000. Maj Invest Holding A S boosted its position 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 in the last quarter. M&G Plc acquired a new stake in shares of Union Pacific during the 1st quarter worth approximately $10,378,000. Finally, Radnor Capital Management LLC purchased a new position in shares of Union Pacific during the 3rd quarter valued at approximately $2,923,000. 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.