Union Pacific (NYSE:UNP) Price Target Raised to $267.00

Union Pacific (NYSE:UNP) had its price objective raised by JPMorgan Chase & Co. from $265.00 to $267.00 in a research report sent to investors on Friday morning,Benzinga reports. They currently have a neutral rating on the railroad operator’s stock.

Other analysts have also recently issued research reports about the stock. Evercore ISI reduced their price objective on shares of Union Pacific from $244.00 to $238.00 and set an “in-line” rating for the company in a research note on Friday, July 25th. Susquehanna reiterated a “positive” rating and issued a $272.00 price objective (up previously from $257.00) on shares of Union Pacific in a research note on Thursday, September 25th. Robert W. Baird initiated coverage on shares of Union Pacific in a research note on Tuesday, July 1st. They issued a “neutral” rating and a $231.00 price objective for the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of Union Pacific in a research note on Wednesday, October 8th. Finally, Morgan Stanley cut their target price on shares of Union Pacific from $220.00 to $215.00 and set an “equal weight” rating for the company in a research report on Monday, July 7th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eleven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $261.63.

Union Pacific Stock Down 1.6%

Shares of NYSE:UNP opened at $216.56 on Friday. The company has a quick ratio of 0.60, a current ratio of 0.75 and a debt-to-equity ratio of 1.75. Union Pacific has a fifty-two week low of $204.66 and a fifty-two week high of $256.84. The firm’s 50-day simple moving average is $224.95 and its 200-day simple moving average is $224.40. The company has a market cap of $128.44 billion, a price-to-earnings ratio of 18.40, a PEG ratio of 2.27 and a beta of 1.07.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, October 23rd. The railroad operator reported $3.08 EPS for the quarter, beating the consensus estimate of $2.99 by $0.09. Union Pacific had a net margin of 28.73% and a return on equity of 42.23%. The firm had revenue of $6.24 billion during the quarter, compared to analysts’ expectations of $6.24 billion. During the same quarter last year, the business earned $2.75 earnings per share. The business’s revenue for the quarter was up 2.5% compared to the same quarter last year. As a group, equities research analysts predict that Union Pacific will post 11.99 earnings per share for the current year.

Hedge Funds Weigh In On Union Pacific

A number of institutional investors have recently modified their holdings of the company. Pines Wealth Management LLC raised its position in shares of Union Pacific by 1.7% in the second quarter. Pines Wealth Management LLC now owns 2,520 shares of the railroad operator’s stock valued at $595,000 after buying an additional 43 shares during the last quarter. Titleist Asset Management LLC raised its position in shares of Union Pacific by 1.1% in the first quarter. Titleist Asset Management LLC now owns 4,004 shares of the railroad operator’s stock valued at $946,000 after buying an additional 44 shares during the last quarter. Five Oceans Advisors raised its position in shares of Union Pacific by 3.9% in the second quarter. Five Oceans Advisors now owns 1,183 shares of the railroad operator’s stock valued at $272,000 after buying an additional 44 shares during the last quarter. Howard Capital Management Group LLC raised its position in shares of Union Pacific by 2.0% in the third quarter. Howard Capital Management Group LLC now owns 2,252 shares of the railroad operator’s stock valued at $532,000 after buying an additional 45 shares during the last quarter. Finally, St. Johns Investment Management Company LLC raised its position in shares of Union Pacific by 1.6% in the second quarter. St. Johns Investment Management Company LLC now owns 3,012 shares of the railroad operator’s stock valued at $693,000 after buying an additional 46 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

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.