Union Pacific (NYSE:UNP) was upgraded by analysts at Bank of America from a “neutral” rating to a “buy” rating in a research note issued to investors on Tuesday, Briefing.com Automated Import reports.
A number of other brokerages have also weighed in on UNP. Citigroup raised Union Pacific from a “neutral” rating to a “buy” rating in a report on Tuesday. Zacks Investment Research lowered Union Pacific from a “hold” rating to a “sell” rating and set a $192.00 price objective on the stock. in a report on Monday, December 30th. Credit Suisse Group upped their price objective on Union Pacific from $182.00 to $185.00 and gave the stock an “outperform” rating in a report on Friday, October 18th. Morgan Stanley upped their price objective on Union Pacific from $136.00 to $139.00 and gave the stock an “underweight” rating in a report on Monday, January 6th. Finally, TD Securities dropped their price objective on Union Pacific from $175.00 to $170.00 and set a “hold” rating on the stock in a report on Friday, October 18th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and twelve have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $180.68.
Shares of UNP stock opened at $180.80 on Tuesday. The business’s fifty day moving average price is $177.67 and its 200 day moving average price is $170.63. Union Pacific has a 1-year low of $149.09 and a 1-year high of $182.73. The firm has a market capitalization of $123.53 billion, a PE ratio of 22.86, a P/E/G ratio of 1.88 and a beta of 1.08. The company has a debt-to-equity ratio of 1.35, a current ratio of 0.89 and a quick ratio of 0.72.
Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, October 17th. The railroad operator reported $2.22 earnings per share for the quarter, missing the Zacks’ consensus estimate of $2.29 by ($0.07). Union Pacific had a return on equity of 32.65% and a net margin of 27.28%. The business had revenue of $5.52 billion for the quarter, compared to analyst estimates of $5.65 billion. During the same period in the prior year, the company earned $2.15 EPS. The company’s revenue was down 7.0% on a year-over-year basis. Equities research analysts expect that Union Pacific will post 8.49 earnings per share for the current fiscal year.
In other Union Pacific news, EVP Elizabeth F. Whited sold 5,342 shares of the company’s stock in a transaction on Monday, December 9th. The stock was sold at an average price of $171.62, for a total value of $916,794.04. Following the sale, the executive vice president now owns 63,021 shares of the company’s stock, valued at $10,815,664.02. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 9.96% of the stock is currently owned by corporate insiders.
Institutional investors have recently bought and sold shares of the business. Cullinan Associates Inc. lifted its position in shares of Union Pacific by 0.9% in the fourth quarter. Cullinan Associates Inc. now owns 62,818 shares of the railroad operator’s stock valued at $11,357,000 after acquiring an additional 555 shares in the last quarter. AE Wealth Management LLC lifted its position in shares of Union Pacific by 20.2% in the fourth quarter. AE Wealth Management LLC now owns 28,366 shares of the railroad operator’s stock valued at $5,128,000 after acquiring an additional 4,772 shares in the last quarter. Wedge Capital Management L L P NC lifted its position in shares of Union Pacific by 6.9% in the fourth quarter. Wedge Capital Management L L P NC now owns 1,761 shares of the railroad operator’s stock valued at $318,000 after acquiring an additional 113 shares in the last quarter. New England Professional Planning Group Inc. purchased a new stake in shares of Union Pacific in the fourth quarter valued at $598,000. Finally, Schwab Charitable Fund lifted its position in shares of Union Pacific by 13.4% in the fourth quarter. Schwab Charitable Fund now owns 2,155 shares of the railroad operator’s stock valued at $390,000 after acquiring an additional 255 shares in the last quarter. 77.55% of the stock is currently owned by institutional investors.
About Union Pacific
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages in the railroad business in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, fertilizers, and food and beverage products; coal and sand, as well as petroleum, liquid petroleum gases, and renewables; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, and soda ash, as well as intermodal and finished vehicles.
Further Reading: Price to Earnings Ratio (PE) Basics
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