Union Pacific (NYSE:UNP) Given New $252.00 Price Target at TD Cowen

Union Pacific (NYSE:UNP) had its price target dropped by equities research analysts at TD Cowen from $255.00 to $252.00 in a report released on Friday, Benzinga reports. The firm currently has a “buy” rating on the railroad operator’s stock. TD Cowen’s price objective would indicate a potential upside of 8.84% from the stock’s previous close.

Several other research analysts also recently issued reports on UNP. JPMorgan Chase & Co. cut their price objective on Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a research report on Friday. BMO Capital Markets dropped their price objective on shares of Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a research note on Friday, September 20th. Bank of America decreased their target price on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a research report on Tuesday, September 24th. StockNews.com cut Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, October 1st. Finally, Robert W. Baird decreased their target price on Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a report on Friday. Nine equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $259.15.

Union Pacific Price Performance

Union Pacific stock traded up $0.78 during mid-day trading on Friday, reaching $231.53. The company had a trading volume of 2,037,113 shares, compared to its average volume of 2,276,491. The stock’s 50-day simple moving average is $246.31 and its 200-day simple moving average is $238.55. Union Pacific has a 1 year low of $199.97 and a 1 year high of $258.66. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.05 and a quick ratio of 0.86. The company has a market capitalization of $141.05 billion, a P/E ratio of 21.75, a P/E/G ratio of 2.23 and a beta of 1.05.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing analysts’ consensus estimates of $2.76 by ($0.01). The firm had revenue of $6.09 billion for the quarter, compared to analysts’ expectations of $6.14 billion. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. The firm’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.51 earnings per share. On average, equities analysts predict that Union Pacific will post 11.07 EPS for the current year.

Insider Activity at Union Pacific

In related news, President Elizabeth F. Whited sold 3,552 shares of the business’s stock in a transaction that occurred on Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total value of $875,887.68. Following the sale, the president now directly owns 64,945 shares in the company, valued at $16,014,787.55. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.28% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of UNP. Richardson Capital Management LLC acquired a new position in shares of Union Pacific in the 1st quarter worth $26,000. Cultivar Capital Inc. acquired a new position in shares of Union Pacific in the second quarter worth about $27,000. Strategic Investment Solutions Inc. IL purchased a new position in shares of Union Pacific in the second quarter worth approximately $28,000. Tributary Capital Management LLC acquired a new stake in shares of Union Pacific in the first quarter worth $30,000. Finally, Financial Gravity Asset Management Inc. increased its holdings in shares of Union Pacific by 3,250.0% in the 2nd quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock valued at $30,000 after purchasing an additional 130 shares during the period. 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.