Union Pacific (NYSE:UNP) Given New $285.00 Price Target at Barclays

Union Pacific (NYSE:UNP) had its target price increased by research analysts at Barclays from $275.00 to $285.00 in a report released on Wednesday,Benzinga reports. The firm presently has an “overweight” rating on the railroad operator’s stock. Barclays‘s price target would suggest a potential upside of 18.75% from the stock’s previous close.

A number of other equities research analysts also recently weighed in on the company. Sanford C. Bernstein cut their price target on Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research note on Wednesday, October 9th. Daiwa America downgraded Union Pacific from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, September 4th. Wells Fargo & Company cut their price target on Union Pacific from $270.00 to $255.00 and set an “overweight” rating for the company in a research note on Friday, October 25th. BMO Capital Markets cut their price target on Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a research note on Friday, September 20th. Finally, Raymond James raised their price target on Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a research note on Monday, October 14th. Nine investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $259.80.

Union Pacific Trading Up 0.5 %

Shares of NYSE:UNP traded up $1.10 during midday trading on Wednesday, reaching $240.01. The company had a trading volume of 469,935 shares, compared to its average volume of 2,304,497. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. Union Pacific has a 1-year low of $212.47 and a 1-year high of $258.66. The firm has a market cap of $145.51 billion, a price-to-earnings ratio of 22.04, a price-to-earnings-growth ratio of 2.36 and a beta of 1.06. The company has a fifty day simple moving average of $242.77 and a two-hundred day simple moving average of $238.63.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). The company had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The company’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter last year, the business earned $2.51 EPS. Research analysts predict that Union Pacific will post 10.94 earnings per share for the current year.

Institutional Trading of Union Pacific

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Private Trust Co. NA grew its holdings in shares of Union Pacific by 3.1% during the 3rd quarter. Private Trust Co. NA now owns 16,189 shares of the railroad operator’s stock worth $3,990,000 after purchasing an additional 485 shares in the last quarter. Hancock Whitney Corp grew its holdings in shares of Union Pacific by 2.3% during the 3rd quarter. Hancock Whitney Corp now owns 3,175 shares of the railroad operator’s stock worth $783,000 after purchasing an additional 71 shares in the last quarter. Loomis Sayles & Co. L P grew its holdings in shares of Union Pacific by 40.2% during the 3rd quarter. Loomis Sayles & Co. L P now owns 30,837 shares of the railroad operator’s stock worth $7,601,000 after purchasing an additional 8,847 shares in the last quarter. DRW Securities LLC grew its holdings in shares of Union Pacific by 391.0% during the 3rd quarter. DRW Securities LLC now owns 6,624 shares of the railroad operator’s stock worth $1,633,000 after purchasing an additional 5,275 shares in the last quarter. Finally, Independent Advisor Alliance grew its holdings in shares of Union Pacific by 2.8% during the 3rd quarter. Independent Advisor Alliance now owns 33,054 shares of the railroad operator’s stock worth $8,147,000 after purchasing an additional 911 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Company Profile

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.