Union Pacific Corporation $UNP Stake Increased by Citizens Financial Group Inc. RI

Citizens Financial Group Inc. RI lifted its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 28.0% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 42,777 shares of the railroad operator’s stock after buying an additional 9,350 shares during the period. Citizens Financial Group Inc. RI’s holdings in Union Pacific were worth $9,842,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of UNP. CBIZ Investment Advisory Services LLC increased its holdings in shares of Union Pacific by 1,400.0% in the 1st quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock worth $28,000 after acquiring an additional 112 shares during the period. Access Investment Management LLC bought a new position in Union Pacific in the 2nd quarter worth about $32,000. WPG Advisers LLC acquired a new stake in shares of Union Pacific in the first quarter valued at approximately $33,000. GFG Capital LLC bought a new stake in shares of Union Pacific during the second quarter valued at approximately $38,000. Finally, IMA Advisory Services Inc. bought a new stake in shares of Union Pacific during the first quarter valued at approximately $43,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Trading Up 0.6%

Shares of UNP stock opened at $222.87 on Monday. The stock has a 50-day simple moving average of $224.18 and a 200 day simple moving average of $224.72. The stock has a market capitalization of $132.19 billion, a P/E ratio of 18.94, a P/E/G ratio of 2.27 and a beta of 1.04. Union Pacific Corporation has a fifty-two week low of $204.66 and a fifty-two week high of $256.84. The company has a quick ratio of 0.60, a current ratio of 0.75 and a debt-to-equity ratio of 1.75.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share for the quarter, beating analysts’ consensus estimates of $2.99 by $0.09. The company had revenue of $6.24 billion during the quarter, compared to the consensus estimate of $6.24 billion. Union Pacific had a net margin of 28.73% and a return on equity of 42.23%. Union Pacific’s revenue was up 2.5% on a year-over-year basis. During the same period in the prior year, the company earned $2.75 EPS. On average, sell-side analysts expect that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. UBS Group set a $253.00 price objective on Union Pacific and gave the stock a “neutral” rating in a report on Friday, October 3rd. TD Cowen lowered their price target on Union Pacific from $258.00 to $257.00 and set a “buy” rating on the stock in a report on Friday, October 24th. Argus cut shares of Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, August 12th. Royal Bank Of Canada upped their price objective on shares of Union Pacific from $257.00 to $276.00 and gave the stock an “outperform” rating in a report on Wednesday, July 30th. Finally, Jefferies Financial Group raised shares of Union Pacific from a “hold” rating to a “buy” rating and raised their target price for the company from $250.00 to $285.00 in a research note on Friday, July 25th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat, Union Pacific has an average rating of “Moderate Buy” and an average price target of $261.63.

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.