Osborne Partners Capital Management LLC Sells 126 Shares of Union Pacific Co. (NYSE:UNP)

Osborne Partners Capital Management LLC cut its stake in shares of Union Pacific Co. (NYSE:UNP) by 0.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 59,913 shares of the railroad operator’s stock after selling 126 shares during the quarter. Union Pacific comprises approximately 1.0% of Osborne Partners Capital Management LLC’s portfolio, making the stock its 29th biggest position. Osborne Partners Capital Management LLC’s holdings in Union Pacific were worth $14,716,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of UNP. Moneta Group Investment Advisors LLC increased its holdings in Union Pacific by 90,390.6% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 13,697,556 shares of the railroad operator’s stock worth $2,836,353,000 after buying an additional 13,682,419 shares in the last quarter. Morgan Stanley increased its holdings in Union Pacific by 10.9% in the 4th quarter. Morgan Stanley now owns 8,983,932 shares of the railroad operator’s stock worth $1,860,303,000 after buying an additional 883,963 shares in the last quarter. Wellington Management Group LLP increased its holdings in Union Pacific by 0.3% in the 3rd quarter. Wellington Management Group LLP now owns 7,261,449 shares of the railroad operator’s stock worth $1,478,649,000 after buying an additional 19,145 shares in the last quarter. Northern Trust Corp increased its holdings in Union Pacific by 4.4% in the 3rd quarter. Northern Trust Corp now owns 6,803,796 shares of the railroad operator’s stock worth $1,385,457,000 after buying an additional 285,988 shares in the last quarter. Finally, Norges Bank bought a new stake in Union Pacific in the 4th quarter worth about $1,276,498,000. 80.38% of the stock is currently owned by institutional investors.

Union Pacific Stock Performance

Shares of Union Pacific stock traded down $1.84 on Monday, reaching $244.09. 383,105 shares of the stock were exchanged, compared to its average volume of 2,333,381. Union Pacific Co. has a twelve month low of $190.37 and a twelve month high of $258.66. The firm has a market capitalization of $148.92 billion, a price-to-earnings ratio of 23.31, a PEG ratio of 2.67 and a beta of 1.07. The business has a 50 day moving average price of $247.94 and a two-hundred day moving average price of $231.10. The company has a quick ratio of 0.67, a current ratio of 0.81 and a debt-to-equity ratio of 2.11.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, January 25th. The railroad operator reported $2.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.56 by $0.15. Union Pacific had a return on equity of 46.87% and a net margin of 26.45%. The company had revenue of $6.16 billion during the quarter, compared to the consensus estimate of $6.05 billion. During the same period in the previous year, the company posted $2.67 earnings per share. Union Pacific’s revenue for the quarter was down .3% on a year-over-year basis. 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 declared a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Thursday, February 29th were issued a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a yield of 2.13%. The ex-dividend date of this dividend was Wednesday, February 28th. Union Pacific’s payout ratio is presently 49.71%.

Insider Buying and Selling at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 3,750 shares of the business’s stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $250.00, for a total value of $937,500.00. Following the completion of the transaction, the president now directly owns 56,682 shares of the company’s stock, valued at $14,170,500. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.30% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts recently commented on UNP shares. TD Cowen lifted their price objective on Union Pacific from $228.00 to $251.00 and gave the stock an “outperform” rating in a report on Friday, January 26th. Susquehanna lifted their price objective on Union Pacific from $245.00 to $255.00 and gave the company a “neutral” rating in a research report on Thursday. Benchmark reissued a “buy” rating and set a $260.00 target price on shares of Union Pacific in a research note on Friday, January 26th. UBS Group lifted their price objective on Union Pacific from $235.00 to $248.00 and gave the stock a “neutral” rating in a research note on Friday, January 26th. Finally, Sanford C. Bernstein raised Union Pacific from a “market perform” rating to an “outperform” rating and set a $280.00 price objective on the stock in a research note on Monday, January 22nd. Seven analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $251.33.

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.