Osborne Partners Capital Management LLC Sells 194 Shares of Union Pacific Corporation (NYSE:UNP)

Osborne Partners Capital Management LLC lowered its position in Union Pacific Corporation (NYSE:UNP) by 0.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 59,925 shares of the railroad operator’s stock after selling 194 shares during the period. Osborne Partners Capital Management LLC’s holdings in Union Pacific were worth $14,157,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in UNP. Allred Capital Management LLC increased its stake in shares of Union Pacific by 0.5% during the 4th quarter. Allred Capital Management LLC now owns 8,349 shares of the railroad operator’s stock worth $1,904,000 after purchasing an additional 40 shares during the last quarter. Palogic Value Management L.P. increased its position in Union Pacific by 1.5% during the fourth quarter. Palogic Value Management L.P. now owns 2,823 shares of the railroad operator’s stock worth $644,000 after buying an additional 42 shares during the last quarter. Mystic Asset Management Inc. raised its holdings in Union Pacific by 2.0% during the fourth quarter. Mystic Asset Management Inc. now owns 2,309 shares of the railroad operator’s stock valued at $527,000 after buying an additional 45 shares in the last quarter. Strategic Investment Solutions Inc. IL lifted its position in shares of Union Pacific by 38.8% in the fourth quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator’s stock worth $39,000 after buying an additional 45 shares during the last quarter. Finally, Ironwood Investment Counsel LLC boosted its stake in shares of Union Pacific by 1.3% during the 4th quarter. Ironwood Investment Counsel LLC now owns 3,458 shares of the railroad operator’s stock worth $789,000 after acquiring an additional 46 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft assumed coverage on Union Pacific in a research note on Friday, March 7th. They issued a “buy” rating and a $295.00 price objective on the stock. Susquehanna reduced their price objective on shares of Union Pacific from $255.00 to $245.00 and set a “neutral” rating for the company in a research note on Friday, April 25th. Redburn Atlantic raised shares of Union Pacific from a “neutral” rating to a “buy” rating and set a $259.00 price objective for the company in a report on Wednesday, April 16th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $263.00 target price on shares of Union Pacific in a report on Monday, June 2nd. Finally, Stephens decreased their price target on shares of Union Pacific from $275.00 to $255.00 and set an “overweight” rating for the company in a report on Monday, April 28th. One equities research 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 stock. Based on data from MarketBeat, Union Pacific presently has a consensus rating of “Moderate Buy” and an average price target of $257.74.

Union Pacific Price Performance

Shares of UNP stock opened at $221.85 on Friday. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $258.07. The company has a market capitalization of $132.55 billion, a P/E ratio of 19.99, a P/E/G ratio of 2.23 and a beta of 1.05. The stock has a 50 day moving average of $221.18 and a two-hundred day moving average of $231.04. The company has a current ratio of 0.73, a quick ratio of 0.61 and a debt-to-equity ratio of 1.91.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, April 24th. The railroad operator reported $2.70 EPS for the quarter, missing the consensus estimate of $2.73 by ($0.03). Union Pacific had a return on equity of 40.80% and a net margin of 27.76%. The firm had revenue of $6.03 billion during the quarter, compared to the consensus estimate of $6.11 billion. During the same period last year, the business earned $2.69 earnings per share. The firm’s revenue for the quarter was down .1% compared to the same quarter last year. As a group, equities analysts expect that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, May 30th will be given 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 2.42%. Union Pacific’s dividend payout ratio (DPR) is currently 48.29%.

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.