Union Pacific Co. (NYSE:UNP) Shares Sold by Parkside Financial Bank & Trust

Parkside Financial Bank & Trust decreased its holdings in Union Pacific Co. (NYSE:UNP) by 1.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,394 shares of the railroad operator’s stock after selling 75 shares during the quarter. Parkside Financial Bank & Trust’s holdings in Union Pacific were worth $1,002,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in UNP. Compass Financial Services Inc purchased a new position in Union Pacific during the 4th quarter worth approximately $25,000. Synergy Asset Management LLC purchased a new position in Union Pacific during the 4th quarter worth approximately $29,000. Catalyst Capital Advisors LLC purchased a new position in Union Pacific during the 3rd quarter worth approximately $30,000. Peterson Financial Group Inc. purchased a new position in Union Pacific during the 3rd quarter worth approximately $32,000. Finally, Dunhill Financial LLC grew its position in Union Pacific by 111.5% during the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock worth $32,000 after purchasing an additional 68 shares in the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, EVP Craig V. Richardson sold 6,495 shares of the stock in a transaction dated Monday, January 27th. The shares were sold at an average price of $252.00, for a total value of $1,636,740.00. Following the completion of the sale, the executive vice president now owns 26,319 shares in the company, valued at $6,632,388. This represents a 19.79 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, President Elizabeth F. Whited sold 7,500 shares of the firm’s stock in a transaction dated Friday, January 24th. The stock was sold at an average price of $250.00, for a total transaction of $1,875,000.00. Following the sale, the president now owns 64,960 shares of the company’s stock, valued at $16,240,000. This trade represents a 10.35 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.28% of the company’s stock.

Union Pacific Stock Performance

Shares of UNP stock opened at $245.12 on Friday. The company has a 50-day simple moving average of $239.05 and a 200 day simple moving average of $240.86. The company has a market capitalization of $148.12 billion, a price-to-earnings ratio of 22.10, a PEG ratio of 2.15 and a beta of 1.06. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77. Union Pacific Co. has a 52 week low of $218.55 and a 52 week high of $258.07.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.76 by $0.15. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. During the same quarter in the previous year, the business posted $2.71 earnings per share. On average, sell-side analysts predict that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 28th will be paid a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.19%. The ex-dividend date is Friday, February 28th. Union Pacific’s dividend payout ratio is currently 48.33%.

Analyst Upgrades and Downgrades

Several research firms have weighed in on UNP. Stifel Nicolaus lifted their price objective on shares of Union Pacific from $253.00 to $270.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Barclays boosted their price target on shares of Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a report on Wednesday, November 13th. Citigroup upped their price target on shares of Union Pacific from $254.00 to $260.00 and gave the stock a “neutral” rating in a research note on Friday, January 24th. Wells Fargo & Company dropped their price target on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 7th. Finally, Robert W. Baird upped their price target on shares of Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Union Pacific presently has a consensus rating of “Moderate Buy” and an average price target of $261.40.

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.