Osmosis Investment Management UK Ltd Buys Shares of 2,794 Union Pacific Corporation $UNP

Osmosis Investment Management UK Ltd purchased a new stake in shares of Union Pacific Corporation (NYSE:UNP) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 2,794 shares of the railroad operator’s stock, valued at approximately $760,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Sanctuary Advisors LLC bought a new stake in Union Pacific during the 2nd quarter worth approximately $29,722,000. Barbara Oil Co. bought a new position in shares of Union Pacific during the second quarter valued at $4,080,000. Solstein Capital LLC acquired a new position in shares of Union Pacific during the second quarter worth $546,000. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Union Pacific during the second quarter worth $262,513,000. Finally, Meiji Yasuda Asset Management Co Ltd. bought a new stake in shares of Union Pacific in the second quarter worth $3,556,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Eric J. Gehringer sold 2,991 shares of the company’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $263.96, for a total transaction of $789,504.36. Following the transaction, the executive vice president owned 43,012 shares in the company, valued at approximately $11,353,447.52. This represents a 6.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.22% of the company’s stock.

Union Pacific Price Performance

Shares of UNP opened at $309.83 on Tuesday. The firm has a market cap of $184.06 billion, a PE ratio of 25.09, a price-to-earnings-growth ratio of 3.14 and a beta of 0.96. Union Pacific Corporation has a 52-week low of $210.84 and a 52-week high of $315.99. The business’s 50 day moving average price is $287.14 and its two-hundred day moving average price is $268.31. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.82 and a current ratio of 0.99.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, July 23rd. The railroad operator reported $3.41 EPS for the quarter, topping the consensus estimate of $3.26 by $0.15. The company had revenue of $6.86 billion during the quarter, compared to the consensus estimate of $6.72 billion. Union Pacific had a net margin of 28.85% and a return on equity of 38.46%. The company’s quarterly revenue was up 11.5% on a year-over-year basis. During the same quarter last year, the firm posted $3.03 EPS. On average, equities analysts anticipate that Union Pacific Corporation will post 12.93 EPS for the current year.

Union Pacific Increases Dividend

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

Analyst Ratings Changes

Several brokerages recently issued reports on UNP. The Goldman Sachs Group set a $317.00 target price on Union Pacific and gave the stock a “neutral” rating in a research report on Thursday, July 23rd. Benchmark upped their price target on Union Pacific from $325.00 to $335.00 and gave the company a “buy” rating in a research report on Friday, July 24th. Royal Bank Of Canada reissued an “outperform” rating and issued a $339.00 price target (up from $289.00) on shares of Union Pacific in a research note on Friday, July 24th. UBS Group reaffirmed a “neutral” rating and issued a $310.00 price objective (up from $286.00) on shares of Union Pacific in a research note on Friday, July 24th. Finally, Citigroup upped their target price on Union Pacific from $326.00 to $349.00 and gave the company a “buy” rating in a report on Friday, July 24th. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $320.89.

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.