Mosaic Family Wealth Partners LLC Purchases 1,706 Shares of Union Pacific Corporation $UNP

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

Several other hedge funds also recently bought and sold shares of the company. Rachor Investment Advisory Services LLC bought a new stake in Union Pacific during the fourth quarter valued at about $25,000. Tucker Asset Management LLC bought a new position in shares of Union Pacific in the fourth quarter worth about $25,000. SWAN Capital LLC boosted 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 period. High Point Wealth Management LLC purchased a new stake in shares of Union Pacific during the fourth quarter worth about $26,000. Finally, Cornerstone Financial Management LLC purchased a new stake in shares of Union Pacific during the fourth quarter worth about $27,000. Institutional investors own 80.38% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Eric J. Gehringer sold 2,991 shares of the business’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $263.96, for a total value of $789,504.36. Following the sale, the executive vice president owned 43,012 shares in the company, valued at approximately $11,353,447.52. The trade was a 6.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.22% of the company’s stock.

Union Pacific Price Performance

Shares of Union Pacific stock opened at $293.57 on Monday. The firm has a market cap of $174.40 billion, a PE ratio of 23.77, a PEG ratio of 3.00 and a beta of 0.96. The stock has a 50 day moving average of $283.00 and a 200 day moving average of $265.37. 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 Corporation has a 12 month low of $210.84 and a 12 month high of $315.99.

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, topping analysts’ consensus estimates of $3.26 by $0.15. The business had revenue of $6.86 billion for the quarter, compared to the consensus estimate of $6.72 billion. Union Pacific had a return on equity of 38.46% and a net margin of 28.85%.The company’s revenue was up 11.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.03 EPS. On average, research analysts expect that Union Pacific Corporation will post 12.93 EPS for the current fiscal year.

Union Pacific Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Monday, August 31st will be issued a $1.42 dividend. This represents a $5.68 dividend on an annualized basis and a dividend yield of 1.9%. This is a boost 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 44.70%.

Analyst Upgrades and Downgrades

UNP has been the topic of several recent analyst reports. Weiss Ratings raised Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, July 24th. Citigroup increased their price objective 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. BMO Capital Markets reiterated a “market perform” rating and set a $320.00 price objective (up from $285.00) on shares of Union Pacific in a research report on Friday, July 24th. Benchmark lifted their price objective on shares of Union Pacific from $325.00 to $335.00 and gave the company a “buy” rating in a research report on Friday, July 24th. Finally, Citizens Jmp assumed coverage on shares of Union Pacific in a report on Wednesday, July 15th. They issued an “outperform” rating and a $350.00 target price on the stock. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $320.89.

Union Pacific 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.