Union Pacific Corporation (NYSE:UNP) was downgraded by research analysts at Morgan Stanley from an “overweight” rating to an “equal weight” rating in a report released on Monday. They presently have a $100.00 target price on the railroad operator’s stock, down from their previous target price of $102.00. Morgan Stanley’s price target suggests a potential downside of 12.96% from the stock’s previous close.

UNP has been the subject of a number of other research reports. BidaskClub cut shares of Union Pacific Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. Zacks Investment Research upgraded Union Pacific Corporation from a “hold” rating to a “buy” rating and set a $122.00 target price on the stock in a research note on Thursday, July 13th. Deutsche Bank AG downgraded Union Pacific Corporation from a “buy” rating to a “hold” rating and lowered their target price for the company from $132.00 to $110.00 in a research note on Friday, July 21st. BMO Capital Markets reissued a “buy” rating and issued a $123.00 target price on shares of Union Pacific Corporation in a report on Friday, September 15th. Finally, Royal Bank Of Canada reaffirmed a “hold” rating and set a $115.00 price target on shares of Union Pacific Corporation in a report on Friday, August 25th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $113.26.

Shares of Union Pacific Corporation (NYSE:UNP) opened at 114.89 on Monday. The firm has a market capitalization of $91.96 billion, a P/E ratio of 20.84 and a beta of 0.84. Union Pacific Corporation has a 12 month low of $87.06 and a 12 month high of $116.93. The firm’s 50-day moving average price is $109.16 and its 200 day moving average price is $108.01.

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, beating the Zacks’ consensus estimate of $1.39 by $0.06. The company 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 revenue for the quarter was up 10.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.17 earnings per share. Analysts anticipate that Union Pacific Corporation will post $5.78 earnings per share for the current fiscal year.

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In related news, EVP Cameron A. Scott sold 17,604 shares of Union Pacific Corporation stock in a transaction on Friday, July 7th. The shares were sold at an average price of $107.60, for a total transaction of $1,894,190.40. Following the transaction, the executive vice president now owns 95,470 shares in the company, valued at approximately $10,272,572. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.20% of the stock is owned by corporate insiders.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. FMR LLC lifted its stake in shares of Union Pacific Corporation by 84.6% during the second quarter. FMR LLC now owns 9,603,068 shares of the railroad operator’s stock worth $1,045,870,000 after purchasing an additional 4,399,980 shares in the last quarter. Janus Henderson Group PLC boosted its position in shares of Union Pacific Corporation by 990.5% in the second quarter. Janus Henderson Group PLC now owns 2,243,574 shares of the railroad operator’s stock worth $244,339,000 after buying an additional 2,037,834 shares during the period. Voya Investment Management LLC boosted its position in shares of Union Pacific Corporation by 88.7% in the second quarter. Voya Investment Management LLC now owns 4,060,423 shares of the railroad operator’s stock worth $442,221,000 after buying an additional 1,908,175 shares during the period. Ameriprise Financial Inc. boosted its position in shares of Union Pacific Corporation by 59.3% in the second quarter. Ameriprise Financial Inc. now owns 4,773,609 shares of the railroad operator’s stock worth $519,785,000 after buying an additional 1,776,644 shares during the period. Finally, Arrowstreet Capital Limited Partnership boosted its position in shares of Union Pacific Corporation by 290.6% in the second quarter. Arrowstreet Capital Limited Partnership now owns 2,187,401 shares of the railroad operator’s stock worth $238,230,000 after buying an additional 1,627,453 shares during the period. Hedge funds and other institutional investors own 78.38% of the company’s stock.

Union Pacific Corporation Company Profile

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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