Loop Capital Lowers Union Pacific (NYSE:UNP) to Hold

Union Pacific (NYSE:UNPGet Free Report) was downgraded by equities researchers at Loop Capital from a “buy” rating to a “hold” rating in a report released on Monday, Marketbeat Ratings reports. They presently have a $238.00 price target on the railroad operator’s stock, down from their previous price target of $276.00. Loop Capital’s price target indicates a potential upside of 6.93% from the company’s current price.

Several other research analysts also recently issued reports on UNP. The Goldman Sachs Group lifted their price objective on Union Pacific from $248.00 to $274.00 and gave the stock a “buy” rating in a research report on Thursday, April 11th. Jefferies Financial Group began coverage on Union Pacific in a research report on Monday, April 8th. They set a “hold” rating and a $250.00 price objective for the company. Benchmark lifted their price objective on Union Pacific from $260.00 to $266.00 and gave the stock a “buy” rating in a research report on Wednesday, April 10th. Susquehanna boosted their price target on Union Pacific from $255.00 to $270.00 and gave the company a “neutral” rating in a report on Friday, April 26th. Finally, JPMorgan Chase & Co. boosted their price target on Union Pacific from $237.00 to $243.00 and gave the company a “neutral” rating in a report on Tuesday, April 9th. Eight analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Union Pacific has an average rating of “Moderate Buy” and an average target price of $259.75.

Check Out Our Latest Report on Union Pacific

Union Pacific Price Performance

Shares of UNP opened at $222.58 on Monday. Union Pacific has a twelve month low of $199.06 and a twelve month high of $258.66. The stock’s 50 day moving average is $234.63 and its two-hundred day moving average is $240.77. The firm has a market capitalization of $135.80 billion, a PE ratio of 21.24, a P/E/G ratio of 1.81 and a beta of 1.05. The company has a current ratio of 0.93, a quick ratio of 0.76 and a debt-to-equity ratio of 1.99.

Union Pacific (NYSE:UNPGet Free Report) last announced its quarterly earnings results on Thursday, April 25th. The railroad operator reported $2.69 EPS for the quarter, topping the consensus estimate of $2.50 by $0.19. The business had revenue of $6.03 billion for the quarter, compared to analyst estimates of $5.97 billion. Union Pacific had a return on equity of 44.34% and a net margin of 26.52%. The company’s quarterly revenue was down .4% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.67 EPS. Research analysts anticipate that Union Pacific will post 11.25 earnings per share for the current year.

Institutional Investors Weigh In On Union Pacific

A number of institutional investors have recently modified their holdings of UNP. Norges Bank acquired a new stake in Union Pacific during the fourth quarter worth about $1,832,127,000. Capital Research Global Investors raised its stake in Union Pacific by 7.6% during the first quarter. Capital Research Global Investors now owns 7,370,752 shares of the railroad operator’s stock worth $1,812,689,000 after acquiring an additional 518,985 shares during the period. Wellington Management Group LLP raised its stake in Union Pacific by 0.3% during the third quarter. Wellington Management Group LLP now owns 7,261,449 shares of the railroad operator’s stock worth $1,478,649,000 after acquiring an additional 19,145 shares during the period. Northern Trust Corp raised its stake in Union Pacific by 4.4% during the third quarter. Northern Trust Corp now owns 6,803,796 shares of the railroad operator’s stock worth $1,385,457,000 after acquiring an additional 285,988 shares during the period. Finally, Fisher Asset Management LLC raised its stake in Union Pacific by 2.2% during the fourth quarter. Fisher Asset Management LLC now owns 5,867,842 shares of the railroad operator’s stock worth $1,441,260,000 after acquiring an additional 125,522 shares during the period. Institutional investors and hedge funds own 80.38% of the company’s stock.

About Union Pacific

(Get Free Report)

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.

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Analyst Recommendations for Union Pacific (NYSE:UNP)

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