Union Pacific (NYSE:UNP) Stock Price Expected to Rise, Citigroup Analyst Says

Union Pacific (NYSE:UNP) had its target price boosted by Citigroup from $255.00 to $267.00 in a research note issued to investors on Tuesday,Benzinga reports. The firm currently has a neutral rating on the railroad operator’s stock.

Other analysts have also issued reports about the stock. Susquehanna reduced their price target on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Wells Fargo & Company cut their target price on Union Pacific from $270.00 to $255.00 and set an “overweight” rating for the company in a research report on Friday, October 25th. Robert W. Baird lowered their price target on Union Pacific from $270.00 to $260.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. StockNews.com lowered Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, October 1st. Finally, Stifel Nicolaus lowered their target price on Union Pacific from $265.00 to $262.00 and set a “buy” rating on the stock in a report on Friday, October 25th. Nine analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $259.80.

Union Pacific Stock Performance

Shares of NYSE UNP opened at $235.57 on Tuesday. Union Pacific has a 12-month low of $216.79 and a 12-month high of $258.66. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. The company has a market cap of $142.82 billion, a PE ratio of 21.63, a P/E/G ratio of 2.38 and a beta of 1.06. The stock has a 50 day simple moving average of $242.14 and a 200-day simple moving average of $238.62.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.78 by ($0.03). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The business had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. During the same period in the previous year, the company posted $2.51 EPS. The company’s revenue for the quarter was up 2.5% compared to the same quarter last year. On average, equities research analysts forecast that Union Pacific will post 10.94 EPS for the current year.

Hedge Funds Weigh In On Union Pacific

Several institutional investors and hedge funds have recently bought and sold shares of UNP. Marshall Wace LLP boosted its holdings in shares of Union Pacific by 272.3% during the second quarter. Marshall Wace LLP now owns 1,678,108 shares of the railroad operator’s stock worth $379,689,000 after purchasing an additional 1,227,318 shares during the period. Capital World Investors boosted its stake in shares of Union Pacific by 35.3% during the 1st quarter. Capital World Investors now owns 4,118,477 shares of the railroad operator’s stock valued at $1,012,857,000 after buying an additional 1,073,625 shares during the period. International Assets Investment Management LLC grew its holdings in shares of Union Pacific by 19,878.6% during the 3rd quarter. International Assets Investment Management LLC now owns 896,040 shares of the railroad operator’s stock valued at $220,856,000 after acquiring an additional 891,555 shares in the last quarter. Impax Asset Management Group plc increased its stake in shares of Union Pacific by 2,025.4% in the third quarter. Impax Asset Management Group plc now owns 546,236 shares of the railroad operator’s stock worth $134,636,000 after acquiring an additional 520,536 shares during the last quarter. Finally, Capital Research Global Investors raised its holdings in shares of Union Pacific by 7.6% during the first quarter. Capital Research Global Investors now owns 7,370,752 shares of the railroad operator’s stock worth $1,812,689,000 after acquiring an additional 518,985 shares in the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

About Union Pacific

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.