Wells Fargo & Company Issues Pessimistic Forecast for Union Pacific (NYSE:UNP) Stock Price

Union Pacific (NYSE:UNP - Get Free Report) had its target price decreased by research analysts at Wells Fargo & Company from $265.00 to $260.00 in a report released on Thursday, March 27th,Benzinga reports. The firm presently has an "overweight" rating on the railroad operator's stock. Wells Fargo & Company's target price would indicate a potential upside of 13.59% from the stock's current price.

Several other equities analysts have also commented on the company. TD Cowen raised their price target on Union Pacific from $245.00 to $258.00 and gave the company a "buy" rating in a research note on Friday, January 24th. Loop Capital cut shares of Union Pacific from a "hold" rating to a "sell" rating and lowered their price target for the stock from $265.00 to $200.00 in a research report on Monday, February 3rd. Raymond James reissued a "strong-buy" rating and set a $285.00 price objective (up from $265.00) on shares of Union Pacific in a report on Friday, January 24th. BMO Capital Markets increased their target price on Union Pacific from $275.00 to $277.00 and gave the company an "outperform" rating in a research report on Friday, January 24th. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on Union Pacific in a research note on Friday, March 7th. They set a "buy" rating and a $295.00 price objective for the company. One analyst has rated the stock with a sell rating, eight have given a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $261.95.

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Union Pacific Trading Down 4.0 %

Shares of UNP stock traded down $9.56 on Thursday, reaching $228.90. 1,993,542 shares of the company's stock were exchanged, compared to its average volume of 2,427,990. The stock has a market capitalization of $137.18 billion, a PE ratio of 20.64, a P/E/G ratio of 2.15 and a beta of 1.05. Union Pacific has a 52 week low of $218.55 and a 52 week high of $258.07. The company's fifty day simple moving average is $243.22 and its 200 day simple moving average is $239.23. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76.

Union Pacific (NYSE:UNP - Get Free Report) last issued its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 EPS for the quarter, topping analysts' consensus estimates of $2.76 by $0.15. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. During the same quarter last year, the firm earned $2.71 EPS. As a group, analysts forecast that Union Pacific will post 11.99 EPS for the current year.

Insider Activity at Union Pacific

In related news, EVP Craig V. Richardson sold 6,495 shares of the business's stock in a transaction on Monday, January 27th. The shares were sold at an average price of $252.00, for a total transaction of $1,636,740.00. Following the completion of the transaction, the executive vice president now directly owns 26,319 shares in the company, valued at $6,632,388. The trade was a 19.79 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, President Elizabeth F. Whited sold 7,500 shares of the firm's stock in a transaction dated Friday, January 24th. The stock was sold at an average price of $250.00, for a total value of $1,875,000.00. Following the sale, the president now directly owns 64,960 shares in the company, valued at approximately $16,240,000. This trade represents a 10.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.28% of the stock is owned by insiders.

Hedge Funds Weigh In On Union Pacific

Hedge funds have recently bought and sold shares of the business. World Investment Advisors LLC grew its stake in Union Pacific by 103.1% in the 3rd quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator's stock valued at $8,770,000 after acquiring an additional 18,060 shares during the period. abrdn plc lifted its stake in Union Pacific by 9.3% in the 4th quarter. abrdn plc now owns 415,874 shares of the railroad operator's stock valued at $94,588,000 after buying an additional 35,414 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in Union Pacific by 2.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 179,925 shares of the railroad operator's stock worth $44,348,000 after buying an additional 4,939 shares during the last quarter. Border to Coast Pensions Partnership Ltd increased its stake in Union Pacific by 24.2% during the 4th quarter. Border to Coast Pensions Partnership Ltd now owns 277,267 shares of the railroad operator's stock worth $63,185,000 after buying an additional 53,946 shares in the last quarter. Finally, Pensionfund Sabic raised its holdings in shares of Union Pacific by 61.5% during the fourth quarter. Pensionfund Sabic now owns 10,500 shares of the railroad operator's stock valued at $2,394,000 after acquiring an additional 4,000 shares during the last quarter. Hedge funds and other institutional investors 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.