Mosaic Family Wealth Partners LLC Grows Stock Holdings in Union Pacific Corporation $UNP

Mosaic Family Wealth Partners LLC lifted its stake in Union Pacific Corporation (NYSE:UNP) by 42.7% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,699 shares of the railroad operator’s stock after purchasing an additional 1,706 shares during the quarter. Mosaic Family Wealth Partners LLC’s holdings in Union Pacific were worth $1,550,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Rachor Investment Advisory Services LLC purchased a new position in Union Pacific during the fourth quarter valued at $25,000. Tucker Asset Management LLC bought a new stake in Union Pacific in the fourth quarter worth $25,000. SWAN Capital LLC grew its stake in shares of Union Pacific by 2,575.0% in the fourth quarter. SWAN Capital LLC now owns 107 shares of the railroad operator’s stock worth $25,000 after acquiring an additional 103 shares during the last quarter. High Point Wealth Management LLC purchased a new stake in shares of Union Pacific in the fourth quarter worth $26,000. Finally, Cornerstone Financial Management LLC bought a new position in shares of Union Pacific during the fourth quarter valued at $27,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Insider Transactions at Union Pacific

In other Union Pacific news, EVP Eric J. Gehringer sold 2,991 shares of the business’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 completion of the sale, the executive vice president owned 43,012 shares of the company’s stock, valued at approximately $11,353,447.52. The trade was a 6.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.22% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on UNP. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $335.00 price target (up from $315.00) on shares of Union Pacific in a research report on Friday, July 24th. Bank of America raised their price objective on shares of Union Pacific from $301.00 to $334.00 and gave the company a “buy” rating in a research note on Thursday, July 23rd. Citigroup increased their price target on shares of Union Pacific from $326.00 to $349.00 and gave the company a “buy” rating in a report on Friday, July 24th. Evercore reissued an “outperform” rating and set a $294.00 price target on shares of Union Pacific in a research report on Thursday, June 25th. Finally, The Goldman Sachs Group set a $317.00 price objective on Union Pacific and gave the company a “neutral” rating in a research report on Thursday, July 23rd. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $320.89.

Union Pacific Stock Down 0.0%

UNP opened at $293.57 on Monday. The firm’s 50 day simple moving average is $283.00 and its two-hundred day simple moving average is $265.37. The company has a market capitalization of $174.40 billion, a PE ratio of 23.77, a PEG ratio of 3.00 and a beta of 0.96. Union Pacific Corporation has a 1-year low of $210.84 and a 1-year high of $315.99. The company has a current ratio of 0.99, a quick ratio of 0.82 and a debt-to-equity ratio of 1.40.

Union Pacific (NYSE:UNP) last issued 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 firm 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 revenue for the quarter was up 11.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.03 EPS. As a group, equities 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. Investors of record on Monday, August 31st will be given a dividend of $1.42 per share. This represents a $5.68 annualized dividend and a yield of 1.9%. This is a boost from Union Pacific’s previous quarterly dividend of $1.38. The ex-dividend date is Monday, August 31st. Union Pacific’s dividend payout ratio (DPR) is presently 44.70%.

Union Pacific Company Profile

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.