2,794 Shares in Union Pacific Corporation $UNP Purchased by Osmosis Investment Management UK Ltd

Osmosis Investment Management UK Ltd purchased a new stake in Union Pacific Corporation (NYSE:UNP) during the 2nd quarter, HoldingsChannel.com reports. The fund purchased 2,794 shares of the railroad operator’s stock, valued at approximately $760,000.

Several other institutional investors and hedge funds have also recently modified their holdings of UNP. Cambient Family Office LLC purchased a new position in shares of Union Pacific in the 4th quarter worth about $1,319,000. First National Bank of Omaha raised its position in Union Pacific by 35.8% in the fourth quarter. First National Bank of Omaha now owns 54,635 shares of the railroad operator’s stock worth $12,665,000 after acquiring an additional 14,399 shares during the period. North Dakota State Investment Board purchased a new position in Union Pacific in the fourth quarter valued at about $4,746,000. Sage Investment Advisers LLC purchased a new position in Union Pacific in the fourth quarter valued at about $997,000. Finally, Truist Financial Corp grew its position in shares of Union Pacific by 3.1% during the 4th quarter. Truist Financial Corp now owns 1,016,071 shares of the railroad operator’s stock valued at $235,038,000 after acquiring an additional 30,079 shares during the period. 80.38% of the stock is owned by hedge funds and other institutional investors.

Union Pacific Price Performance

Union Pacific stock opened at $309.83 on Tuesday. Union Pacific Corporation has a one year low of $210.84 and a one year high of $315.99. The business has a fifty day moving average price of $287.14 and a 200-day moving average price of $268.31. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.99 and a quick ratio of 0.82. The firm has a market capitalization of $184.06 billion, a P/E ratio of 25.09, a PEG ratio of 3.14 and a beta of 0.96.

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

Union Pacific Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Monday, August 31st will be issued a dividend of $1.42 per share. This represents a $5.68 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend is Monday, August 31st. This is a boost from Union Pacific’s previous quarterly dividend of $1.38. Union Pacific’s payout ratio is presently 45.99%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. JPMorgan Chase & Co. lifted their price target on shares of Union Pacific from $304.00 to $334.00 and gave the stock a “neutral” rating in a report on Friday, July 24th. BMO Capital Markets reissued a “market perform” rating and issued a $320.00 target price (up from $285.00) on shares of Union Pacific in a research report on Friday, July 24th. Barclays reaffirmed an “overweight” rating and set a $350.00 price target (up from $315.00) on shares of Union Pacific in a research report on Friday, July 24th. Weiss Ratings raised Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, July 24th. Finally, Benchmark boosted their price objective on Union Pacific from $325.00 to $335.00 and gave the company a “buy” rating in a research note 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 assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $320.89.

Insider Buying and Selling at Union Pacific

In other news, EVP Eric J. Gehringer sold 2,991 shares of the company’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $263.96, for a total transaction of $789,504.36. Following the sale, the executive vice president directly owned 43,012 shares in the company, valued at $11,353,447.52. This represents a 6.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 0.22% of the stock is currently owned by corporate insiders.

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.