Union Pacific (NYSE:UNP) Upgraded at ValuEngine

Union Pacific (NYSE:UNP) was upgraded by research analysts at ValuEngine from a “hold” rating to a “buy” rating in a report released on Friday, ValuEngine reports.

Several other research firms have also recently commented on UNP. Cowen reaffirmed an “outperform” rating and set a $187.00 price objective (up from $178.00) on shares of Union Pacific in a research report on Thursday, April 18th. Morgan Stanley set a $36.00 price objective on ArcBest and gave the company a “hold” rating in a research report on Monday. BMO Capital Markets set a $44.00 price objective on Schlumberger and gave the company a “hold” rating in a research report on Monday, April 22nd. Deutsche Bank raised CYBERAGENT INC/ADR from a “hold” rating to a “buy” rating in a research report on Wednesday, June 12th. Finally, Stifel Nicolaus set a $170.00 price objective on Union Pacific and gave the company a “hold” rating in a research report on Tuesday, April 23rd. One analyst has rated the stock with a sell rating, eight have issued a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Union Pacific currently has an average rating of “Buy” and an average price target of $176.57.

Shares of NYSE UNP traded up $2.30 during trading on Friday, reaching $174.05. The company had a trading volume of 2,036,400 shares, compared to its average volume of 3,635,014. Union Pacific has a 12-month low of $128.08 and a 12-month high of $180.02. The stock has a market cap of $120.03 billion, a PE ratio of 22.00, a PEG ratio of 1.89 and a beta of 1.04. The business’s 50-day moving average is $169.48. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.60 and a current ratio of 0.75.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, April 18th. The railroad operator reported $1.93 EPS for the quarter, topping analysts’ consensus estimates of $1.89 by $0.04. Union Pacific had a return on equity of 30.73% and a net margin of 26.59%. The firm had revenue of $5.38 billion for the quarter, compared to analysts’ expectations of $5.51 billion. During the same period in the prior year, the firm posted $1.68 earnings per share. The company’s quarterly revenue was down 1.7% on a year-over-year basis. Research analysts forecast that Union Pacific will post 8.96 EPS for the current year.

In other news, EVP Robert M. Knight, Jr. sold 1,380 shares of the firm’s stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $180.01, for a total value of $248,413.80. Following the transaction, the executive vice president now owns 94,943 shares of the company’s stock, valued at $17,090,689.43. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Rhonda S. Ferguson sold 11,485 shares of the firm’s stock in a transaction dated Thursday, April 18th. The stock was sold at an average price of $175.00, for a total value of $2,009,875.00. Following the completion of the transaction, the executive vice president now directly owns 53,858 shares in the company, valued at approximately $9,425,150. The disclosure for this sale can be found here. 9.96% of the stock is currently owned by corporate insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Camarda Financial Advisors LLC raised its stake in shares of Union Pacific by 673.7% in the first quarter. Camarda Financial Advisors LLC now owns 147 shares of the railroad operator’s stock worth $25,000 after buying an additional 128 shares during the period. Squar Milner Financial Services LLC raised its stake in shares of Union Pacific by 368.6% in the first quarter. Squar Milner Financial Services LLC now owns 164 shares of the railroad operator’s stock worth $27,000 after buying an additional 129 shares during the period. Mackey Komara & Dankovich LLC bought a new position in shares of Union Pacific in the first quarter worth about $29,000. Joseph P. Lucia & Associates LLC bought a new position in shares of Union Pacific in the first quarter worth about $30,000. Finally, Clarfeld Financial Advisors LLC purchased a new stake in shares of Union Pacific during the fourth quarter worth about $42,000. 78.93% of the stock is currently owned by hedge funds and other institutional investors.

About Union Pacific

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages in the railroad business in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, fertilizers, and food and beverage products; coal and sand, as well as petroleum, liquid petroleum gases, and renewables; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, and soda ash, as well as intermodal and finished vehicles.

Further Reading: Can individual investors take part in an IPO?

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Union Pacific (NYSE:UNP)

Receive News & Ratings for Union Pacific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Union Pacific and related companies with MarketBeat.com's FREE daily email newsletter.