Parkside Financial Bank & Trust Purchases 675 Shares of Union Pacific Co. (NYSE:UNP)

Parkside Financial Bank & Trust raised its position in shares of Union Pacific Co. (NYSE:UNP) by 17.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,522 shares of the railroad operator’s stock after purchasing an additional 675 shares during the period. Parkside Financial Bank & Trust’s holdings in Union Pacific were worth $1,111,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Clearbridge Investments LLC boosted its holdings in shares of Union Pacific by 108.9% in the third quarter. Clearbridge Investments LLC now owns 4,128,575 shares of the railroad operator’s stock worth $840,702,000 after acquiring an additional 2,151,893 shares during the period. FMR LLC boosted its holdings in shares of Union Pacific by 62.8% in the third quarter. FMR LLC now owns 5,496,708 shares of the railroad operator’s stock worth $1,119,295,000 after acquiring an additional 2,119,382 shares during the period. The Manufacturers Life Insurance Company boosted its holdings in shares of Union Pacific by 65.5% in the third quarter. The Manufacturers Life Insurance Company now owns 2,348,496 shares of the railroad operator’s stock worth $478,224,000 after acquiring an additional 929,495 shares during the period. Cerity Partners LLC boosted its holdings in shares of Union Pacific by 331.7% in the fourth quarter. Cerity Partners LLC now owns 1,143,298 shares of the railroad operator’s stock worth $280,817,000 after acquiring an additional 878,490 shares during the period. Finally, International Assets Investment Management LLC boosted its stake in Union Pacific by 20,736.8% during the fourth quarter. International Assets Investment Management LLC now owns 803,677 shares of the railroad operator’s stock valued at $197,399,000 after buying an additional 799,820 shares during the period. 80.38% of the stock is owned by institutional investors.

Analyst Ratings Changes

UNP has been the topic of a number of research reports. Jefferies Financial Group initiated coverage on Union Pacific in a research report on Monday, April 8th. They set a “hold” rating and a $250.00 price target on the stock. Raymond James raised their price target on Union Pacific from $240.00 to $275.00 and gave the company a “strong-buy” rating in a research report on Tuesday, January 16th. Sanford C. Bernstein upgraded Union Pacific from a “market perform” rating to an “outperform” rating and set a $280.00 price objective on the stock in a report on Monday, January 22nd. Stifel Nicolaus lifted their price objective on Union Pacific from $231.00 to $248.00 and gave the stock a “hold” rating in a report on Friday, April 12th. Finally, BMO Capital Markets lifted their price objective on Union Pacific from $270.00 to $275.00 and gave the stock an “outperform” rating in a report on Friday, January 26th. Seven research 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 company. According to MarketBeat.com, Union Pacific has a consensus rating of “Moderate Buy” and an average price target of $255.00.

Union Pacific Stock Down 2.2 %

Shares of UNP traded down $5.28 during mid-day trading on Wednesday, reaching $231.01. The company had a trading volume of 771,021 shares, compared to its average volume of 2,286,104. The company has a debt-to-equity ratio of 2.11, a quick ratio of 0.67 and a current ratio of 0.81. The firm has a 50-day moving average price of $244.85 and a 200 day moving average price of $234.64. Union Pacific Co. has a 52 week low of $190.37 and a 52 week high of $258.66. The company has a market capitalization of $140.94 billion, a price-to-earnings ratio of 22.59, a price-to-earnings-growth ratio of 2.53 and a beta of 1.07.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, January 25th. The railroad operator reported $2.71 EPS for the quarter, topping analysts’ consensus estimates of $2.56 by $0.15. The firm had revenue of $6.16 billion for the quarter, compared to analysts’ expectations of $6.05 billion. Union Pacific had a return on equity of 46.87% and a net margin of 26.45%. The business’s revenue for the quarter was down .3% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.67 EPS. On average, sell-side analysts forecast that Union Pacific Co. will post 11.01 EPS for the current year.

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Thursday, February 29th were paid a dividend of $1.30 per share. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $5.20 dividend on an annualized basis and a yield of 2.25%. Union Pacific’s dividend payout ratio is presently 49.71%.

Insider Buying and Selling at Union Pacific

In other news, President Elizabeth F. Whited sold 3,750 shares of the company’s stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $250.00, for a total value of $937,500.00. Following the completion of the sale, the president now directly owns 56,682 shares in the company, valued at approximately $14,170,500. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.26% of the company’s stock.

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.