Gallacher Capital Management LLC Makes New Investment in Union Pacific Co. (NYSE:UNP)

Gallacher Capital Management LLC purchased a new position in shares of Union Pacific Co. (NYSE:UNP) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 993 shares of the railroad operator’s stock, valued at approximately $227,000.

A number of other hedge funds also recently made changes to their positions in the stock. Roble Belko & Company Inc raised its holdings in Union Pacific by 26.8% in the fourth quarter. Roble Belko & Company Inc now owns 213 shares of the railroad operator’s stock valued at $49,000 after buying an additional 45 shares during the period. Pflug Koory LLC lifted its position in Union Pacific by 0.5% during the 4th quarter. Pflug Koory LLC now owns 8,569 shares of the railroad operator’s stock worth $1,954,000 after acquiring an additional 45 shares in the last quarter. Baron Wealth Management LLC boosted its holdings in Union Pacific by 3.3% in the 4th quarter. Baron Wealth Management LLC now owns 1,409 shares of the railroad operator’s stock worth $321,000 after acquiring an additional 45 shares during the period. Regatta Capital Group LLC increased its stake in Union Pacific by 2.8% during the 4th quarter. Regatta Capital Group LLC now owns 1,672 shares of the railroad operator’s stock worth $381,000 after buying an additional 46 shares during the period. Finally, Ironwood Investment Counsel LLC raised its position in shares of Union Pacific by 1.3% in the 4th quarter. Ironwood Investment Counsel LLC now owns 3,458 shares of the railroad operator’s stock valued at $789,000 after purchasing an additional 46 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Trading Up 1.5 %

Shares of UNP stock opened at $237.71 on Monday. The company has a market capitalization of $143.65 billion, a P/E ratio of 21.43, a P/E/G ratio of 2.15 and a beta of 1.05. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.07. The firm has a 50-day moving average price of $242.05 and a 200 day moving average price of $240.62.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.76 by $0.15. Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. During the same period in the previous year, the business earned $2.71 earnings per share. Research analysts forecast that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be given a $1.34 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $5.36 dividend on an annualized basis and a yield of 2.25%. Union Pacific’s payout ratio is 48.33%.

Insider Activity

In other Union Pacific news, President Elizabeth F. Whited sold 7,500 shares of the stock in a transaction dated Friday, January 24th. The stock was sold at an average price of $250.00, for a total value of $1,875,000.00. Following the transaction, the president now owns 64,960 shares of the company’s stock, valued at approximately $16,240,000. This represents a 10.35 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Craig V. Richardson sold 6,495 shares of the business’s stock in a transaction dated Monday, January 27th. The stock was sold at an average price of $252.00, for a total value of $1,636,740.00. Following the transaction, the executive vice president now owns 26,319 shares of the company’s stock, valued at $6,632,388. The trade was a 19.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.28% of the company’s stock.

Analyst Ratings Changes

UNP has been the subject of a number of research reports. Wells Fargo & Company decreased their price objective on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. Deutsche Bank Aktiengesellschaft started coverage on Union Pacific in a research report on Friday, March 7th. They issued a “buy” rating and a $295.00 target price for the company. BMO Capital Markets boosted their target price on shares of Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. TD Cowen increased their price target on Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Finally, Guggenheim upped their price target on shares of Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Union Pacific has a consensus rating of “Moderate Buy” and a consensus price target of $263.00.

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.