Union Pacific (NYSE:UNP) Price Target Raised to $273.00

Union Pacific (NYSE:UNP) had its price target boosted by research analysts at Evercore ISI from $271.00 to $273.00 in a report released on Friday, Benzinga reports. The brokerage presently has an “outperform” rating on the railroad operator’s stock. Evercore ISI’s target price points to a potential upside of 12.44% from the stock’s previous close.

A number of other equities analysts have also commented on the stock. Susquehanna raised their price objective on shares of Union Pacific from $255.00 to $270.00 and gave the company a “neutral” rating in a research report on Friday. Raymond James raised their target price on shares of Union Pacific from $240.00 to $275.00 and gave the company a “strong-buy” rating in a research note on Tuesday, January 16th. Benchmark raised their target price on shares of Union Pacific from $260.00 to $266.00 and gave the company a “buy” rating in a research note on Wednesday, April 10th. JPMorgan Chase & Co. raised their target price on shares of Union Pacific from $237.00 to $243.00 and gave the company a “neutral” rating in a research note on Tuesday, April 9th. Finally, Sanford C. Bernstein raised shares of Union Pacific from a “market perform” rating to an “outperform” rating and set a $280.00 price target on the stock in a research note on Monday, January 22nd. Seven research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $258.78.

Union Pacific Price Performance

Shares of NYSE:UNP opened at $242.79 on Friday. The company has a 50-day moving average price of $244.27 and a two-hundred day moving average price of $235.15. The company has a quick ratio of 0.67, a current ratio of 0.93 and a debt-to-equity ratio of 1.99. Union Pacific has a twelve month low of $190.45 and a twelve month high of $258.66. The firm has a market capitalization of $148.13 billion, a PE ratio of 23.17, a P/E/G ratio of 2.63 and a beta of 1.07.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, April 25th. The railroad operator reported $2.69 EPS for the quarter, beating analysts’ consensus estimates of $2.50 by $0.19. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. The company had revenue of $6.03 billion during the quarter, compared to analyst estimates of $5.97 billion. During the same period last year, the business earned $2.67 earnings per share. Union Pacific’s revenue was down .4% compared to the same quarter last year. Equities analysts forecast that Union Pacific will post 11.01 EPS for the current year.

Insider Activity

In other news, President Elizabeth F. Whited sold 3,750 shares of the business’s stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $250.00, for a total transaction of $937,500.00. Following the sale, the president now owns 56,682 shares in the company, valued at approximately $14,170,500. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 0.28% of the company’s stock.

Institutional Trading of Union Pacific

A number of hedge funds have recently modified their holdings of UNP. Norges Bank purchased a new position in shares of Union Pacific in the 4th quarter worth about $1,832,127,000. Clearbridge Investments LLC raised its position in shares of Union Pacific by 108.9% in the 3rd quarter. Clearbridge Investments LLC now owns 4,128,575 shares of the railroad operator’s stock worth $840,702,000 after purchasing an additional 2,151,893 shares during the last quarter. FMR LLC raised its position in shares of Union Pacific by 62.8% in the 3rd quarter. FMR LLC now owns 5,496,708 shares of the railroad operator’s stock worth $1,119,295,000 after purchasing an additional 2,119,382 shares during the last quarter. Capital Research Global Investors raised its position in shares of Union Pacific by 23.1% in the 4th quarter. Capital Research Global Investors now owns 6,851,767 shares of the railroad operator’s stock worth $1,682,931,000 after purchasing an additional 1,285,144 shares during the last quarter. Finally, Winslow Capital Management LLC purchased a new position in shares of Union Pacific in the 4th quarter worth about $293,162,000. 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.