Union Pacific (NYSE:UNP) Price Target Cut to $265.00 by Analysts at Wells Fargo & Company

Union Pacific (NYSE:UNP) had its price objective lowered by analysts at Wells Fargo & Company from $267.00 to $265.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The firm presently has an “overweight” rating on the railroad operator’s stock. Wells Fargo & Company‘s price objective would suggest a potential upside of 14.23% from the stock’s previous close.

A number of other equities analysts also recently issued reports on UNP. StockNews.com downgraded Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Barclays increased their price target on shares of Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 13th. Stifel Nicolaus cut their price objective on shares of Union Pacific from $265.00 to $262.00 and set a “buy” rating for the company in a research report on Friday, October 25th. Robert W. Baird lowered their target price on Union Pacific from $270.00 to $260.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. Finally, Citigroup upped their price target on Union Pacific from $255.00 to $267.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 12th. Nine equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $260.30.

Union Pacific Trading Up 0.9 %

Shares of Union Pacific stock traded up $1.98 during trading on Tuesday, reaching $231.99. 328,202 shares of the stock were exchanged, compared to its average volume of 2,049,968. Union Pacific has a 1 year low of $218.55 and a 1 year high of $258.66. The firm has a market cap of $140.65 billion, a price-to-earnings ratio of 21.30, a price-to-earnings-growth ratio of 2.33 and a beta of 1.06. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. The stock’s fifty day moving average is $234.85 and its 200 day moving average is $238.70.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). The business had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The business’s quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter last year, the firm posted $2.51 EPS. As a group, equities research analysts expect that Union Pacific will post 10.94 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Union Pacific

Several hedge funds and other institutional investors have recently added to or reduced their stakes in UNP. Insight Wealth Strategies LLC boosted its position in Union Pacific by 7.7% in the 4th quarter. Insight Wealth Strategies LLC now owns 9,882 shares of the railroad operator’s stock worth $2,253,000 after purchasing an additional 710 shares in the last quarter. CWA Asset Management Group LLC lifted its stake in shares of Union Pacific by 3.3% in the 4th quarter. CWA Asset Management Group LLC now owns 7,816 shares of the railroad operator’s stock valued at $1,782,000 after purchasing an additional 251 shares during the period. Pensionfund Sabic boosted its holdings in Union Pacific by 61.5% during the fourth quarter. Pensionfund Sabic now owns 10,500 shares of the railroad operator’s stock worth $2,394,000 after buying an additional 4,000 shares in the last quarter. Nordea Investment Management AB increased its holdings in Union Pacific by 3.9% in the fourth quarter. Nordea Investment Management AB now owns 107,488 shares of the railroad operator’s stock valued at $24,499,000 after buying an additional 4,075 shares in the last quarter. Finally, Central Pacific Bank Trust Division raised its position in shares of Union Pacific by 13.3% in the fourth quarter. Central Pacific Bank Trust Division now owns 1,250 shares of the railroad operator’s stock worth $285,000 after acquiring an additional 147 shares during the period. 80.38% of the stock is owned by institutional investors and hedge funds.

About Union Pacific

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.