Citizens Financial Group Inc. RI Buys 2,765 Shares of Union Pacific Co. (NYSE:UNP)

Citizens Financial Group Inc. RI raised its stake in Union Pacific Co. (NYSE:UNP) by 7.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 38,174 shares of the railroad operator’s stock after purchasing an additional 2,765 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in Union Pacific were worth $9,409,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Moors & Cabot Inc. boosted its stake in shares of Union Pacific by 3.7% during the 3rd quarter. Moors & Cabot Inc. now owns 25,314 shares of the railroad operator’s stock valued at $6,239,000 after purchasing an additional 899 shares in the last quarter. EagleClaw Capital Managment LLC raised its holdings in Union Pacific by 2.4% in the third quarter. EagleClaw Capital Managment LLC now owns 31,671 shares of the railroad operator’s stock worth $7,806,000 after purchasing an additional 740 shares in the last quarter. Silver Oak Advisory Group Inc. purchased a new position in Union Pacific during the third quarter valued at $205,000. Darwin Wealth Management LLC bought a new stake in shares of Union Pacific during the 3rd quarter valued at $99,000. Finally, First Horizon Advisors Inc. grew its position in shares of Union Pacific by 4.6% in the 3rd quarter. First Horizon Advisors Inc. now owns 79,741 shares of the railroad operator’s stock worth $19,655,000 after buying an additional 3,509 shares during the period. Institutional investors own 80.38% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Robert W. Baird dropped their price objective on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. Citigroup boosted their price target on Union Pacific from $255.00 to $267.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 12th. JPMorgan Chase & Co. reduced their price objective on Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Barclays boosted their target price on Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a report on Wednesday, November 13th. Finally, Sanford C. Bernstein reduced their price target on Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a report on Wednesday, October 9th. Nine analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $259.80.

Union Pacific Stock Up 0.1 %

Shares of UNP stock opened at $233.56 on Thursday. The company has a 50 day simple moving average of $240.86 and a two-hundred day simple moving average of $238.51. The stock has a market cap of $141.60 billion, a P/E ratio of 21.45, a P/E/G ratio of 2.31 and a beta of 1.06. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.66. 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 (NYSE:UNP) last posted its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). The company had revenue of $6.09 billion for the quarter, compared to analysts’ expectations of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The firm’s quarterly revenue was up 2.5% on a year-over-year basis. During the same period in the previous year, the firm earned $2.51 earnings per share. On average, research analysts expect that Union Pacific Co. will post 10.94 earnings per share for the current year.

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.