Parkside Financial Bank & Trust grew its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 6.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,763 shares of the railroad operator’s stock after purchasing an additional 305 shares during the period. Parkside Financial Bank & Trust’s holdings in Union Pacific Corporation were worth $518,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of UNP. Waldron LP boosted its position in shares of Union Pacific Corporation by 52.7% during the 1st quarter. Waldron LP now owns 3,920 shares of the railroad operator’s stock valued at $406,000 after purchasing an additional 1,353 shares in the last quarter. Brightworth boosted its position in shares of Union Pacific Corporation by 6.5% during the 1st quarter. Brightworth now owns 2,744 shares of the railroad operator’s stock valued at $291,000 after purchasing an additional 168 shares in the last quarter. Mathes Company Inc. boosted its position in shares of Union Pacific Corporation by 1.5% during the 1st quarter. Mathes Company Inc. now owns 26,765 shares of the railroad operator’s stock valued at $2,835,000 after purchasing an additional 400 shares in the last quarter. Crestwood Advisors Group LLC boosted its position in shares of Union Pacific Corporation by 2.2% during the 1st quarter. Crestwood Advisors Group LLC now owns 117,996 shares of the railroad operator’s stock valued at $12,498,000 after purchasing an additional 2,509 shares in the last quarter. Finally, BTIM Corp. boosted its position in shares of Union Pacific Corporation by 1.4% during the 1st quarter. BTIM Corp. now owns 554,694 shares of the railroad operator’s stock valued at $58,753,000 after purchasing an additional 7,900 shares in the last quarter. Institutional investors own 78.38% of the company’s stock.

In related news, EVP Cameron A. Scott sold 17,604 shares of the business’s stock in a transaction that occurred on Friday, July 7th. The stock was sold at an average price of $107.60, for a total value of $1,894,190.40. Following the completion of the transaction, the executive vice president now directly owns 95,470 shares in the company, valued at approximately $10,272,572. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.20% of the stock is currently owned by insiders.

Shares of Union Pacific Corporation (UNP) opened at 115.34 on Friday. Union Pacific Corporation has a 12-month low of $87.06 and a 12-month high of $115.57. The company’s 50 day moving average is $105.56 and its 200 day moving average is $107.35. The firm has a market capitalization of $92.32 billion, a PE ratio of 20.92 and a beta of 0.81.

Union Pacific Corporation (NYSE:UNP) last issued its quarterly earnings data on Thursday, July 20th. The railroad operator reported $1.45 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.39 by $0.06. Union Pacific Corporation had a return on equity of 22.70% and a net margin of 21.79%. The business had revenue of $5.25 billion during the quarter, compared to analyst estimates of $5.19 billion. During the same period in the previous year, the firm earned $1.17 EPS. Union Pacific Corporation’s quarterly revenue was up 10.1% compared to the same quarter last year. On average, analysts forecast that Union Pacific Corporation will post $5.79 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Thursday, August 31st will be given a $0.605 dividend. The ex-dividend date is Tuesday, August 29th. This represents a $2.42 annualized dividend and a dividend yield of 2.10%. Union Pacific Corporation’s dividend payout ratio is presently 43.84%.

Several equities analysts have recently weighed in on the stock. BMO Capital Markets restated a “buy” rating and set a $123.00 price objective on shares of Union Pacific Corporation in a research report on Friday, August 11th. Wolfe Research lowered shares of Union Pacific Corporation from an “outperform” rating to a “market perform” rating in a research report on Monday, August 7th. BidaskClub upgraded shares of Union Pacific Corporation from a “strong sell” rating to a “sell” rating in a research report on Friday, August 18th. Robert W. Baird restated a “hold” rating and set a $116.00 price objective on shares of Union Pacific Corporation in a research report on Sunday, September 17th. Finally, Stifel Nicolaus restated a “hold” rating and set a $118.00 price objective (up previously from $112.00) on shares of Union Pacific Corporation in a research report on Monday, July 24th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $113.38.

WARNING: “Parkside Financial Bank & Trust Boosts Stake in Union Pacific Corporation (UNP)” was first reported by Watch List News and is owned by of Watch List News. If you are accessing this article on another website, it was copied illegally and reposted in violation of United States and international copyright and trademark law. The original version of this article can be viewed at https://www.watchlistnews.com/parkside-financial-bank-trust-boosts-stake-in-union-pacific-corporation-unp/1581621.html.

Union Pacific Corporation Profile

Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.

Institutional Ownership by Quarter for Union Pacific Corporation (NYSE:UNP)

Receive News & Ratings for Union Pacific Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Union Pacific Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.