GAMMA Investing LLC Sells 199 Shares of Union Pacific Co. (NYSE:UNP)

GAMMA Investing LLC reduced its holdings in shares of Union Pacific Co. (NYSE:UNP) by 2.2% during the 4th quarter, Holdings Channel.com reports. The fund owned 9,025 shares of the railroad operator’s stock after selling 199 shares during the period. GAMMA Investing LLC’s holdings in Union Pacific were worth $2,058,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Strategic Investment Solutions Inc. IL acquired a new stake in Union Pacific during the second quarter valued at approximately $28,000. Financial Gravity Asset Management Inc. lifted its position in shares of Union Pacific by 3,250.0% during the 2nd quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock worth $30,000 after buying an additional 130 shares during the period. Catalyst Capital Advisors LLC acquired a new stake in Union Pacific in the 3rd quarter valued at $30,000. Fairscale Capital LLC bought a new stake in Union Pacific in the second quarter valued at $31,000. Finally, Jamison Private Wealth Management Inc. raised its stake in Union Pacific by 265.7% during the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock worth $32,000 after acquiring an additional 93 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Up 0.5 %

NYSE UNP opened at $229.12 on Friday. Union Pacific Co. has a one year low of $218.55 and a one year high of $258.66. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. The firm has a market cap of $138.91 billion, a P/E ratio of 21.04, a P/E/G ratio of 2.33 and a beta of 1.05. The stock’s 50-day moving average is $234.91 and its 200-day moving average is $238.44.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing the consensus estimate of $2.78 by ($0.03). The company had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The business’s quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter last year, the business posted $2.51 earnings per share. Sell-side analysts anticipate that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 9th were paid a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a yield of 2.34%. The ex-dividend date was Monday, December 9th. Union Pacific’s payout ratio is presently 49.22%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on UNP. StockNews.com cut shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Sanford C. Bernstein dropped their price objective on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a report on Wednesday, October 9th. Barclays increased their price target on Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 13th. Royal Bank of Canada cut their price objective on Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Finally, JPMorgan Chase & Co. decreased their target price on Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Nine research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $259.80.

Union Pacific Company 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.