Union Pacific Corporation (UNP) was Initiated by Credit Agricole to “Sell”. Credit Agricole advised their investors in a research report released on May 19, 2016.
Many Wall Street Analysts have commented on Union Pacific Corporation. Company shares were Reiterated by RBC Capital Mkts on Apr 22, 2016 to “Outperform”, Firm has raised the Price Target to $ 95 from a previous price target of $90 .Shares were Downgraded by UBS on Apr 18, 2016 to ” Neutral” and Lowered the Price Target to $ 88 from a previous price target of $89 .Union Pacific Corporation was Downgraded by Morgan Stanley to ” Equal-Weight” on Feb 23, 2016.
On the company’s financial health, Union Pacific Corporation reported $1.16 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Apr 21, 2016. Analyst had a consensus of $1.10. The company had revenue of $4829.00 million for the quarter, compared to analysts expectations of $4887.49 million. The company’s revenue was down -14.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.30 EPS.
Union Pacific Corporation opened for trading at $82.09 and hit $82.95 on the upside on Monday, eventually ending the session at $82.02, with a gain of 0.02% or 0.02 points. The heightened volatility saw the trading volume jump to 41,94,399 shares. Company has a market cap of $68,982 M.
In a different news, on Mar 14, 2016, Richards Judith Hope (director) sold 4,000 shares at $81.15 per share price. According to the SEC, on Feb 25, 2016, Andrew H Jr Card (director) purchased 1,000 shares at $78.98 per share price. On Dec 10, 2015, Michael W Mcconnell (director) sold 2,070 shares at $77.51 per share price, according to the Form-4 filing with the securities and exchange commission.
Union Pacific Corporation operates through its principal operating company Union Pacific Railroad Company. The Company is a Class I railroad operating in the United States which has 31974 route miles and maintains coordinated schedules with other rail carriers to move freight. It links 23 states in the western two-thirds of the country by rail providing a supply chain link around the world. Its business mix includes agricultural products automotive chemicals coal industrial products and intermodal. The Company serves United States population centers operates from West Coast and Gulf Coast ports to eastern gateways connects with Canada’s rail systems and serves six Mexico gateways. The Company’s freight traffic consists of bulk manifest and premium business.