Union Pacific (NYSE:UNP) Stock Rating Lowered by ValuEngine

Union Pacific (NYSE:UNP) was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating in a research note issued to investors on Thursday, ValuEngine reports.

Other equities research analysts have also recently issued research reports about the company. Goldman Sachs Group assumed coverage on Union Pacific in a research note on Wednesday, July 10th. They set a “buy” rating and a $198.00 price target for the company. Zacks Investment Research upgraded Union Pacific from a “sell” rating to a “hold” rating and set a $184.00 price target for the company in a research note on Monday, July 22nd. BMO Capital Markets upped their price target on Union Pacific to $190.00 and gave the stock an “outperform” rating in a research note on Monday, April 22nd. UBS Group set a $201.00 price objective on Union Pacific and gave the stock a “buy” rating in a research report on Friday, July 19th. Finally, Cascend Securities cut Union Pacific from a “buy” rating to a “hold” rating in a research report on Wednesday, July 17th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and fourteen have issued a buy rating to the company. Union Pacific presently has an average rating of “Buy” and an average price target of $182.62.

Shares of UNP stock traded down $4.94 during trading hours on Thursday, hitting $175.01. The stock had a trading volume of 4,278,028 shares, compared to its average volume of 3,670,512. The company has a market capitalization of $123.55 billion, a price-to-earnings ratio of 22.13, a PEG ratio of 1.98 and a beta of 1.04. Union Pacific has a twelve month low of $128.08 and a twelve month high of $180.54. The stock has a 50 day moving average price of $171.09. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.72 and a quick ratio of 0.58.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, July 18th. The railroad operator reported $2.22 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $2.12 by $0.10. Union Pacific had a return on equity of 31.74% and a net margin of 26.95%. The business had revenue of $5.60 billion during the quarter, compared to analysts’ expectations of $5.62 billion. During the same quarter in the prior year, the business earned $1.98 earnings per share. The company’s quarterly revenue was down 1.3% compared to the same quarter last year. On average, research analysts expect that Union Pacific will post 8.96 EPS for the current year.

In other Union Pacific news, EVP Robert M. Knight, Jr. sold 8,620 shares of the firm’s stock in a transaction dated Wednesday, July 31st. The stock was sold at an average price of $180.04, for a total value of $1,551,944.80. Following the sale, the executive vice president now directly owns 94,943 shares of the company’s stock, valued at approximately $17,093,537.72. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director William J. Delaney III purchased 5,000 shares of the firm’s stock in a transaction on Monday, May 20th. The stock was acquired at an average cost of $174.06 per share, for a total transaction of $870,300.00. Following the completion of the purchase, the director now owns 5,000 shares in the company, valued at approximately $870,300. The disclosure for this purchase can be found here. 9.96% of the stock is owned by company insiders.

Large investors have recently modified their holdings of the business. Camarda Financial Advisors LLC raised its holdings in shares of Union Pacific by 673.7% in the 1st quarter. Camarda Financial Advisors LLC now owns 147 shares of the railroad operator’s stock worth $25,000 after purchasing an additional 128 shares during the period. Squar Milner Financial Services LLC raised its holdings in shares of Union Pacific by 368.6% in the 1st quarter. Squar Milner Financial Services LLC now owns 164 shares of the railroad operator’s stock worth $27,000 after purchasing an additional 129 shares during the period. Mackey Komara & Dankovich LLC purchased a new position in shares of Union Pacific in the 1st quarter worth about $29,000. Joseph P. Lucia & Associates LLC purchased a new position in shares of Union Pacific in the 1st quarter worth about $30,000. Finally, Manchester Financial Inc. purchased a new position in shares of Union Pacific in the 2nd quarter worth about $39,000. 79.30% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Company Profile

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.

Featured Article: What is the formula for the cash asset ratio?

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.