Gemmer Asset Management LLC Boosts Stock Holdings in Union Pacific Co. (NYSE:UNP)

Gemmer Asset Management LLC lifted its stake in shares of Union Pacific Co. (NYSE:UNP) by 7.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,043 shares of the railroad operator’s stock after acquiring an additional 70 shares during the quarter. Gemmer Asset Management LLC’s holdings in Union Pacific were worth $246,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Fiduciary Trust Co increased its position in shares of Union Pacific by 2.8% during the fourth quarter. Fiduciary Trust Co now owns 102,213 shares of the railroad operator’s stock worth $23,309,000 after acquiring an additional 2,807 shares during the period. Sherbrooke Park Advisers LLC purchased a new stake in shares of Union Pacific during the fourth quarter worth $781,000. Pinnbrook Capital Management LP purchased a new stake in shares of Union Pacific during the fourth quarter worth $3,954,000. Miramar Capital LLC increased its position in shares of Union Pacific by 3.1% during the fourth quarter. Miramar Capital LLC now owns 54,564 shares of the railroad operator’s stock worth $12,443,000 after acquiring an additional 1,648 shares during the period. Finally, Portfolio Design Labs LLC increased its position in shares of Union Pacific by 19.8% during the fourth quarter. Portfolio Design Labs LLC now owns 7,703 shares of the railroad operator’s stock worth $1,757,000 after acquiring an additional 1,273 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Analyst Ratings Changes

UNP has been the topic of a number of recent analyst reports. Raymond James reaffirmed a “strong-buy” rating on shares of Union Pacific in a research report on Friday, April 25th. Stifel Nicolaus dropped their price objective on Union Pacific from $270.00 to $248.00 and set a “buy” rating on the stock in a report on Monday, April 14th. Stephens cut their target price on Union Pacific from $275.00 to $255.00 and set an “overweight” rating on the stock in a research report on Monday, April 28th. Susquehanna cut their target price on Union Pacific from $255.00 to $245.00 and set a “neutral” rating on the stock in a research report on Friday, April 25th. Finally, Barclays cut their price target on Union Pacific from $285.00 to $260.00 and set an “overweight” rating on the stock in a research report on Friday, April 25th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $257.74.

Union Pacific Stock Performance

NYSE UNP opened at $223.39 on Friday. 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 fifty-two week low of $204.66 and a fifty-two week high of $258.07. The business has a fifty day moving average of $220.25 and a 200-day moving average of $232.23. The stock has a market cap of $133.47 billion, a price-to-earnings ratio of 20.14, a price-to-earnings-growth ratio of 2.15 and a beta of 1.05.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.73 by ($0.03). The business had revenue of $6.03 billion during the quarter, compared to analyst estimates of $6.11 billion. Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. The firm’s quarterly revenue was down .1% on a year-over-year basis. During the same period in the previous year, the business posted $2.69 earnings per share. As a group, analysts predict that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, May 30th will be issued a dividend of $1.34 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $5.36 annualized dividend and a dividend yield of 2.40%. Union Pacific’s payout ratio is 48.29%.

About Union Pacific

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.