Union Pacific Corporation (NYSE:UNP) had its target price boosted by BMO Capital Markets from $123.00 to $127.00 in a research note released on Friday, October 27th. The brokerage currently has an outperform rating on the railroad operator’s stock.
UNP has been the subject of a number of other research reports. BidaskClub lowered shares of Union Pacific Corporation from a hold rating to a sell rating in a report on Thursday, July 27th. Off Wall Street began coverage on shares of Union Pacific Corporation in a research note on Tuesday, October 17th. They issued a sell rating on the stock. Zacks Investment Research raised shares of Union Pacific Corporation from a hold rating to a buy rating and set a $122.00 price objective on the stock in a research note on Thursday, July 13th. Morgan Stanley reaffirmed an overweight rating and issued a $102.00 price objective (up from $100.00) on shares of Union Pacific Corporation in a research note on Monday, July 10th. Finally, Aegis cut shares of Union Pacific Corporation from a buy rating to a hold rating and raised their price objective for the company from $120.00 to $122.00 in a research note on Tuesday, October 10th. Four equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating and four have issued a buy rating to the company. The company presently has an average rating of Hold and an average target price of $117.59.
Union Pacific Corporation (NYSE:UNP) traded down $0.22 during midday trading on Friday, hitting $116.48. 2,688,900 shares of the stock traded hands, compared to its average volume of 3,535,333. The firm has a market capitalization of $91,862.59, a price-to-earnings ratio of 20.62, a price-to-earnings-growth ratio of 1.89 and a beta of 0.87. The company has a current ratio of 1.16, a quick ratio of 0.97 and a debt-to-equity ratio of 0.83. Union Pacific Corporation has a 12 month low of $97.48 and a 12 month high of $119.71.
Union Pacific Corporation (NYSE:UNP) last posted its quarterly earnings data on Thursday, October 26th. The railroad operator reported $1.50 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.49 by $0.01. The company had revenue of $5.41 billion during the quarter, compared to analyst estimates of $5.32 billion. Union Pacific Corporation had a net margin of 21.84% and a return on equity of 23.35%. The company’s revenue was up 4.5% on a year-over-year basis. During the same quarter last year, the business posted $1.36 earnings per share. research analysts expect that Union Pacific Corporation will post 5.78 earnings per share for the current year.
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Hedge funds have recently made changes to their positions in the stock. Gainplan LLC boosted its holdings in Union Pacific Corporation by 0.6% in the 2nd quarter. Gainplan LLC now owns 2,230 shares of the railroad operator’s stock valued at $243,000 after purchasing an additional 13 shares during the period. Advisors Management Group Inc. ADV boosted its holdings in Union Pacific Corporation by 0.5% in the 2nd quarter. Advisors Management Group Inc. ADV now owns 3,330 shares of the railroad operator’s stock valued at $363,000 after purchasing an additional 17 shares during the period. Highland Private Wealth Management boosted its holdings in Union Pacific Corporation by 0.9% in the 2nd quarter. Highland Private Wealth Management now owns 1,996 shares of the railroad operator’s stock valued at $217,000 after purchasing an additional 18 shares during the period. Summit Asset Management LLC boosted its holdings in Union Pacific Corporation by 0.3% in the 1st quarter. Summit Asset Management LLC now owns 7,206 shares of the railroad operator’s stock valued at $763,000 after purchasing an additional 19 shares during the period. Finally, Genovese Burford & Brothers Wealth & Retirement Plan Management LLC boosted its holdings in Union Pacific Corporation by 0.3% in the 2nd quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 6,579 shares of the railroad operator’s stock valued at $716,000 after purchasing an additional 20 shares during the period. 79.66% of the stock is owned by institutional investors and hedge funds.
About Union Pacific Corporation
Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.
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