Wells Fargo & Company Has Lowered Expectations for Union Pacific (NYSE:UNP) Stock Price

Union Pacific (NYSE:UNP) had its price objective reduced by Wells Fargo & Company from $265.00 to $260.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage currently has an “overweight” rating on the railroad operator’s stock. Wells Fargo & Company‘s price target suggests a potential upside of 9.23% from the stock’s previous close.

A number of other research analysts have also issued reports on UNP. Stifel Nicolaus increased their target price on shares of Union Pacific from $253.00 to $270.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Guggenheim increased their price objective on shares of Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. Loop Capital cut Union Pacific from a “hold” rating to a “sell” rating and cut their target price for the stock from $265.00 to $200.00 in a research note on Monday, February 3rd. BMO Capital Markets lifted their price target on Union Pacific from $275.00 to $277.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. Finally, Benchmark boosted their price target on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, January 24th. One analyst has rated the stock with a sell rating, seven have given a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $262.76.

Union Pacific Stock Up 1.0 %

NYSE:UNP opened at $238.04 on Thursday. Union Pacific has a twelve month low of $218.55 and a twelve month high of $258.07. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. The stock’s 50 day moving average price is $243.12 and its two-hundred day moving average price is $239.72. The firm has a market capitalization of $143.84 billion, a price-to-earnings ratio of 21.46, a price-to-earnings-growth ratio of 2.15 and a beta of 1.05.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, topping analysts’ consensus estimates of $2.76 by $0.15. Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. During the same quarter in the prior year, the company earned $2.71 earnings per share. Equities research analysts expect that Union Pacific will post 11.99 earnings per share for the current fiscal year.

Insider Activity at Union Pacific

In related news, President Elizabeth F. Whited sold 7,500 shares of the business’s stock in a transaction dated Friday, January 24th. The shares were sold at an average price of $250.00, for a total transaction of $1,875,000.00. Following the sale, the president now owns 64,960 shares of the company’s stock, valued at $16,240,000. The trade was a 10.35 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Craig V. Richardson sold 6,495 shares of the firm’s stock in a transaction that occurred on Monday, January 27th. The shares were sold at an average price of $252.00, for a total value of $1,636,740.00. Following the transaction, the executive vice president now directly owns 26,319 shares of the company’s stock, valued at approximately $6,632,388. This trade represents a 19.79 % decrease in their position. The disclosure for this sale can be found here. 0.28% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Union Pacific

A number of institutional investors have recently bought and sold shares of UNP. Compass Financial Services Inc purchased a new position in Union Pacific during the fourth quarter valued at approximately $25,000. Synergy Asset Management LLC bought a new position in Union Pacific during the fourth quarter valued at $29,000. EnRich Financial Partners LLC bought a new stake in shares of Union Pacific in the 4th quarter worth about $31,000. Dunhill Financial LLC boosted its stake in shares of Union Pacific by 111.5% during the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock worth $32,000 after purchasing an additional 68 shares during the period. Finally, PrairieView Partners LLC purchased a new stake in Union Pacific in the 4th quarter worth about $34,000. 80.38% of the stock is 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.