Research analysts at Off Wall Street initiated coverage on shares of Union Pacific Corporation (NYSE:UNP) in a research note issued on Tuesday. The brokerage set a “sell” rating on the railroad operator’s stock.

UNP has been the topic of several other reports. BidaskClub lowered Union Pacific Corporation from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. Zacks Investment Research raised Union Pacific Corporation from a “hold” rating to a “buy” rating and set a $122.00 target price on the stock in a report on Thursday, July 13th. Morgan Stanley reaffirmed an “overweight” rating and set a $102.00 target price (up from $100.00) on shares of Union Pacific Corporation in a report on Monday, July 10th. Deutsche Bank AG lowered Union Pacific Corporation from a “buy” rating to a “hold” rating and dropped their target price for the stock from $132.00 to $110.00 in a report on Friday, July 21st. Finally, BMO Capital Markets reiterated a “buy” rating and set a $123.00 price target on shares of Union Pacific Corporation in a research report on Friday, September 15th. Three research analysts have rated the stock with a sell rating, fourteen have given a hold rating and five have assigned a buy rating to the company. Union Pacific Corporation presently has a consensus rating of “Hold” and a consensus target price of $113.36.

Shares of Union Pacific Corporation (NYSE UNP) traded down 1.36% during trading on Tuesday, hitting $110.57. 3,852,532 shares of the company were exchanged. The stock has a market capitalization of $88.50 billion, a PE ratio of 20.05 and a beta of 0.84. Union Pacific Corporation has a 1-year low of $87.06 and a 1-year high of $116.93. The company has a 50 day moving average of $111.31 and a 200-day moving average of $108.53.

Union Pacific Corporation (NYSE:UNP) last issued its quarterly earnings data on Thursday, July 20th. The railroad operator reported $1.45 earnings per share for the quarter, topping analysts’ consensus estimates of $1.39 by $0.06. The firm had revenue of $5.25 billion during the quarter, compared to analysts’ expectations of $5.19 billion. Union Pacific Corporation had a return on equity of 22.70% and a net margin of 21.79%. The firm’s quarterly revenue was up 10.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.17 EPS. On average, analysts forecast that Union Pacific Corporation will post $5.76 earnings per share for the current year.

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Several hedge funds and other institutional investors have recently modified their holdings of the company. Fulton Bank N.A. grew its stake in shares of Union Pacific Corporation by 11.5% in the third quarter. Fulton Bank N.A. now owns 5,219 shares of the railroad operator’s stock valued at $606,000 after buying an additional 539 shares in the last quarter. Curbstone Financial Management Corp grew its stake in shares of Union Pacific Corporation by 96.9% in the third quarter. Curbstone Financial Management Corp now owns 5,770 shares of the railroad operator’s stock valued at $669,000 after buying an additional 2,840 shares in the last quarter. Yorkville Capital Management LLC acquired a new stake in shares of Union Pacific Corporation in the second quarter valued at $202,000. Burgundy Asset Management Ltd. grew its stake in shares of Union Pacific Corporation by 1.0% in the second quarter. Burgundy Asset Management Ltd. now owns 3,897,599 shares of the railroad operator’s stock valued at $424,488,000 after buying an additional 40,169 shares in the last quarter. Finally, Perigon Wealth Management LLC grew its stake in shares of Union Pacific Corporation by 347.5% in the second quarter. Perigon Wealth Management LLC now owns 11,139 shares of the railroad operator’s stock valued at $1,213,000 after buying an additional 8,650 shares in the last quarter. 78.33% of the stock is owned by institutional investors and hedge funds.

About Union Pacific Corporation

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.

Analyst Recommendations for Union Pacific Corporation (NYSE:UNP)

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