Union Pacific (NYSE:UNP – Free Report) had its target price increased by Raymond James from $265.00 to $275.00 in a report published on Monday, Benzinga reports. Raymond James currently has a strong-buy rating on the railroad operator’s stock.
Other equities research analysts also recently issued research reports about the company. Barclays lowered their price target on Union Pacific from $290.00 to $280.00 and set an “overweight” rating for the company in a research report on Friday, July 26th. Bank of America dropped their target price on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a research report on Tuesday, September 24th. TD Cowen reduced their price target on shares of Union Pacific from $259.00 to $255.00 and set a “buy” rating on the stock in a research report on Friday, July 26th. Stifel Nicolaus decreased their price objective on shares of Union Pacific from $267.00 to $265.00 and set a “buy” rating for the company in a research note on Wednesday, July 17th. Finally, Evercore ISI lowered shares of Union Pacific from an “outperform” rating to an “inline” rating and reduced their target price for the company from $254.00 to $247.00 in a report on Wednesday, September 25th. Nine investment 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 company’s stock. According to data from MarketBeat, Union Pacific has an average rating of “Moderate Buy” and a consensus price target of $259.25.
Union Pacific Trading Up 0.9 %
Union Pacific (NYSE:UNP – Get Free Report) last posted its quarterly earnings results on Thursday, July 25th. The railroad operator reported $2.74 earnings per share for the quarter, topping analysts’ consensus estimates of $2.71 by $0.03. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The company had revenue of $6.01 billion for the quarter, compared to the consensus estimate of $6.05 billion. During the same quarter last year, the firm posted $2.57 earnings per share. Union Pacific’s revenue was up .7% on a year-over-year basis. As a group, equities analysts forecast that Union Pacific will post 11.07 EPS for the current year.
Insider Buying and Selling
In related news, President Elizabeth F. Whited sold 3,552 shares of the business’s stock in a transaction dated Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total transaction of $875,887.68. Following the completion of the sale, the president now 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.26% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of UNP. Richardson Capital Management LLC acquired a new stake in Union Pacific in the first quarter worth about $26,000. Strategic Investment Solutions Inc. IL bought a new position in Union Pacific during the 2nd quarter valued at $28,000. Scarborough Advisors LLC acquired a new position in shares of Union Pacific during the 4th quarter valued at $29,000. Cultivar Capital Inc. bought a new stake in shares of Union Pacific in the 2nd quarter worth $27,000. Finally, Tributary Capital Management LLC acquired a new stake in shares of Union Pacific in the first quarter valued at $30,000. 80.38% of the stock is owned by institutional investors and hedge funds.
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.
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