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

GAMMA Investing LLC purchased a new stake in Union Pacific Co. (NYSE:UNP) in the fourth quarter, Holdings Channel reports. The institutional investor purchased 3,847 shares of the railroad operator’s stock, valued at approximately $938,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Valued Wealth Advisors LLC acquired a new stake in Union Pacific during the 4th quarter worth about $28,000. BluePath Capital Management LLC acquired a new stake in Union Pacific during the 3rd quarter worth about $25,000. Fortitude Family Office LLC acquired a new stake in Union Pacific during the 4th quarter worth about $44,000. Hexagon Capital Partners LLC raised its holdings in Union Pacific by 48.6% during the 3rd quarter. Hexagon Capital Partners LLC now owns 309 shares of the railroad operator’s stock worth $63,000 after buying an additional 101 shares during the period. Finally, Legacy Financial Group LLC acquired a new stake in Union Pacific during the 3rd quarter worth about $83,000. 80.38% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have issued reports on UNP. The Goldman Sachs Group boosted their price objective on Union Pacific from $248.00 to $274.00 and gave the stock a “buy” rating in a report on Thursday, April 11th. Stifel Nicolaus upped their target price on Union Pacific from $231.00 to $248.00 and gave the company a “hold” rating in a report on Friday, April 12th. Royal Bank of Canada dropped their target price on Union Pacific from $282.00 to $272.00 and set an “outperform” rating on the stock in a report on Friday, January 26th. UBS Group upped their target price on Union Pacific from $235.00 to $248.00 and gave the company a “neutral” rating in a report on Friday, January 26th. Finally, TD Cowen upped their target price on Union Pacific from $228.00 to $251.00 and gave the company an “outperform” rating in a report on Friday, January 26th. Seven investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Union Pacific presently has a consensus rating of “Moderate Buy” and a consensus price target of $255.00.

Union Pacific Price Performance

Union Pacific stock traded up $1.82 during mid-day trading on Tuesday, hitting $236.29. 1,980,821 shares of the company were exchanged, compared to its average volume of 2,306,394. The company has a quick ratio of 0.67, a current ratio of 0.81 and a debt-to-equity ratio of 2.11. The business has a fifty day moving average of $245.03 and a 200 day moving average of $234.40. Union Pacific Co. has a 1-year low of $190.37 and a 1-year high of $258.66. The company has a market capitalization of $144.16 billion, a PE ratio of 22.42, a price-to-earnings-growth ratio of 2.51 and a beta of 1.07.

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

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Thursday, February 29th were paid a $1.30 dividend. The ex-dividend date was Wednesday, February 28th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.20%. Union Pacific’s dividend payout ratio (DPR) is presently 49.71%.

Insider Activity

In other news, President Elizabeth F. Whited sold 3,750 shares of the firm’s stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $250.00, for a total value of $937,500.00. Following the completion of the sale, the president now directly owns 56,682 shares in the company, valued at $14,170,500. The sale was disclosed in a filing with the SEC, which is accessible through this link. 0.26% of the stock is currently owned by corporate insiders.

Union Pacific Profile

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.