Guggenheim Increases Union Pacific (NYSE:UNP) Price Target to $275.00

Union Pacific (NYSE:UNP) had its price target boosted by analysts at Guggenheim from $266.00 to $275.00 in a report issued on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the railroad operator’s stock. Guggenheim’s price objective indicates a potential upside of 10.47% from the stock’s previous close.

Other research analysts also recently issued research reports about the company. Stifel Nicolaus increased their target price on Union Pacific from $253.00 to $270.00 and gave the stock a “buy” rating in a report on Friday. Citigroup boosted their target price on shares of Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a research note on Friday. Wells Fargo & Company dropped their target price on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating on the stock in a report on Tuesday, January 7th. StockNews.com downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Finally, Susquehanna cut their target price on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Nine investment analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $262.57.

Union Pacific Trading Up 0.4 %

NYSE UNP opened at $248.94 on Friday. The stock has a market cap of $150.92 billion, a P/E ratio of 22.86, a PEG ratio of 2.12 and a beta of 1.06. The company’s fifty day simple moving average is $234.05 and its 200-day simple moving average is $239.40. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. Union Pacific has a 52 week low of $218.55 and a 52 week high of $258.66.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, topping the consensus estimate of $2.76 by $0.15. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. During the same quarter last year, the company posted $2.71 earnings per share. Equities research analysts predict that Union Pacific will post 10.96 EPS for the current fiscal year.

Hedge Funds Weigh In On Union Pacific

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Union Pacific in the second quarter worth $28,000. Synergy Asset Management LLC acquired a new position in shares of Union Pacific in the 4th quarter valued at about $29,000. Catalyst Capital Advisors LLC purchased a new stake in shares of Union Pacific in the third quarter worth approximately $30,000. Jamison Private Wealth Management Inc. boosted its holdings in shares of Union Pacific by 265.7% during the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock worth $32,000 after purchasing an additional 93 shares during the period. Finally, Peterson Financial Group Inc. purchased a new position in Union Pacific during the third quarter valued at approximately $32,000. Institutional investors and hedge funds 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.