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

Union Pacific (NYSE:UNP) had its price target decreased by analysts at Stifel Nicolaus from $265.00 to $262.00 in a research note issued on Friday, Benzinga reports. The brokerage currently has a “buy” rating on the railroad operator’s stock. Stifel Nicolaus’ price objective would suggest a potential upside of 13.76% from the company’s current price.

A number of other research firms also recently issued reports on UNP. Bank of America cut their target price 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. Robert W. Baird dropped their price target on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a research note on Friday. Wells Fargo & Company reduced their price objective on shares of Union Pacific from $270.00 to $255.00 and set an “overweight” rating on the stock in a research note on Friday. Benchmark reiterated a “buy” rating and set a $266.00 target price on shares of Union Pacific in a research report on Friday. Finally, StockNews.com lowered Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Nine analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $259.15.

Union Pacific Price Performance

UNP opened at $230.30 on Friday. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.05 and a quick ratio of 0.86. The company’s 50 day simple moving average is $246.02 and its 200-day simple moving average is $238.46. Union Pacific has a one year low of $199.97 and a one year high of $258.66. The stock has a market capitalization of $140.30 billion, a P/E ratio of 21.62, a price-to-earnings-growth ratio of 2.23 and a beta of 1.05.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, October 24th. The railroad operator reported $2.75 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 firm had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. During the same period last year, the business posted $2.51 earnings per share. The firm’s quarterly revenue was up 2.5% on a year-over-year basis. Sell-side analysts anticipate that Union Pacific will post 11.07 earnings per share for the current fiscal year.

Insider Activity at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 3,552 shares of the stock in a transaction dated Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total transaction of $875,887.68. Following the completion of the transaction, 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.28% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Union Pacific

Hedge funds have recently made changes to their positions in the business. Financial Advocates Investment Management lifted its position in shares of Union Pacific by 0.8% in the third quarter. Financial Advocates Investment Management now owns 14,453 shares of the railroad operator’s stock worth $3,562,000 after purchasing an additional 110 shares in the last quarter. Cornerstone Wealth Group LLC lifted its position in Union Pacific by 4.3% during the 3rd quarter. Cornerstone Wealth Group LLC now owns 2,687 shares of the railroad operator’s stock worth $662,000 after buying an additional 112 shares in the last quarter. TNF LLC acquired a new position in shares of Union Pacific during the 3rd quarter worth about $275,000. Oak Harvest Investment Services grew its holdings in shares of Union Pacific by 11.5% in the 3rd quarter. Oak Harvest Investment Services now owns 50,932 shares of the railroad operator’s stock valued at $12,554,000 after acquiring an additional 5,257 shares in the last quarter. Finally, JFS Wealth Advisors LLC increased its position in shares of Union Pacific by 6.2% in the third quarter. JFS Wealth Advisors LLC now owns 1,391 shares of the railroad operator’s stock valued at $343,000 after acquiring an additional 81 shares during the last quarter. 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.