Osaic Holdings Inc. Increases Position in Union Pacific Corporation $UNP

Osaic Holdings Inc. grew its position in shares of Union Pacific Corporation (NYSE:UNP) by 9.7% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 150,636 shares of the railroad operator’s stock after purchasing an additional 13,332 shares during the period. Osaic Holdings Inc.’s holdings in Union Pacific were worth $34,734,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of UNP. CBIZ Investment Advisory Services LLC boosted its holdings in Union Pacific by 1,400.0% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock valued at $28,000 after acquiring an additional 112 shares during the period. Howard Hughes Medical Institute purchased a new stake in Union Pacific during the second quarter worth about $30,000. Financial Gravity Companies Inc. acquired a new stake in shares of Union Pacific during the second quarter worth about $31,000. Total Investment Management Inc. purchased a new position in shares of Union Pacific in the second quarter valued at approximately $31,000. Finally, Access Investment Management LLC acquired a new position in shares of Union Pacific in the second quarter valued at approximately $32,000. 80.38% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on UNP shares. TD Cowen reduced their target price on shares of Union Pacific from $258.00 to $257.00 and set a “buy” rating on the stock in a report on Friday, October 24th. The Goldman Sachs Group set a $263.00 price objective on Union Pacific and gave the stock a “neutral” rating in a research report on Thursday, October 23rd. Cowen reiterated a “buy” rating on shares of Union Pacific in a report on Friday, October 24th. Weiss Ratings restated a “hold (c+)” rating on shares of Union Pacific in a report on Wednesday, October 8th. Finally, UBS Group set a $253.00 price target on Union Pacific and gave the company a “neutral” rating in a research report on Friday, October 3rd. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Union Pacific currently has an average rating of “Moderate Buy” and a consensus price target of $260.17.

Union Pacific Stock Performance

Shares of UNP stock opened at $235.84 on Wednesday. The company has a market cap of $139.89 billion, a P/E ratio of 20.04, a PEG ratio of 2.79 and a beta of 0.99. The firm has a fifty day moving average price of $226.53 and a 200 day moving average price of $226.05. The company has a current ratio of 0.75, a quick ratio of 0.60 and a debt-to-equity ratio of 1.75. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $256.84.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share for the quarter, beating analysts’ consensus estimates of $2.99 by $0.09. The company had revenue of $6.24 billion for the quarter, compared to analysts’ expectations of $6.24 billion. Union Pacific had a return on equity of 42.23% and a net margin of 28.73%.Union Pacific’s quarterly revenue was up 2.5% on a year-over-year basis. During the same period last year, the firm earned $2.75 earnings per share. Sell-side analysts predict that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 30th. Investors of record on Friday, December 5th will be paid a dividend of $1.38 per share. The ex-dividend date is Friday, December 5th. This represents a $5.52 annualized dividend and a yield of 2.3%. Union Pacific’s payout ratio is presently 46.90%.

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.