GAMMA Investing LLC Raises Stock Position in Union Pacific Corporation (NYSE:UNP)

GAMMA Investing LLC grew its position in Union Pacific Corporation (NYSE:UNP - Free Report) by 16.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,545 shares of the railroad operator's stock after buying an additional 1,520 shares during the period. GAMMA Investing LLC's holdings in Union Pacific were worth $2,491,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. EnRich Financial Partners LLC acquired a new stake in Union Pacific during the fourth quarter worth $31,000. Strategic Investment Solutions Inc. IL grew its holdings in shares of Union Pacific by 38.8% during the 4th quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator's stock worth $39,000 after purchasing an additional 45 shares during the period. Meeder Asset Management Inc. increased its position in shares of Union Pacific by 223.2% during the 4th quarter. Meeder Asset Management Inc. now owns 307 shares of the railroad operator's stock worth $70,000 after purchasing an additional 212 shares during the last quarter. Transce3nd LLC purchased a new stake in Union Pacific in the 4th quarter valued at about $72,000. Finally, Wood Tarver Financial Group LLC acquired a new position in Union Pacific in the fourth quarter valued at about $73,000. Institutional investors and hedge funds own 80.38% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on UNP shares. Stephens dropped their price target on shares of Union Pacific from $275.00 to $255.00 and set an "overweight" rating for the company in a research report on Monday, April 28th. Bank of America lifted their target price on shares of Union Pacific from $256.00 to $262.00 and gave the company a "buy" rating in a report on Friday, May 16th. Wells Fargo & Company decreased their price target on Union Pacific from $265.00 to $260.00 and set an "overweight" rating on the stock in a research note on Thursday, March 27th. Deutsche Bank Aktiengesellschaft began coverage on Union Pacific in a research report on Friday, March 7th. They set a "buy" rating and a $295.00 price target for the company. Finally, Jefferies Financial Group decreased their target price on Union Pacific from $255.00 to $230.00 and set a "hold" rating on the stock in a research note on Wednesday, April 9th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, sixteen have assigned a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, Union Pacific currently has an average rating of "Moderate Buy" and an average target price of $258.39.

Union Pacific Stock Down 0.5%

Union Pacific stock traded down $1.12 during trading on Monday, reaching $230.29. The stock had a trading volume of 3,578,991 shares, compared to its average volume of 2,714,116. The company has a quick ratio of 0.61, a current ratio of 0.73 and a debt-to-equity ratio of 1.91. Union Pacific Corporation has a 52-week low of $100.00 and a 52-week high of $258.07. The stock has a market cap of $137.59 billion, a PE ratio of 20.75, a P/E/G ratio of 2.32 and a beta of 1.05. The business has a 50 day moving average price of $222.11 and a 200 day moving average price of $230.68.

Union Pacific (NYSE:UNP - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The railroad operator reported $2.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.73 by ($0.03). The firm had revenue of $6.03 billion for the quarter, compared to analysts' expectations of $6.11 billion. Union Pacific had a return on equity of 40.80% and a net margin of 27.76%. Union Pacific's revenue for the quarter was down .1% on a year-over-year basis. During the same period last year, the firm posted $2.69 earnings per share. On average, analysts predict that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, May 30th will be issued a $1.34 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.33%. Union Pacific's payout ratio is currently 48.29%.

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.