Ally Financial Inc. Makes New $1.63 Million Investment in Union Pacific Corporation $UNP

Ally Financial Inc. acquired a new position in Union Pacific Corporation (NYSE:UNP - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 6,000 shares of the railroad operator's stock, valued at approximately $1,632,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Tucker Asset Management LLC bought a new stake in shares of Union Pacific during the fourth quarter valued at approximately $25,000. SWAN Capital LLC lifted its holdings in shares of Union Pacific by 2,575.0% in the 4th quarter. SWAN Capital LLC now owns 107 shares of the railroad operator's stock worth $25,000 after purchasing an additional 103 shares in the last quarter. Rachor Investment Advisory Services LLC acquired a new stake in Union Pacific in the 4th quarter valued at $25,000. High Point Wealth Management LLC acquired a new stake in Union Pacific in the 4th quarter valued at $26,000. Finally, Scarborough Advisors LLC bought a new stake in Union Pacific during the 1st quarter valued at $27,000. Institutional investors own 80.38% of the company's stock.

Insider Activity at Union Pacific

In other Union Pacific news, EVP Eric J. Gehringer sold 2,991 shares of the business's stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $263.96, for a total transaction of $789,504.36. Following the sale, the executive vice president owned 43,012 shares of the company's stock, valued at $11,353,447.52. The trade was a 6.50% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.22% of the company's stock.

Union Pacific Price Performance

Shares of NYSE:UNP opened at $307.97 on Monday. The company has a market capitalization of $182.96 billion, a P/E ratio of 24.94, a price-to-earnings-growth ratio of 3.14 and a beta of 0.96. The company's 50-day moving average is $286.30 and its 200 day moving average is $267.83. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.82 and a current ratio of 0.99. Union Pacific Corporation has a fifty-two week low of $210.84 and a fifty-two week high of $315.99.

Union Pacific (NYSE:UNP - Get Free Report) last released its earnings results on Thursday, July 23rd. The railroad operator reported $3.41 earnings per share for the quarter, beating analysts' consensus estimates of $3.26 by $0.15. Union Pacific had a net margin of 28.85% and a return on equity of 38.46%. The firm had revenue of $6.86 billion for the quarter, compared to analysts' expectations of $6.72 billion. During the same period in the previous year, the company earned $3.03 earnings per share. The company's quarterly revenue was up 11.5% on a year-over-year basis. On average, equities research analysts forecast that Union Pacific Corporation will post 12.93 earnings per share for the current year.

Union Pacific Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Monday, August 31st will be given a $1.42 dividend. This represents a $5.68 annualized dividend and a dividend yield of 1.8%. This is an increase from Union Pacific's previous quarterly dividend of $1.38. The ex-dividend date of this dividend is Monday, August 31st. Union Pacific's payout ratio is presently 44.70%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on UNP shares. Susquehanna raised their price target on shares of Union Pacific from $305.00 to $333.00 and gave the company a "positive" rating in a research report on Tuesday, July 14th. Royal Bank Of Canada reissued an "outperform" rating and issued a $339.00 price objective (up from $289.00) on shares of Union Pacific in a research note on Friday, July 24th. Citizens Jmp began coverage on Union Pacific in a report on Wednesday, July 15th. They issued an "outperform" rating and a $350.00 target price on the stock. JPMorgan Chase & Co. lifted their target price on Union Pacific from $304.00 to $334.00 and gave the company a "neutral" rating in a research report on Friday, July 24th. Finally, Raymond James Financial reiterated a "strong-buy" rating on shares of Union Pacific in a report on Monday, July 13th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and six have issued a Hold rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $320.89.

About Union Pacific

Union Pacific Corporation NYSE: UNP is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific's core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.

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