Susquehanna Cuts Union Pacific (NYSE:UNP) Price Target to $255.00

Union Pacific (NYSE:UNP) had its price objective cut by research analysts at Susquehanna from $260.00 to $255.00 in a research report issued on Friday, Benzinga reports. The brokerage currently has a “neutral” rating on the railroad operator’s stock. Susquehanna’s price target suggests a potential upside of 10.95% from the stock’s previous close.

Several other equities research analysts have also recently weighed in on UNP. BMO Capital Markets lowered their price objective on shares of Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a research report on Friday, September 20th. Wells Fargo & Company dropped their price objective on shares of Union Pacific from $270.00 to $255.00 and set an “overweight” rating for the company in a research report on Friday. Stifel Nicolaus decreased their price objective on Union Pacific from $267.00 to $265.00 and set a “buy” rating on the stock in a research report on Wednesday, July 17th. Citigroup began coverage on Union Pacific in a research report on Wednesday, October 9th. They set a “neutral” rating and a $264.00 target price for the company. Finally, StockNews.com cut Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, October 1st. Nine investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $259.50.

Union Pacific Price Performance

UNP stock traded down $0.91 during trading on Friday, hitting $229.84. 353,599 shares of the stock traded hands, compared to its average volume of 2,268,735. The company has a current ratio of 1.05, a quick ratio of 0.86 and a debt-to-equity ratio of 1.89. The stock has a market cap of $140.02 billion, a price-to-earnings ratio of 21.63, a P/E/G ratio of 2.23 and a beta of 1.05. Union Pacific has a one year low of $199.97 and a one year high of $258.66. The company has a 50 day simple moving average of $246.57 and a 200 day simple moving average of $238.60.

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 $2.76 by ($0.01). Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The business had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.14 billion. During the same period in the prior year, the business earned $2.51 earnings per share. The company’s revenue for the quarter was up 2.5% on a year-over-year basis. Equities analysts expect that Union Pacific will post 11.07 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, President Elizabeth F. Whited sold 3,552 shares of the firm’s stock in a transaction dated Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total transaction of $875,887.68. Following the sale, the president now owns 64,945 shares of the company’s stock, valued at $16,014,787.55. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.28% of the company’s stock.

Institutional Investors Weigh In On Union Pacific

Institutional investors have recently added to or reduced their stakes in the stock. Richardson Capital Management LLC bought a new stake in shares of Union Pacific in the first quarter valued at about $26,000. Cultivar Capital Inc. bought a new stake in Union Pacific in the 2nd quarter valued at approximately $27,000. Strategic Investment Solutions Inc. IL acquired a new position in Union Pacific during the 2nd quarter worth approximately $28,000. Tributary Capital Management LLC bought a new position in shares of Union Pacific during the 1st quarter worth approximately $30,000. Finally, Financial Gravity Asset Management Inc. raised its holdings in shares of Union Pacific by 3,250.0% in the second quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock valued at $30,000 after purchasing an additional 130 shares during the last quarter. 80.38% of the stock is owned by institutional investors.

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.