Osborne Partners Capital Management LLC Sells 469 Shares of Union Pacific Co. (NYSE:UNP)

Osborne Partners Capital Management LLC lessened its position in shares of Union Pacific Co. (NYSE:UNP) by 0.8% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 59,763 shares of the railroad operator’s stock after selling 469 shares during the period. Osborne Partners Capital Management LLC’s holdings in Union Pacific were worth $14,730,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the company. Wealthcare Advisory Partners LLC boosted its position in shares of Union Pacific by 55.2% in the first quarter. Wealthcare Advisory Partners LLC now owns 3,366 shares of the railroad operator’s stock valued at $828,000 after acquiring an additional 1,197 shares during the period. Chemung Canal Trust Co. grew its position in shares of Union Pacific by 32.7% during the 1st quarter. Chemung Canal Trust Co. now owns 35,110 shares of the railroad operator’s stock worth $8,635,000 after purchasing an additional 8,661 shares in the last quarter. Vicus Capital increased its holdings in shares of Union Pacific by 175.5% during the first quarter. Vicus Capital now owns 2,466 shares of the railroad operator’s stock worth $607,000 after purchasing an additional 1,571 shares during the period. Symphony Financial Ltd. Co. raised its position in shares of Union Pacific by 4.6% in the first quarter. Symphony Financial Ltd. Co. now owns 1,581 shares of the railroad operator’s stock valued at $389,000 after buying an additional 69 shares in the last quarter. Finally, Founders Financial Securities LLC boosted its stake in shares of Union Pacific by 6.7% in the first quarter. Founders Financial Securities LLC now owns 8,306 shares of the railroad operator’s stock valued at $2,043,000 after buying an additional 520 shares during the period. Institutional investors own 80.38% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have commented on UNP. Raymond James raised their price objective on Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a research note on Monday, October 14th. Royal Bank of Canada dropped their price target on Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research note on Friday. Evercore ISI cut shares of Union Pacific from an “outperform” rating to an “inline” rating and cut their price objective for the stock from $254.00 to $247.00 in a research report on Wednesday, September 25th. Barclays decreased their target price on shares of Union Pacific from $280.00 to $275.00 and set an “overweight” rating on the stock in a report on Friday. Finally, StockNews.com downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, October 1st. Nine analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $259.15.

Union Pacific Stock Performance

Shares of UNP stock opened at $230.30 on Friday. Union Pacific Co. has a 12 month low of $199.97 and a 12 month high of $258.66. The business’s 50-day moving average price is $246.02 and its 200-day moving average price is $238.48. The company has a current ratio of 1.05, a quick ratio of 0.86 and a debt-to-equity ratio of 1.89. The firm has a market capitalization of $140.30 billion, a price-to-earnings ratio of 21.62, a PEG ratio of 2.23 and a beta of 1.05.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.76 by ($0.01). The company had revenue of $6.09 billion for the quarter, compared to analysts’ expectations of $6.14 billion. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. The business’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same period last year, the company posted $2.51 EPS. Equities research analysts forecast that Union Pacific Co. will post 11.07 EPS for the current year.

Insider Activity

In related news, President Elizabeth F. Whited sold 3,552 shares of the company’s stock in a transaction that occurred on Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total transaction of $875,887.68. Following the sale, the president now owns 64,945 shares of the company’s stock, valued at approximately $16,014,787.55. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.28% of the stock is owned by company insiders.

About Union Pacific

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.