Union Pacific (NYSE: UNP – Get an Appraisal) saw its price target raised by TD Securities analysts from $265.00 to $275.00 in a research note released Friday, BayStreet.CA reports. The brokerage currently has a “hold” rating on the shares of the train operator. TD Securities’ price target indicates a potential upside of 16.41% from the company’s current price.
Several other equity research analysts have also published reports on the UNP. Barclays raised its price target on Union Pacific from $260.00 to $280.00 and gave the stock an “overweight” rating in a Friday, January 14 research note. UBS Group downgraded Union Pacific from a “buy” rating to a “neutral” rating and lowered its price target for the stock from $283.00 to $267.00 in a research note on Friday. Stephens raised his price target on Union Pacific from $257.00 to $278.00 in a research note on Tuesday, January 4. Zacks Investment Research downgraded Union Pacific from a “buy” rating to a “hold” rating and set a price target of $268.00 for the company. in a Wednesday, March 9 research note. Finally, Deutsche Bank Aktiengesellschaft lowered its price target on Union Pacific from $270.00 to $260.00 and set a “buy” rating for the company in a Monday, January 24 research note. Eight research analysts rated the stock with a hold rating, fourteen gave the company a buy rating and one gave the company’s stock a strong buy rating. According to MarketBeat, the stock currently has an average buy rating and an average price target of $267.74.
Union Pacific stock traded at $8.17 midday Friday, hitting $236.23. 171,607 shares of the company were traded, against an average volume of 3,690,441. Union Pacific has a 52-week low of $195.68 and a 52-week high of $278.94. The stock has a 50-day moving average price of $254.84 and a two-hundred-day moving average price of $245.57. The company has a debt ratio of 1.95, a quick ratio of 0.51 and a current ratio of 0.62. The company has a market capitalization of $148.44 billion, a P/E ratio of 23.82, a PEG ratio of 2.13 and a beta of 1.18.
Union Pacific (NYSE:UNP – Get Rating) last released its results on Thursday, April 21. The rail operator reported EPS of $2.57 for the quarter, beating Thomson Reuters consensus estimate of $2.56 by $0.01. Union Pacific had a return on equity of 44.50% and a net margin of 29.92%. The company posted revenue of $5.86 billion in the quarter, versus $5.76 billion expected by analysts. During the same period of the previous year, the company made a profit of $2.00 per share. The company’s revenue increased 17.2% year over year. As a group, sell-side analysts expect Union Pacific to post earnings per share of 11.54 for the current year.
Union Pacific said its board of directors authorized a stock buyback program on Thursday, Feb. 3 that allows the company to repurchase 100,000,000 outstanding shares. This repurchase authorization allows the rail operator to purchase shares of its shares through open market purchases. Stock buyback programs are often a sign that a company’s board believes its stock is undervalued.
Several hedge funds have recently bought and sold shares of UNP. Rational Advisors LLC increased its stake in Union Pacific shares by 127.7% in the 4th quarter. Rational Advisors LLC now owns 107 shares of the train operator worth $27,000 after buying 60 more shares in the last quarter. Delos Wealth Advisors LLC purchased a new equity stake in Union Pacific in Q4 for approximately $30,000. Northwest Investment Counselors LLC bought a new stake in shares of Union Pacific in the 4th quarter for a value of approximately $32,000. Moors & Cabot Inc. increased its stake in Union Pacific shares by 20.4% in the third quarter. Moors & Cabot Inc. now owns 30,000 shares of the train operator worth $33,000 after buying 5,078 additional shares in the last quarter. Finally, Ahrens Investment Partners LLC purchased a new equity stake in Union Pacific in Q4 worth approximately $36,000. Hedge funds and other institutional investors hold 77.85% of the company’s shares.
Union Pacific Company Profile (Get a rating)
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad industry in the United States. The company provides transportation services for grain and grain products, fertilizer, food and chilled products, coal and renewable energy to grain processors, animal feeders, ethanol producers and producers. other agricultural users; petroleum and liquefied petroleum gas; and construction products, industrial chemicals, plastics, forestry products, specialty products, metals and minerals, soda and sand, as well as finished automobiles, auto parts and goods in intermodal containers.
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