Union Pacific Corporation (NYSE:UNP) Shares Acquired by Gallacher Capital Management LLC

Gallacher Capital Management LLC grew its stake in shares of Union Pacific Corporation (NYSE:UNP - Free Report) by 153.1% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,513 shares of the railroad operator's stock after purchasing an additional 1,520 shares during the period. Gallacher Capital Management LLC's holdings in Union Pacific were worth $594,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of UNP. Highline Wealth Partners LLC boosted its position in shares of Union Pacific by 103.5% in the 1st quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator's stock valued at $27,000 after purchasing an additional 59 shares during the period. EnRich Financial Partners LLC bought a new stake in Union Pacific in the fourth quarter valued at approximately $31,000. Financial Gravity Asset Management Inc. acquired a new stake in shares of Union Pacific during the 1st quarter valued at $32,000. Cornerstone Planning Group LLC raised its stake in Union Pacific by 50.5% during the 1st quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator's stock worth $37,000 after buying an additional 56 shares during the period. Finally, Strategic Investment Solutions Inc. IL lifted its position in shares of Union Pacific by 38.8% during the fourth quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator's stock worth $39,000 after acquiring an additional 45 shares in the last quarter. Hedge funds and other institutional investors own 80.38% of the company's stock.

Union Pacific Stock Performance

Shares of Union Pacific stock opened at $224.90 on Monday. The company's fifty day moving average is $227.52 and its 200 day moving average is $231.19. Union Pacific Corporation has a twelve month low of $204.66 and a twelve month high of $258.07. The stock has a market cap of $134.37 billion, a price-to-earnings ratio of 20.26, a P/E/G ratio of 2.25 and a beta of 1.05. 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 (NYSE:UNP - Get Free Report) last announced its earnings results on Thursday, April 24th. The railroad operator reported $2.70 EPS for the quarter, missing the consensus estimate of $2.73 by ($0.03). The company had revenue of $6.03 billion during the quarter, compared to the consensus estimate of $6.11 billion. Union Pacific had a net margin of 27.76% and a return on equity of 40.80%. The business's revenue was down .1% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.69 earnings per share. Sell-side analysts forecast that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, August 29th will be issued a dividend of $1.38 per share. The ex-dividend date is Friday, August 29th. This represents a $5.52 annualized dividend and a yield of 2.45%. This is an increase from Union Pacific's previous quarterly dividend of $1.34. Union Pacific's dividend payout ratio is 48.29%.

Analyst Ratings Changes

Several brokerages recently weighed in on UNP. Baird R W raised shares of Union Pacific to a "hold" rating in a report on Tuesday, July 1st. Argus raised shares of Union Pacific to a "strong-buy" rating in a research report on Friday, May 16th. Raymond James Financial restated a "strong-buy" rating on shares of Union Pacific in a research note on Tuesday, July 15th. The Goldman Sachs Group restated a "neutral" rating and issued a $263.00 target price on shares of Union Pacific in a research note on Monday, June 2nd. Finally, Susquehanna raised shares of Union Pacific from a "neutral" rating to a "positive" rating and raised their target price for the stock from $245.00 to $260.00 in a report on Tuesday, June 24th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $257.75.

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.

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