Union Pacific (NYSE:UNP) Price Target Increased to $260.00 by Analysts at Susquehanna

Union Pacific (NYSE:UNP) had its price objective boosted by stock analysts at Susquehanna from $250.00 to $260.00 in a research note issued on Wednesday, Benzinga reports. The firm currently has a “neutral” rating on the railroad operator’s stock. Susquehanna’s price objective would suggest a potential upside of 8.05% from the company’s previous close.

UNP has been the topic of several other reports. Royal Bank of Canada increased their price target on Union Pacific from $275.00 to $288.00 and gave the stock an “outperform” rating in a research report on Monday. Barclays dropped their target price on Union Pacific from $290.00 to $280.00 and set an “overweight” rating on the stock in a research report on Friday, July 26th. Benchmark restated a “buy” rating and set a $266.00 target price on shares of Union Pacific in a research report on Monday, July 29th. Wells Fargo & Company began coverage on Union Pacific in a research report on Friday, June 7th. They set an “overweight” rating and a $270.00 target price on the stock. Finally, Daiwa America cut Union Pacific from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, September 4th. Eight research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $259.32.

Union Pacific Price Performance

NYSE UNP opened at $240.64 on Wednesday. The stock’s fifty day moving average price is $246.21 and its 200 day moving average price is $238.87. The company has a market cap of $146.60 billion, a price-to-earnings ratio of 22.96, a PEG ratio of 2.25 and a beta of 1.05. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.05 and a quick ratio of 0.86. Union Pacific has a 1 year low of $199.33 and a 1 year high of $258.66.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, July 25th. The railroad operator reported $2.74 earnings per share for the quarter, topping the consensus estimate of $2.71 by $0.03. The company had revenue of $6.01 billion for the quarter, compared to the consensus estimate of $6.05 billion. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. The firm’s revenue for the quarter was up .7% compared to the same quarter last year. During the same period last year, the firm earned $2.57 EPS. As a group, equities research analysts forecast that Union Pacific will post 11.1 earnings per share for the current year.

Insider Activity at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 3,552 shares of the firm’s stock in a transaction that occurred on Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total value of $875,887.68. Following the transaction, the president now directly owns 64,945 shares of the company’s stock, valued at approximately $16,014,787.55. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.28% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Rockland Trust Co. lifted its stake in Union Pacific by 10.6% in the 3rd quarter. Rockland Trust Co. now owns 114,885 shares of the railroad operator’s stock worth $28,317,000 after purchasing an additional 11,011 shares in the last quarter. Apella Capital LLC purchased a new position in Union Pacific in the 3rd quarter worth approximately $240,000. Farmers Trust Co. increased its holdings in shares of Union Pacific by 7.1% during the 3rd quarter. Farmers Trust Co. now owns 13,021 shares of the railroad operator’s stock worth $3,209,000 after buying an additional 866 shares during the last quarter. Bright Rock Capital Management LLC increased its holdings in shares of Union Pacific by 23.9% during the 3rd quarter. Bright Rock Capital Management LLC now owns 41,500 shares of the railroad operator’s stock worth $10,229,000 after buying an additional 8,000 shares during the last quarter. Finally, Czech National Bank increased its holdings in shares of Union Pacific by 6.7% during the 3rd quarter. Czech National Bank now owns 124,100 shares of the railroad operator’s stock worth $30,588,000 after buying an additional 7,836 shares during the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.

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.