Union Pacific (NYSE:UNP) Now Covered by Analysts at Goldman Sachs Group

Equities researchers at Goldman Sachs Group began coverage on shares of Union Pacific (NYSE:UNP) in a research report issued to clients and investors on Wednesday, July 10th, Marketbeat.com reports. The firm set a “buy” rating and a $198.00 price target on the railroad operator’s stock. Goldman Sachs Group’s price objective suggests a potential upside of 12.95% from the stock’s current price.

UNP has been the topic of several other research reports. Barclays reiterated a “buy” rating on shares of 1&1 Drillisch in a research report on Thursday, June 13th. Zacks Investment Research upgraded Jack Henry & Associates from a “sell” rating to a “hold” rating in a research report on Wednesday, March 27th. Sanford C. Bernstein raised Royal Mail from a “market perform” rating to an “outperform” rating in a research note on Monday, June 17th. Stifel Nicolaus set a $170.00 price target on Union Pacific and gave the stock a “hold” rating in a research note on Tuesday, April 23rd. Finally, ValuEngine raised United Overseas Bank from a “sell” rating to a “hold” rating in a research note on Monday, June 17th. One analyst has rated the stock with a sell rating, ten have given a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Union Pacific has a consensus rating of “Buy” and a consensus target price of $177.29.

UNP opened at $175.30 on Wednesday. The firm has a market capitalization of $123.34 billion, a PE ratio of 20.69, a P/E/G ratio of 1.96 and a beta of 1.04. Union Pacific has a one year low of $128.08 and a one year high of $180.02. The business’s 50-day moving average price is $169.67. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.72 and a quick ratio of 0.60.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, July 18th. The railroad operator reported $2.22 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.12 by $0.10. Union Pacific had a return on equity of 31.74% and a net margin of 26.95%. The company had revenue of $5.60 billion for the quarter, compared to analysts’ expectations of $5.62 billion. During the same quarter in the previous year, the firm posted $1.98 EPS. The firm’s quarterly revenue was down 1.3% on a year-over-year basis. As a group, equities research analysts forecast that Union Pacific will post 8.91 earnings per share for the current fiscal year.

In other news, Director William J. Delaney III acquired 5,000 shares of the company’s stock in a transaction dated Monday, May 20th. The stock was acquired at an average cost of $174.06 per share, for a total transaction of $870,300.00. Following the acquisition, the director now directly owns 5,000 shares in the company, valued at approximately $870,300. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Robert M. Knight, Jr. sold 1,380 shares of the company’s stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $180.01, for a total value of $248,413.80. Following the sale, the executive vice president now owns 94,943 shares of the company’s stock, valued at $17,090,689.43. The disclosure for this sale can be found here. Corporate insiders own 9.96% of the company’s stock.

Hedge funds have recently added to or reduced their stakes in the company. Gantzert Investment Co. LLC ADV acquired a new position in shares of Union Pacific during the fourth quarter valued at approximately $1,408,000. Unigestion Holding SA grew its position in Union Pacific by 10.2% in the fourth quarter. Unigestion Holding SA now owns 7,266 shares of the railroad operator’s stock worth $1,004,000 after buying an additional 673 shares during the last quarter. Nichols & Pratt Advisers LLP MA grew its position in Union Pacific by 4.6% in the fourth quarter. Nichols & Pratt Advisers LLP MA now owns 6,818 shares of the railroad operator’s stock worth $942,000 after buying an additional 300 shares during the last quarter. OLD Dominion Capital Management Inc. acquired a new position in Union Pacific in the fourth quarter worth approximately $436,000. Finally, Robeco Institutional Asset Management B.V. grew its position in Union Pacific by 0.9% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,044,765 shares of the railroad operator’s stock worth $144,394,000 after buying an additional 8,981 shares during the last quarter. Institutional investors and hedge funds own 78.95% of the company’s stock.

About Union Pacific

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages in the railroad business in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, fertilizers, and food and beverage products; coal and sand, as well as petroleum, liquid petroleum gases, and renewables; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, and soda ash, as well as intermodal and finished vehicles.

Read More: Debt-To-Equity Ratio

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