Union Pacific (NYSE:UNP) Price Target Raised to $205.00 at Argus

Union Pacific (NYSE:UNP) had its price target lifted by stock analysts at Argus from $190.00 to $205.00 in a research report issued to clients and investors on Friday, The Fly reports. The firm presently has a “buy” rating on the railroad operator’s stock. Argus’ target price indicates a potential upside of 10.43% from the company’s current price.

A number of other brokerages have also recently issued reports on UNP. Cowen reissued a “buy” rating and issued a $172.00 target price on shares of Union Pacific in a report on Thursday, October 17th. UBS Group lowered Union Pacific from a “buy” rating to a “neutral” rating and upped their target price for the company from $184.00 to $201.00 in a report on Friday. Credit Suisse Group increased their price target on Union Pacific from $182.00 to $185.00 and gave the stock an “outperform” rating in a research report on Friday, October 18th. Morgan Stanley raised their price target on Union Pacific from $136.00 to $139.00 and gave the stock an “underweight” rating in a report on Monday, January 6th. Finally, Bank of America upgraded Union Pacific from a “neutral” rating to a “buy” rating in a research report on Tuesday, January 14th. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. Union Pacific presently has a consensus rating of “Hold” and a consensus target price of $191.85.

Union Pacific stock traded down $1.55 during mid-day trading on Friday, reaching $185.64. The company’s stock had a trading volume of 1,915,798 shares, compared to its average volume of 2,427,993. The firm has a market cap of $125.60 billion, a price-to-earnings ratio of 21.87, a PEG ratio of 1.92 and a beta of 1.08. The business has a 50 day moving average price of $179.26 and a 200-day moving average price of $171.19. The company has a current ratio of 0.89, a quick ratio of 0.72 and a debt-to-equity ratio of 1.35. Union Pacific has a twelve month low of $149.09 and a twelve month high of $187.68.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, January 23rd. The railroad operator reported $2.02 earnings per share for the quarter, missing the Zacks’ consensus estimate of $2.03 by ($0.01). Union Pacific had a return on equity of 32.65% and a net margin of 27.28%. The business had revenue of $5.21 billion for the quarter, compared to analyst estimates of $5.24 billion. During the same period last year, the company posted $2.12 earnings per share. The firm’s revenue for the quarter was down 9.5% on a year-over-year basis. On average, equities analysts expect that Union Pacific will post 8.46 EPS for the current fiscal year.

In other Union Pacific news, EVP Elizabeth F. Whited sold 5,342 shares of the business’s stock in a transaction on Monday, December 9th. The stock was sold at an average price of $171.62, for a total transaction of $916,794.04. Following the completion of the transaction, the executive vice president now owns 63,021 shares in the company, valued at approximately $10,815,664.02. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Jennifer L. Hamann sold 1,000 shares of the stock in a transaction on Thursday, January 16th. The stock was sold at an average price of $183.00, for a total value of $183,000.00. Following the completion of the transaction, the chief financial officer now directly owns 62,331 shares of the company’s stock, valued at approximately $11,406,573. The disclosure for this sale can be found here. Corporate insiders own 9.96% of the company’s stock.

Several institutional investors and hedge funds have recently modified their holdings of the company. Andra AP fonden increased its stake in shares of Union Pacific by 56.8% during the second quarter. Andra AP fonden now owns 19,600 shares of the railroad operator’s stock valued at $3,315,000 after acquiring an additional 7,100 shares during the period. Cambridge Investment Research Advisors Inc. lifted its position in Union Pacific by 1.3% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 66,337 shares of the railroad operator’s stock worth $11,218,000 after purchasing an additional 825 shares during the period. United Services Automobile Association lifted its position in Union Pacific by 18.8% in the second quarter. United Services Automobile Association now owns 523,076 shares of the railroad operator’s stock worth $88,457,000 after purchasing an additional 82,679 shares during the period. Eaton Vance Management lifted its position in Union Pacific by 1.4% in the second quarter. Eaton Vance Management now owns 777,407 shares of the railroad operator’s stock worth $131,467,000 after purchasing an additional 10,506 shares during the period. Finally, Cypress Capital Group bought a new position in Union Pacific during the 2nd quarter valued at $247,000. 77.91% of the stock is currently owned by institutional investors.

About Union Pacific

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages in the railroad business in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, fertilizers, and food and beverage products; coal and sand, as well as petroleum, liquid petroleum gases, and renewables; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, and soda ash, as well as intermodal and finished vehicles.

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