Union Pacific (UNP) Upgraded at Loop Capital

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Union Pacific (NYSE:UNP) was upgraded by analysts at Loop Capital from a “hold” rating to a “buy” rating in a report released on Tuesday, September 18th, MarketBeat Ratings reports.

Other equities research analysts have also issued reports about the stock. Cowen reiterated a “hold” rating and set a $151.00 target price on shares of Union Pacific in a report on Tuesday, September 18th. Deutsche Bank reiterated a “hold” rating on shares of Union Pacific in a report on Friday, September 7th. ValuEngine lowered shares of Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, September 4th. Bank of America increased their target price on shares of Union Pacific from $158.00 to $166.00 and gave the stock a “buy” rating in a report on Thursday, August 16th. Finally, Zacks Investment Research lowered shares of Union Pacific from a “buy” rating to a “hold” rating in a report on Wednesday, August 8th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and thirteen have issued a buy rating to the company’s stock. Union Pacific has a consensus rating of “Hold” and a consensus price target of $160.94.

Shares of Union Pacific stock traded up $0.56 during mid-day trading on Tuesday, hitting $152.65. The stock had a trading volume of 5,294,852 shares, compared to its average volume of 4,332,152. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.03 and a quick ratio of 0.85. The stock has a market cap of $120.41 billion, a price-to-earnings ratio of 26.36, a price-to-earnings-growth ratio of 1.97 and a beta of 0.81. Union Pacific has a 12-month low of $108.71 and a 12-month high of $165.63.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, July 19th. The railroad operator reported $1.98 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.94 by $0.04. The firm had revenue of $5.67 billion during the quarter, compared to analysts’ expectations of $5.65 billion. Union Pacific had a net margin of 51.31% and a return on equity of 23.63%. The firm’s quarterly revenue was up 8.0% on a year-over-year basis. During the same quarter last year, the company posted $1.45 EPS. Equities analysts expect that Union Pacific will post 7.77 earnings per share for the current fiscal year.

In related news, EVP Lynden L. Tennison sold 8,450 shares of the stock in a transaction on Tuesday, August 28th. The shares were sold at an average price of $151.72, for a total value of $1,282,034.00. Following the transaction, the executive vice president now directly owns 53,978 shares of the company’s stock, valued at approximately $8,189,542.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Robert M. Knight, Jr. sold 20,000 shares of the firm’s stock in a transaction on Monday, September 24th. The stock was sold at an average price of $163.81, for a total transaction of $3,276,200.00. Following the transaction, the executive vice president now directly owns 106,518 shares in the company, valued at $17,448,713.58. The disclosure for this sale can be found here. Company insiders own 0.20% of the company’s stock.

A number of institutional investors have recently modified their holdings of UNP. Thrivent Financial for Lutherans grew its position in Union Pacific by 1.5% during the 1st quarter. Thrivent Financial for Lutherans now owns 32,851 shares of the railroad operator’s stock worth $4,416,000 after purchasing an additional 487 shares during the last quarter. Motco boosted its holdings in shares of Union Pacific by 4.4% in the first quarter. Motco now owns 42,087 shares of the railroad operator’s stock valued at $5,658,000 after acquiring an additional 1,792 shares in the last quarter. Tyers Asset Management LLC boosted its holdings in shares of Union Pacific by 9.7% in the first quarter. Tyers Asset Management LLC now owns 193,424 shares of the railroad operator’s stock valued at $26,002,000 after acquiring an additional 17,072 shares in the last quarter. Connecticut Wealth Management LLC boosted its holdings in shares of Union Pacific by 18.2% in the first quarter. Connecticut Wealth Management LLC now owns 10,296 shares of the railroad operator’s stock valued at $1,370,000 after acquiring an additional 1,584 shares in the last quarter. Finally, Santa Barbara Asset Management LLC boosted its holdings in shares of Union Pacific by 18.5% in the first quarter. Santa Barbara Asset Management LLC now owns 1,324,292 shares of the railroad operator’s stock valued at $178,025,000 after acquiring an additional 207,017 shares in the last quarter. 80.43% of the stock is currently owned by institutional investors.

About Union Pacific

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, and food and beverage products; automotive, such as finished vehicles and automotive parts; and chemicals comprising industrial chemicals, plastics, fertilizers, petroleum and liquid petroleum gases, crude oil, and soda ash.

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Analyst Recommendations for Union Pacific (NYSE:UNP)

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