Raymond James Increases Union Pacific (NYSE:UNP) Price Target to $275.00

Union Pacific (NYSE:UNP) had its price target hoisted by analysts at Raymond James from $265.00 to $275.00 in a research report issued on Monday, Benzinga reports. The brokerage presently has a “strong-buy” rating on the railroad operator’s stock. Raymond James’ target price indicates a potential upside of 11.88% from the company’s current price.

UNP has been the topic of several other research reports. StockNews.com downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Bank of America lowered their price objective on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a research note on Tuesday, September 24th. Royal Bank of Canada raised their price objective on shares of Union Pacific from $275.00 to $288.00 and gave the stock an “outperform” rating in a research note on Monday, September 30th. Susquehanna raised their price objective on shares of Union Pacific from $250.00 to $260.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 2nd. Finally, Barclays reduced their target price on Union Pacific from $290.00 to $280.00 and set an “overweight” rating for the company in a research report on Friday, July 26th. Nine investment 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’s stock. Based on data from MarketBeat, Union Pacific presently has an average rating of “Moderate Buy” and a consensus price target of $259.25.

Union Pacific Trading Up 0.2 %

Shares of UNP stock opened at $245.79 on Monday. Union Pacific has a 12 month low of $199.97 and a 12 month high of $258.66. The company has a quick ratio of 0.86, a current ratio of 1.05 and a debt-to-equity ratio of 1.89. The business’s 50 day moving average is $246.03 and its two-hundred day moving average is $238.54. The company has a market cap of $149.96 billion, a PE ratio of 23.45, a price-to-earnings-growth ratio of 2.21 and a beta of 1.05.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, July 25th. The railroad operator reported $2.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.71 by $0.03. The business had revenue of $6.01 billion for the quarter, compared to the consensus estimate of $6.05 billion. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. Union Pacific’s quarterly revenue was up .7% on a year-over-year basis. During the same quarter last year, the company posted $2.57 earnings per share. Equities analysts predict that Union Pacific will post 11.06 EPS for the current year.

Insider Activity at Union Pacific

In related news, President Elizabeth F. Whited sold 3,552 shares of Union Pacific stock in a transaction dated Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total value of $875,887.68. Following the completion of the sale, the president now directly owns 64,945 shares in the company, valued at $16,014,787.55. This trade represents a 0.00 % 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 the SEC website. 0.28% of the stock is currently owned by company insiders.

Institutional Trading of Union Pacific

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Richardson Capital Management LLC acquired a new position in shares of Union Pacific during the 1st quarter worth about $26,000. Strategic Investment Solutions Inc. IL acquired a new position in shares of Union Pacific during the 2nd quarter worth about $28,000. Scarborough Advisors LLC acquired a new position in shares of Union Pacific during the 4th quarter worth about $29,000. Cultivar Capital Inc. acquired a new position in shares of Union Pacific during the 2nd quarter worth about $27,000. Finally, Tributary Capital Management LLC acquired a new position in shares of Union Pacific during the 1st quarter worth about $30,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

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.