Sanford C. Bernstein Issues Positive Forecast for Union Pacific (NYSE:UNP) Stock Price

Union Pacific (NYSE:UNP - Get Free Report) had its target price increased by stock analysts at Sanford C. Bernstein from $271.00 to $286.00 in a research note issued on Monday,Benzinga reports. The brokerage presently has an "outperform" rating on the railroad operator's stock. Sanford C. Bernstein's target price would suggest a potential upside of 27.17% from the stock's current price.

Other equities research analysts have also issued reports about the company. Raymond James Financial reissued a "strong-buy" rating on shares of Union Pacific in a research report on Tuesday, July 15th. Barclays increased their price target on Union Pacific from $260.00 to $270.00 and gave the company an "overweight" rating in a research report on Thursday, July 10th. Baird R W raised Union Pacific to a "hold" rating in a research note on Tuesday, July 1st. Susquehanna raised Union Pacific from a "neutral" rating to a "positive" rating and increased their price objective for the stock from $245.00 to $260.00 in a research note on Tuesday, June 24th. Finally, Robert W. Baird initiated coverage on Union Pacific in a research note on Tuesday, July 1st. They issued a "neutral" rating and a $231.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $257.75.

Union Pacific Stock Down 1.1%

UNP stock opened at $224.90 on Monday. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.61 and a current ratio of 0.73. Union Pacific has a fifty-two week low of $204.66 and a fifty-two week high of $258.07. The company's 50 day moving average price is $227.52 and its 200 day moving average price is $231.19. The firm has a market capitalization of $134.37 billion, a price-to-earnings ratio of 20.26, a PEG ratio of 2.25 and a beta of 1.05.

Union Pacific (NYSE:UNP - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The railroad operator reported $2.70 EPS for the quarter, missing the consensus estimate of $2.73 by ($0.03). Union Pacific had a return on equity of 40.80% and a net margin of 27.76%. The business had revenue of $6.03 billion during the quarter, compared to analysts' expectations of $6.11 billion. During the same quarter in the prior year, the firm earned $2.69 earnings per share. Union Pacific's quarterly revenue was down .1% on a year-over-year basis. On average, equities research analysts anticipate that Union Pacific will post 11.99 EPS for the current fiscal year.

Hedge Funds Weigh In On Union Pacific

A number of hedge funds have recently made changes to their positions in UNP. Fiduciary Trust Co lifted its holdings in Union Pacific by 2.8% in the 4th quarter. Fiduciary Trust Co now owns 102,213 shares of the railroad operator's stock worth $23,309,000 after buying an additional 2,807 shares during the period. Sherbrooke Park Advisers LLC bought a new position in shares of Union Pacific during the fourth quarter valued at approximately $781,000. Meadow Creek Wealth Advisors LLC grew its stake in Union Pacific by 10.9% in the first quarter. Meadow Creek Wealth Advisors LLC now owns 3,666 shares of the railroad operator's stock worth $866,000 after purchasing an additional 359 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of Union Pacific by 16.8% during the 1st quarter. GAMMA Investing LLC now owns 10,545 shares of the railroad operator's stock valued at $2,491,000 after purchasing an additional 1,520 shares during the last quarter. Finally, Truist Financial Corp raised its stake in Union Pacific by 2.7% in the 1st quarter. Truist Financial Corp now owns 968,061 shares of the railroad operator's stock worth $228,695,000 after acquiring an additional 25,900 shares during the last quarter. 80.38% of the stock is currently 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.