Union Pacific (NYSE:UNP) PT Set at $264.00 by Citigroup

Union Pacific (NYSE:UNP) has been given a $264.00 price target by Citigroup in a research note issued on Thursday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the railroad operator’s stock. Citigroup’s price objective suggests a potential upside of 14.51% from the company’s current price.

A number of other analysts also recently weighed in on the stock. Deutsche Bank Aktiengesellschaft set a $245.00 target price on shares of Union Pacific in a report on Thursday, December 11th. Barclays reissued an “overweight” rating and set a $285.00 price objective (up from $270.00) on shares of Union Pacific in a research note on Tuesday, December 16th. BMO Capital Markets set a $255.00 price objective on Union Pacific in a research note on Wednesday. Susquehanna reiterated a “positive” rating and issued a $272.00 target price (up previously from $257.00) on shares of Union Pacific in a report on Thursday, September 25th. Finally, TD Cowen cut their target price on Union Pacific from $258.00 to $257.00 and set a “buy” rating on the stock in a research report on Friday, October 24th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and twelve have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Union Pacific presently has an average rating of “Moderate Buy” and a consensus target price of $259.46.

Union Pacific Price Performance

NYSE:UNP traded up $6.08 during trading hours on Thursday, reaching $230.56. The stock had a trading volume of 1,186,004 shares, compared to its average volume of 2,591,615. The stock has a market capitalization of $136.76 billion, a PE ratio of 19.59, a PEG ratio of 2.53 and a beta of 0.99. Union Pacific has a 52 week low of $204.66 and a 52 week high of $256.84. The company has a 50 day moving average price of $229.39 and a two-hundred day moving average price of $227.18. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.60 and a current ratio of 0.75.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, October 23rd. The railroad operator reported $3.08 EPS for the quarter, beating analysts’ consensus estimates of $2.99 by $0.09. Union Pacific had a return on equity of 42.23% and a net margin of 28.73%.The firm had revenue of $6.24 billion during the quarter, compared to the consensus estimate of $6.24 billion. During the same period in the prior year, the company earned $2.75 EPS. The company’s quarterly revenue was up 2.5% compared to the same quarter last year. As a group, sell-side analysts anticipate that Union Pacific will post 11.99 earnings per share for the current fiscal year.

Institutional Trading of Union Pacific

Institutional investors and hedge funds have recently modified their holdings of the stock. Spartan Planning & Wealth Management purchased a new stake in Union Pacific during the fourth quarter worth $283,000. Gryphon Financial Partners LLC raised its position in shares of Union Pacific by 12.6% in the 4th quarter. Gryphon Financial Partners LLC now owns 3,821 shares of the railroad operator’s stock worth $884,000 after acquiring an additional 428 shares in the last quarter. Genesis Private Wealth LLC lifted its stake in shares of Union Pacific by 19.7% during the 4th quarter. Genesis Private Wealth LLC now owns 1,100 shares of the railroad operator’s stock worth $254,000 after purchasing an additional 181 shares during the last quarter. Wedmont Private Capital lifted its stake in shares of Union Pacific by 2.2% during the 4th quarter. Wedmont Private Capital now owns 4,809 shares of the railroad operator’s stock worth $1,079,000 after purchasing an additional 105 shares during the last quarter. Finally, Nordea Investment Management AB boosted its position in Union Pacific by 1.3% during the fourth quarter. Nordea Investment Management AB now owns 158,363 shares of the railroad operator’s stock valued at $36,713,000 after purchasing an additional 2,074 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

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.