Union Pacific (NYSE:UNP) Price Target Raised to $210.00

Union Pacific (NYSE:UNP) had its price target hoisted by analysts at Morgan Stanley from $198.00 to $210.00 in a research note issued on Friday, Benzinga reports. The firm currently has an “equal weight” rating on the railroad operator’s stock. Morgan Stanley’s price objective would indicate a potential downside of 13.40% from the company’s previous close.

Several other brokerages have also commented on UNP. Benchmark upped their price target on Union Pacific from $260.00 to $266.00 and gave the stock a “buy” rating in a research note on Wednesday, April 10th. Susquehanna raised their target price on Union Pacific from $255.00 to $270.00 and gave the stock a “neutral” rating in a research report on Friday. JPMorgan Chase & Co. raised their target price on Union Pacific from $237.00 to $243.00 and gave the company a “neutral” rating in a report on Tuesday, April 9th. Jefferies Financial Group initiated coverage on Union Pacific in a report on Monday, April 8th. They set a “hold” rating and a $250.00 price objective on the stock. Finally, Evercore ISI boosted their price objective on shares of Union Pacific from $271.00 to $273.00 and gave the stock an “outperform” rating in a research report on Friday. Eight research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $258.57.

Union Pacific Stock Down 0.4 %

UNP traded down $1.06 on Friday, hitting $242.49. The company had a trading volume of 927,582 shares, compared to its average volume of 2,316,020. Union Pacific has a 12-month low of $190.45 and a 12-month high of $258.66. The stock has a market capitalization of $147.94 billion, a price-to-earnings ratio of 23.15, a P/E/G ratio of 2.51 and a beta of 1.07. The company has a debt-to-equity ratio of 2.11, a quick ratio of 0.67 and a current ratio of 0.81. The stock has a fifty day moving average price of $244.34 and a 200-day moving average price of $234.68.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, April 25th. The railroad operator reported $2.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.50 by $0.19. Union Pacific had a return on equity of 46.87% and a net margin of 26.45%. The firm had revenue of $6.03 billion for the quarter, compared to analyst estimates of $5.97 billion. During the same quarter in the prior year, the company earned $2.67 EPS. Union Pacific’s revenue was down .4% on a year-over-year basis. Analysts predict that Union Pacific will post 11.01 EPS for the current fiscal year.

Insider Transactions at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 3,750 shares of the company’s stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $250.00, for a total value of $937,500.00. Following the completion of the transaction, the president now directly owns 56,682 shares in the company, valued at $14,170,500. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.28% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Desjardins Global Asset Management Inc. lifted its position in shares of Union Pacific by 1.4% during the fourth quarter. Desjardins Global Asset Management Inc. now owns 3,000 shares of the railroad operator’s stock valued at $737,000 after buying an additional 41 shares during the last quarter. Twin Capital Management Inc. lifted its position in shares of Union Pacific by 3.0% during the fourth quarter. Twin Capital Management Inc. now owns 1,394 shares of the railroad operator’s stock valued at $342,000 after buying an additional 41 shares during the last quarter. Sunburst Financial Group LLC lifted its position in shares of Union Pacific by 1.8% during the fourth quarter. Sunburst Financial Group LLC now owns 2,393 shares of the railroad operator’s stock valued at $588,000 after buying an additional 42 shares during the last quarter. Mission Wealth Management LP lifted its position in shares of Union Pacific by 0.5% during the fourth quarter. Mission Wealth Management LP now owns 7,838 shares of the railroad operator’s stock valued at $1,925,000 after buying an additional 42 shares during the last quarter. Finally, Berkeley Capital Partners LLC lifted its position in shares of Union Pacific by 1.0% during the fourth quarter. Berkeley Capital Partners LLC now owns 4,100 shares of the railroad operator’s stock valued at $1,007,000 after buying an additional 42 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors.

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.