GSA Capital Partners LLP Makes New Investment in Union Pacific Corporation $UNP

GSA Capital Partners LLP bought a new position in Union Pacific Corporation (NYSE:UNP) in the second quarter, HoldingsChannel.com reports. The fund bought 4,432 shares of the railroad operator’s stock, valued at approximately $1,206,000.

Other large investors also recently modified their holdings of the company. Rachor Investment Advisory Services LLC acquired a new stake in shares of Union Pacific in the fourth quarter valued at approximately $25,000. Tucker Asset Management LLC bought a new position in Union Pacific in the 4th quarter worth approximately $25,000. SWAN Capital LLC lifted its holdings in Union Pacific by 2,575.0% during the 4th quarter. SWAN Capital LLC now owns 107 shares of the railroad operator’s stock worth $25,000 after buying an additional 103 shares in the last quarter. High Point Wealth Management LLC acquired a new position in Union Pacific during the 4th quarter worth $26,000. Finally, Cornerstone Financial Management LLC acquired a new position in Union Pacific during the 4th quarter worth $27,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Price Performance

Shares of UNP stock opened at $300.06 on Tuesday. Union Pacific Corporation has a 52-week low of $210.84 and a 52-week high of $315.99. The stock has a market cap of $178.26 billion, a PE ratio of 24.30, a PEG ratio of 3.00 and a beta of 0.96. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.82 and a current ratio of 0.99. The firm’s 50 day moving average price is $283.63 and its two-hundred day moving average price is $265.84.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, July 23rd. The railroad operator reported $3.41 EPS for the quarter, topping analysts’ consensus estimates of $3.26 by $0.15. The firm had revenue of $6.86 billion during the quarter, compared to analyst estimates of $6.72 billion. Union Pacific had a net margin of 28.85% and a return on equity of 38.46%. The business’s quarterly revenue was up 11.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.03 EPS. As a group, analysts forecast that Union Pacific Corporation will post 12.93 EPS for the current year.

Union Pacific Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Monday, August 31st will be paid a dividend of $1.42 per share. This represents a $5.68 dividend on an annualized basis and a dividend yield of 1.9%. This is a boost 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%.

Insider Activity at Union Pacific

In related news, EVP Eric J. Gehringer sold 2,991 shares of Union Pacific stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $263.96, for a total transaction of $789,504.36. Following the completion of the sale, the executive vice president directly owned 43,012 shares of the company’s stock, valued at $11,353,447.52. The trade was a 6.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.22% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Raymond James Financial reissued a “strong-buy” rating on shares of Union Pacific in a research note on Monday, July 13th. Bank of America upped their price target on Union Pacific from $301.00 to $334.00 and gave the company a “buy” rating in a research note on Thursday, July 23rd. UBS Group reaffirmed a “neutral” rating and set a $310.00 price target (up from $286.00) on shares of Union Pacific in a research note on Friday, July 24th. Robert W. Baird lifted their price objective on Union Pacific from $311.00 to $344.00 and gave the stock an “outperform” rating in a research report on Monday, July 27th. Finally, Wells Fargo & Company reiterated an “overweight” rating and issued a $335.00 price objective (up from $315.00) on shares of Union Pacific in a research report on Friday, July 24th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, Union Pacific presently has an average rating of “Moderate Buy” and an average price target 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.