GAMMA Investing LLC Buys Shares of 3,847 Union Pacific Co. (NYSE:UNP)

GAMMA Investing LLC acquired a new position in Union Pacific Co. (NYSE:UNPFree Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 3,847 shares of the railroad operator’s stock, valued at approximately $938,000.

Other large investors have also recently made changes to their positions in the company. Wellington Management Group LLP increased its stake in Union Pacific by 0.3% during the 3rd quarter. Wellington Management Group LLP now owns 7,261,449 shares of the railroad operator’s stock worth $1,478,649,000 after buying an additional 19,145 shares during the period. Northern Trust Corp grew its position in shares of Union Pacific by 4.4% in the 3rd quarter. Northern Trust Corp now owns 6,803,796 shares of the railroad operator’s stock valued at $1,385,457,000 after buying an additional 285,988 shares during the last quarter. FMR LLC grew its position in shares of Union Pacific by 62.8% in the 3rd quarter. FMR LLC now owns 5,496,708 shares of the railroad operator’s stock valued at $1,119,295,000 after buying an additional 2,119,382 shares during the last quarter. Invesco Ltd. grew its position in shares of Union Pacific by 18.8% in the 3rd quarter. Invesco Ltd. now owns 5,003,423 shares of the railroad operator’s stock valued at $1,018,847,000 after buying an additional 792,896 shares during the last quarter. Finally, Clearbridge Investments LLC grew its position in shares of Union Pacific by 108.9% in the 3rd quarter. Clearbridge Investments LLC now owns 4,128,575 shares of the railroad operator’s stock valued at $840,702,000 after buying an additional 2,151,893 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, President Elizabeth F. Whited sold 3,750 shares of the company’s stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $250.00, for a total transaction of $937,500.00. Following the completion of the transaction, the president now owns 56,682 shares of the company’s stock, valued at $14,170,500. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.26% of the company’s stock.

Union Pacific Trading Up 0.8 %

Shares of NYSE UNP traded up $1.82 during midday trading on Tuesday, reaching $236.29. 1,980,821 shares of the stock were exchanged, compared to its average volume of 2,306,394. The company has a market capitalization of $144.16 billion, a P/E ratio of 22.42, a P/E/G ratio of 2.51 and a beta of 1.07. Union Pacific Co. has a 52-week low of $190.37 and a 52-week high of $258.66. The company has a current ratio of 0.81, a quick ratio of 0.67 and a debt-to-equity ratio of 2.11. The stock has a 50 day moving average price of $245.03 and a 200-day moving average price of $234.40.

Union Pacific (NYSE:UNPGet Free Report) last issued its quarterly earnings results on Thursday, January 25th. The railroad operator reported $2.71 EPS for the quarter, topping analysts’ consensus estimates of $2.56 by $0.15. The business had revenue of $6.16 billion during the quarter, compared to the consensus estimate of $6.05 billion. Union Pacific had a net margin of 26.45% and a return on equity of 46.87%. The company’s quarterly revenue was down .3% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.67 earnings per share. Equities research analysts expect that Union Pacific Co. will post 11.01 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Thursday, February 29th were issued a dividend of $1.30 per share. The ex-dividend date was Wednesday, February 28th. This represents a $5.20 annualized dividend and a dividend yield of 2.20%. Union Pacific’s payout ratio is currently 49.71%.

Analyst Ratings Changes

A number of research analysts recently commented on UNP shares. StockNews.com downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Monday, March 18th. Stifel Nicolaus increased their target price on shares of Union Pacific from $231.00 to $248.00 and gave the company a “hold” rating in a research report on Friday, April 12th. Raymond James increased their price target on shares of Union Pacific from $240.00 to $275.00 and gave the stock a “strong-buy” rating in a research note on Tuesday, January 16th. Royal Bank of Canada decreased their price target on shares of Union Pacific from $282.00 to $272.00 and set an “outperform” rating for the company in a research note on Friday, January 26th. Finally, The Goldman Sachs Group increased their price target on shares of Union Pacific from $248.00 to $274.00 and gave the stock a “buy” rating in a research note on Thursday, April 11th. Seven investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $255.00.

View Our Latest Research Report on UNP

Union Pacific Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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