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

Union Pacific (NYSE:UNP) had its price objective raised by stock analysts at Citigroup from $270.00 to $285.00 in a research note issued to investors on Tuesday,Benzinga reports. The firm currently has a “buy” rating on the railroad operator’s stock. Citigroup’s price target would indicate a potential upside of 14.50% from the company’s current price.

Several other research firms have also commented on UNP. Susquehanna reiterated a “buy” rating on shares of Union Pacific in a research note on Monday, January 19th. BMO Capital Markets reiterated a “market perform” rating and set a $295.00 price objective on shares of Union Pacific in a research note on Thursday, February 19th. Barclays reissued an “overweight” rating and issued a $285.00 price objective (up from $270.00) on shares of Union Pacific in a research report on Tuesday, December 16th. Sanford C. Bernstein raised their price objective on Union Pacific from $289.00 to $293.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 31st. Finally, JPMorgan Chase & Co. lowered their price objective on Union Pacific from $270.00 to $265.00 and set a “neutral” rating for the company in a research report on Wednesday, January 28th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $265.86.

Union Pacific Stock Up 1.1%

Shares of Union Pacific stock opened at $248.90 on Tuesday. The stock has a market cap of $147.69 billion, a price-to-earnings ratio of 20.79, a PEG ratio of 2.70 and a beta of 0.96. Union Pacific has a 1 year low of $206.38 and a 1 year high of $268.14. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.91 and a quick ratio of 0.75. The firm’s 50-day moving average is $250.76 and its two-hundred day moving average is $236.58.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Tuesday, January 27th. The railroad operator reported $2.86 EPS for the quarter, missing analysts’ consensus estimates of $2.92 by ($0.06). Union Pacific had a return on equity of 40.89% and a net margin of 29.12%.The business had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.15 billion. During the same period last year, the firm earned $2.91 EPS. The business’s quarterly revenue was down .6% on a year-over-year basis. As a group, research analysts expect that Union Pacific will post 11.99 earnings per share for the current fiscal year.

Insider Buying and Selling at Union Pacific

In other news, EVP Eric J. Gehringer sold 1,999 shares of the stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $234.93, for a total value of $469,625.07. The sale was disclosed in a document filed with the SEC, which is available through this link. Corporate insiders own 0.28% of the company’s stock.

Institutional Trading of Union Pacific

Several institutional investors and hedge funds have recently bought and sold shares of UNP. Rachor Investment Advisory Services LLC acquired a new stake in Union Pacific during the 4th quarter valued at approximately $25,000. Tucker Asset Management LLC acquired a new stake in Union Pacific during the 4th quarter worth about $25,000. SWAN Capital LLC grew its position in Union Pacific by 2,575.0% during the 4th quarter. SWAN Capital LLC now owns 107 shares of the railroad operator’s stock worth $25,000 after purchasing an additional 103 shares during the period. High Point Wealth Management LLC acquired a new stake in Union Pacific during the 4th quarter worth about $26,000. Finally, Caitlin John LLC acquired a new stake in Union Pacific during the 3rd quarter worth about $27,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Company Profile

Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.