Off Wall Street began coverage on shares of Union Pacific Corporation (NYSE:UNP) in a research note published on Tuesday, October 17th, The Fly reports. The brokerage issued a sell rating on the railroad operator’s stock.
Several other equities analysts have also recently issued reports on the company. Stifel Nicolaus boosted their target price on Union Pacific Corporation from $118.00 to $120.00 and gave the company a hold rating in a research note on Friday, August 18th. Royal Bank Of Canada reissued a hold rating and set a $115.00 target price on shares of Union Pacific Corporation in a research note on Friday, August 25th. BMO Capital Markets reaffirmed a buy rating and issued a $123.00 price target on shares of Union Pacific Corporation in a research note on Friday, September 15th. Citigroup Inc. cut Union Pacific Corporation from a buy rating to a neutral rating and set a $120.00 price target on the stock. in a research note on Wednesday, October 4th. Finally, Aegis cut Union Pacific Corporation from a buy rating to a hold rating and upped their price target for the stock from $120.00 to $122.00 in a research note on Tuesday, October 10th. Three equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and four have issued a buy rating to the stock. The stock presently has an average rating of Hold and a consensus price target of $117.88.
Union Pacific Corporation (NYSE:UNP) traded up $0.36 during mid-day trading on Tuesday, reaching $117.54. The company’s stock had a trading volume of 596,029 shares, compared to its average volume of 3,629,191. The stock has a market cap of $92,240.44, a price-to-earnings ratio of 20.70, a PEG ratio of 1.90 and a beta of 0.87. The company has a quick ratio of 0.97, a current ratio of 1.16 and a debt-to-equity ratio of 0.83. Union Pacific Corporation has a 1-year low of $87.88 and a 1-year high of $119.71.
Union Pacific Corporation (NYSE:UNP) last announced its quarterly earnings results on Thursday, October 26th. The railroad operator reported $1.50 EPS for the quarter, topping the Zacks’ consensus estimate of $1.49 by $0.01. The business had revenue of $5.41 billion for the quarter, compared to analysts’ expectations of $5.32 billion. Union Pacific Corporation had a return on equity of 23.35% and a net margin of 21.84%. The business’s quarterly revenue was up 4.5% on a year-over-year basis. During the same period in the previous year, the firm earned $1.36 EPS. sell-side analysts expect that Union Pacific Corporation will post 5.78 EPS for the current fiscal year.
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Hedge funds have recently modified their holdings of the stock. Advantage Investment Management LLC lifted its stake in shares of Union Pacific Corporation by 263.7% during the 1st quarter. Advantage Investment Management LLC now owns 953 shares of the railroad operator’s stock worth $101,000 after acquiring an additional 691 shares during the last quarter. Mark Sheptoff Financial Planning LLC increased its holdings in Union Pacific Corporation by 96.3% during the 1st quarter. Mark Sheptoff Financial Planning LLC now owns 1,021 shares of the railroad operator’s stock worth $108,000 after purchasing an additional 501 shares during the period. Proficio Capital Partners LLC increased its holdings in Union Pacific Corporation by 36.3% during the 1st quarter. Proficio Capital Partners LLC now owns 1,028 shares of the railroad operator’s stock worth $111,000 after purchasing an additional 274 shares during the period. Mitsubishi UFJ Securities Holdings Co. Ltd. increased its holdings in Union Pacific Corporation by 46.6% during the 2nd quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,070 shares of the railroad operator’s stock worth $117,000 after purchasing an additional 340 shares during the period. Finally, SRS Capital Advisors Inc. increased its holdings in Union Pacific Corporation by 147.2% during the 1st quarter. SRS Capital Advisors Inc. now owns 1,152 shares of the railroad operator’s stock worth $122,000 after purchasing an additional 686 shares during the period. 80.03% of the stock is owned by hedge funds and other institutional investors.
Union Pacific Corporation Company Profile
Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.
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