UBS Group Has Lowered Expectations for Union Pacific (NYSE:UNP) Stock Price

Union Pacific (NYSE:UNP) had its target price decreased by investment analysts at UBS Group from $255.00 to $245.00 in a report released on Wednesday,Benzinga reports. The firm currently has a “neutral” rating on the railroad operator’s stock. UBS Group’s price objective indicates a potential upside of 3.23% from the stock’s previous close.

Other analysts also recently issued research reports about the company. Guggenheim lifted their target price on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, January 24th. BMO Capital Markets lifted their price objective on shares of Union Pacific from $275.00 to $277.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. Deutsche Bank Aktiengesellschaft started coverage on shares of Union Pacific in a research report on Friday, March 7th. They set a “buy” rating and a $295.00 target price for the company. Robert W. Baird lifted their price target on shares of Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a report on Friday, January 24th. Finally, TD Cowen increased their price objective on shares of Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a report on Friday, January 24th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $261.95.

Union Pacific Price Performance

NYSE:UNP traded up $0.17 during trading hours on Wednesday, hitting $237.34. 388,390 shares of the stock traded hands, compared to its average volume of 2,421,425. The company has a market cap of $142.24 billion, a price-to-earnings ratio of 21.41, a price-to-earnings-growth ratio of 2.15 and a beta of 1.05. Union Pacific has a 1 year low of $218.55 and a 1 year high of $258.07. The stock has a 50 day moving average price of $243.17 and a 200 day moving average price of $239.24. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76.

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

Insider Buying and Selling at Union Pacific

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

Institutional Trading of Union Pacific

Large investors have recently modified their holdings of the company. World Investment Advisors LLC grew its position in shares of Union Pacific by 103.1% during the 3rd quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator’s stock worth $8,770,000 after buying an additional 18,060 shares in the last quarter. abrdn plc lifted its stake in Union Pacific by 9.3% in the fourth quarter. abrdn plc now owns 415,874 shares of the railroad operator’s stock worth $94,588,000 after acquiring an additional 35,414 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in Union Pacific by 2.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 179,925 shares of the railroad operator’s stock worth $44,348,000 after acquiring an additional 4,939 shares in the last quarter. Border to Coast Pensions Partnership Ltd increased its position in Union Pacific by 24.2% during the 4th quarter. Border to Coast Pensions Partnership Ltd now owns 277,267 shares of the railroad operator’s stock valued at $63,185,000 after purchasing an additional 53,946 shares during the period. Finally, Pensionfund Sabic raised its holdings in shares of Union Pacific by 61.5% in the 4th quarter. Pensionfund Sabic now owns 10,500 shares of the railroad operator’s stock valued at $2,394,000 after purchasing an additional 4,000 shares in the last quarter. Hedge funds and other institutional investors 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.