Susquehanna Raises Union Pacific (NYSE:UNP) Price Target to $270.00

Union Pacific (NYSE:UNP) had its price objective hoisted by investment analysts at Susquehanna from $255.00 to $270.00 in a report issued on Friday, Benzinga reports. The firm presently has a “neutral” rating on the railroad operator’s stock. Susquehanna’s price target would indicate a potential upside of 10.69% from the stock’s previous close.

Other research analysts have also issued reports about the stock. TD Cowen raised their price objective on shares of Union Pacific from $252.00 to $258.00 and gave the stock a “buy” rating in a report on Friday. BMO Capital Markets lifted their target price on shares of Union Pacific from $270.00 to $275.00 and gave the stock an “outperform” rating in a research report on Friday, January 26th. JPMorgan Chase & Co. raised their price target on shares of Union Pacific from $237.00 to $243.00 and gave the stock a “neutral” rating in a report on Tuesday, April 9th. Jefferies Financial Group began coverage on shares of Union Pacific in a research report on Monday, April 8th. They set a “hold” rating and a $250.00 target price on the stock. Finally, Royal Bank of Canada lowered their price target on shares of Union Pacific from $282.00 to $272.00 and set an “outperform” rating on the stock in a report on Friday, January 26th. Seven investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Union Pacific presently has a consensus rating of “Moderate Buy” and an average target price of $256.00.

Union Pacific Price Performance

Shares of NYSE UNP traded up $0.38 on Friday, hitting $243.93. The company’s stock had a trading volume of 289,854 shares, compared to its average volume of 2,307,905. Union Pacific has a 12-month low of $190.45 and a 12-month high of $258.66. The company has a market capitalization of $148.82 billion, a price-to-earnings ratio of 23.34, a price-to-earnings-growth ratio of 2.51 and a beta of 1.07. The company has a debt-to-equity ratio of 2.11, a current ratio of 0.81 and a quick ratio of 0.67. The stock has a 50 day moving average of $244.34 and a 200-day moving average of $234.68.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, April 25th. The railroad operator reported $2.69 earnings per share for the quarter, topping analysts’ consensus estimates of $2.50 by $0.19. The company had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $5.97 billion. Union Pacific had a net margin of 26.45% and a return on equity of 46.87%. Union Pacific’s revenue was down .4% on a year-over-year basis. During the same quarter last year, the firm posted $2.67 earnings per share. As a group, research analysts predict that Union Pacific will post 11.01 EPS for the current year.

Insider Buying and Selling at Union Pacific

In related news, President Elizabeth F. Whited sold 3,750 shares of Union Pacific stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $250.00, for a total value of $937,500.00. Following the completion of the transaction, the president now owns 56,682 shares in the company, valued at approximately $14,170,500. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 0.28% of the company’s stock.

Hedge Funds Weigh In On Union Pacific

Institutional investors and hedge funds have recently modified their holdings of the business. Exchange Traded Concepts LLC boosted its holdings in Union Pacific by 21,063.6% in the 3rd quarter. Exchange Traded Concepts LLC now owns 9,312 shares of the railroad operator’s stock worth $1,896,000 after buying an additional 9,268 shares during the last quarter. Advisory Alpha LLC boosted its holdings in shares of Union Pacific by 29.1% during the 3rd quarter. Advisory Alpha LLC now owns 1,879 shares of the railroad operator’s stock worth $383,000 after purchasing an additional 423 shares during the last quarter. TFG Advisers LLC grew its position in shares of Union Pacific by 0.3% in the third quarter. TFG Advisers LLC now owns 16,296 shares of the railroad operator’s stock valued at $3,318,000 after purchasing an additional 52 shares in the last quarter. Oak Harbor Wealth Partners LLC grew its position in shares of Union Pacific by 3.5% in the third quarter. Oak Harbor Wealth Partners LLC now owns 8,689 shares of the railroad operator’s stock valued at $1,769,000 after purchasing an additional 294 shares in the last quarter. Finally, MCF Advisors LLC grew its position in shares of Union Pacific by 9.0% in the third quarter. MCF Advisors LLC now owns 4,230 shares of the railroad operator’s stock valued at $861,000 after purchasing an additional 351 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.