GAMMA Investing LLC Boosts Stock Holdings in Union Pacific Co. (NYSE:UNP)

GAMMA Investing LLC lifted its stake in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 27,502.8% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,491,151 shares of the railroad operator's stock after acquiring an additional 2,482,126 shares during the quarter. GAMMA Investing LLC owned approximately 0.42% of Union Pacific worth $588,510,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Norges Bank bought a new stake in Union Pacific during the 4th quarter valued at $1,927,377,000. Raymond James Financial Inc. purchased a new position in shares of Union Pacific during the fourth quarter valued at $1,035,905,000. Geode Capital Management LLC raised its holdings in shares of Union Pacific by 12.6% in the fourth quarter. Geode Capital Management LLC now owns 14,430,581 shares of the railroad operator's stock valued at $3,282,305,000 after acquiring an additional 1,616,895 shares in the last quarter. Capital Research Global Investors lifted its stake in Union Pacific by 14.3% in the fourth quarter. Capital Research Global Investors now owns 10,395,364 shares of the railroad operator's stock worth $2,370,559,000 after acquiring an additional 1,298,178 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Union Pacific by 35.2% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,968,658 shares of the railroad operator's stock valued at $1,133,053,000 after purchasing an additional 1,294,643 shares in the last quarter. Institutional investors own 80.38% of the company's stock.

Union Pacific Stock Performance

UNP traded down $0.51 on Wednesday, reaching $221.27. 2,120,040 shares of the stock were exchanged, compared to its average volume of 2,663,367. The company's 50-day moving average price is $221.07 and its 200 day moving average price is $232.47. Union Pacific Co. has a fifty-two week low of $204.66 and a fifty-two week high of $258.07. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. The firm has a market capitalization of $132.20 billion, a PE ratio of 19.95, a PEG ratio of 2.15 and a beta of 1.07.

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 for the quarter, missing analysts' consensus estimates of $2.73 by ($0.03). Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. The company had revenue of $6.03 billion for the quarter, compared to analysts' expectations of $6.11 billion. During the same quarter in the previous year, the business posted $2.69 EPS. The business's quarterly revenue was down .1% on a year-over-year basis. As a group, sell-side analysts forecast that Union Pacific Co. will post 11.99 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, May 30th will be paid a $1.34 dividend. The ex-dividend date is Friday, May 30th. This represents a $5.36 annualized dividend and a dividend yield of 2.42%. Union Pacific's dividend payout ratio is presently 48.29%.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on UNP. Bank of America boosted their price objective on shares of Union Pacific from $256.00 to $262.00 and gave the stock a "buy" rating in a research note on Friday, May 16th. Argus raised Union Pacific to a "strong-buy" rating in a research report on Friday, May 16th. Raymond James restated a "strong-buy" rating on shares of Union Pacific in a research note on Friday, April 25th. The Goldman Sachs Group reiterated a "neutral" rating and issued a $263.00 target price on shares of Union Pacific in a research note on Monday. Finally, Barclays decreased their price target on shares of Union Pacific from $285.00 to $260.00 and set an "overweight" rating for the company in a research report on Friday, April 25th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $257.74.

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.