Union Pacific (NYSE:UNP) Price Target Increased to $285.00 by Analysts at Raymond James

Union Pacific (NYSE:UNP – Get Rating) had its price objective hoisted by Raymond James from $280.00 to $285.00 in a report published on Friday morning, Benzinga reports. They currently have a strong-buy rating on the railroad operator’s stock.

Several other research analysts have also recently weighed in on the company. JPMorgan Chase & Co. lifted their price target on Union Pacific from $267.00 to $276.00 and gave the company an overweight rating in a research report on Friday, April 8th. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Union Pacific from $270.00 to $260.00 and set a buy rating for the company in a research note on Monday, January 24th. The Goldman Sachs Group raised their price objective on Union Pacific from $271.00 to $276.00 in a report on Thursday. Royal Bank of Canada downgraded Union Pacific from an outperform rating to a sector perform rating and decreased their target price for the company from $271.00 to $258.00 in a research report on Thursday, March 17th. Finally, StockNews.com assumed coverage on Union Pacific in a research report on Thursday, March 31st. They set a buy rating for the company. Eight analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of Buy and a consensus price target of $266.43.

Shares of NYSE:UNP opened at $244.40 on Friday. The company has a market capitalization of $153.58 billion, a PE ratio of 24.56, a P/E/G ratio of 2.13 and a beta of 1.18. The company has a current ratio of 0.62, a quick ratio of 0.51 and a debt-to-equity ratio of 1.95. Union Pacific has a 12-month low of $195.68 and a 12-month high of $278.94. The business’s fifty day simple moving average is $254.84 and its 200-day simple moving average is $245.57.

Union Pacific (NYSE:UNP – Get Rating) last issued its quarterly earnings results on Thursday, April 21st. The railroad operator reported $2.57 EPS for the quarter, hitting the Zacks’ consensus estimate of $2.57. The company had revenue of $5.86 billion during the quarter, compared to analysts’ expectations of $5.76 billion. Union Pacific had a return on equity of 44.50% and a net margin of 29.92%. The firm’s revenue was up 17.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.00 EPS. Research analysts predict that Union Pacific will post 11.54 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 31st. Stockholders of record on Monday, February 28th were paid a $1.18 dividend. The ex-dividend date was Friday, February 25th. This represents a $4.72 dividend on an annualized basis and a dividend yield of 1.93%. Union Pacific’s payout ratio is presently 47.44%.

Union Pacific declared that its Board of Directors has approved a share repurchase plan on Thursday, February 3rd that permits the company to buyback 100,000,000 shares. This buyback authorization permits the railroad operator to repurchase shares of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

Hedge funds have recently modified their holdings of the business. Rational Advisors LLC grew its position in shares of Union Pacific by 127.7% during the fourth quarter. Rational Advisors LLC now owns 107 shares of the railroad operator’s stock worth $27,000 after buying an additional 60 shares in the last quarter. Delos Wealth Advisors LLC purchased a new stake in shares of Union Pacific in the 4th quarter valued at approximately $30,000. Northwest Investment Counselors LLC acquired a new stake in shares of Union Pacific in the 4th quarter valued at $32,000. Ahrens Investment Partners LLC acquired a new position in shares of Union Pacific during the fourth quarter worth $36,000. Finally, Disciplined Investments LLC increased its holdings in Union Pacific by 49.0% in the first quarter. Disciplined Investments LLC now owns 149 shares of the railroad operator’s stock valued at $41,000 after buying an additional 49 shares during the last quarter. 77.85% of the stock is owned by institutional investors.

About Union Pacific (Get Rating)

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, and other agricultural users; petroleum, and liquid petroleum gases; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.

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