Smith Barney Citigroup Boosts Union Pacific (NYSE:UNP) Price Target to $250.00


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Union Pacific (NYSE:UNP) had its price objective raised by Smith Barney Citigroup from $215.00 to $250.00 in a report released on Monday, The Fly reports.

A number of other research analysts also recently weighed in on UNP. Deutsche Bank Aktiengesellschaft raised their target price on shares of Union Pacific from $220.00 to $239.00 and gave the company a buy rating in a research report on Monday, November 30th. Raymond James decreased their target price on shares of Union Pacific from $227.00 to $220.00 and set a strong-buy rating for the company in a research report on Friday, October 23rd. BidaskClub raised shares of Union Pacific from a hold rating to a buy rating in a research report on Wednesday, December 30th. Credit Suisse Group decreased their price objective on shares of Union Pacific from $225.00 to $223.00 and set an outperform rating for the company in a research report on Friday, October 23rd. Finally, Benchmark lifted their price objective on shares of Union Pacific from $190.00 to $220.00 and gave the company a buy rating in a research report on Thursday, September 24th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company. The company has an average rating of Buy and a consensus price target of $199.38.

Union Pacific stock opened at $216.61 on Monday. The company has a market cap of $145.97 billion, a P/E ratio of 26.87, a price-to-earnings-growth ratio of 2.59 and a beta of 1.02. Union Pacific has a 1-year low of $105.08 and a 1-year high of $221.28. The company has a fifty day simple moving average of $206.17 and a 200 day simple moving average of $193.62. The company has a current ratio of 0.96, a quick ratio of 0.84 and a debt-to-equity ratio of 1.61.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, October 22nd. The railroad operator reported $2.01 earnings per share for the quarter, missing analysts’ consensus estimates of $2.06 by ($0.05). The business had revenue of $4.92 billion during the quarter, compared to the consensus estimate of $4.97 billion. Union Pacific had a net margin of 27.54% and a return on equity of 32.45%. The firm’s revenue for the quarter was down 10.8% on a year-over-year basis. During the same period last year, the business posted $2.22 EPS. On average, equities research analysts forecast that Union Pacific will post 7.93 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 30th. Investors of record on Monday, November 30th were given a dividend of $0.97 per share. This represents a $3.88 dividend on an annualized basis and a yield of 1.79%. The ex-dividend date of this dividend was Friday, November 27th. Union Pacific’s dividend payout ratio is currently 46.30%.

A number of large investors have recently modified their holdings of the stock. RNC Capital Management LLC acquired a new stake in Union Pacific during the fourth quarter worth approximately $1,233,000. Raymond James Trust N.A. grew its position in Union Pacific by 13.1% during the fourth quarter. Raymond James Trust N.A. now owns 112,456 shares of the railroad operator’s stock worth $23,415,000 after buying an additional 13,031 shares in the last quarter. Chemung Canal Trust Co. grew its position in Union Pacific by 2.0% during the fourth quarter. Chemung Canal Trust Co. now owns 32,061 shares of the railroad operator’s stock worth $6,676,000 after buying an additional 636 shares in the last quarter. IFM Investors Pty Ltd boosted its holdings in shares of Union Pacific by 16.2% in the 4th quarter. IFM Investors Pty Ltd now owns 65,315 shares of the railroad operator’s stock valued at $13,600,000 after purchasing an additional 9,100 shares in the last quarter. Finally, Contravisory Investment Management Inc. boosted its holdings in shares of Union Pacific by 2,935.0% in the 4th quarter. Contravisory Investment Management Inc. now owns 26,647 shares of the railroad operator’s stock valued at $5,548,000 after purchasing an additional 25,769 shares in the last quarter. 78.16% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Company Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages in the railroad business in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, fertilizers, and food and beverage products to grain processors, animal feeders, ethanol producers, and other agricultural users; coal and sand, as well as petroleum, liquid petroleum gases, and renewables; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, and soda ash, as well as intermodal and finished vehicles.

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Analyst Recommendations for Union Pacific (NYSE:UNP)

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