Parkside Investments LLC Buys 1,666 Shares of Union Pacific Co. (NYSE:UNP)

Parkside Investments LLC boosted its stake in Union Pacific Co. (NYSE:UNP) by 3.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 48,931 shares of the railroad operator’s stock after purchasing an additional 1,666 shares during the period. Union Pacific makes up approximately 1.7% of Parkside Investments LLC’s holdings, making the stock its 17th largest position. Parkside Investments LLC’s holdings in Union Pacific were worth $11,158,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in UNP. Strategic Investment Solutions Inc. IL purchased a new position in Union Pacific during the second quarter valued at $28,000. Catalyst Capital Advisors LLC bought a new stake in Union Pacific during the 3rd quarter worth approximately $30,000. Jamison Private Wealth Management Inc. boosted its position in shares of Union Pacific by 265.7% in the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock worth $32,000 after purchasing an additional 93 shares during the period. Peterson Financial Group Inc. purchased a new stake in shares of Union Pacific in the third quarter worth $32,000. Finally, Dunhill Financial LLC lifted its stake in shares of Union Pacific by 111.5% during the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock valued at $32,000 after buying an additional 68 shares in the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Price Performance

UNP opened at $248.94 on Monday. Union Pacific Co. has a 52-week low of $218.55 and a 52-week high of $258.66. The stock has a market cap of $150.92 billion, a P/E ratio of 22.86, a PEG ratio of 2.12 and a beta of 1.06. The business has a fifty day moving average of $234.05 and a 200 day moving average of $239.63. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, beating analysts’ consensus estimates of $2.76 by $0.15. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. During the same quarter last year, the firm posted $2.71 earnings per share. As a group, sell-side analysts anticipate that Union Pacific Co. will post 10.96 EPS for the current year.

Union Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were issued a $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.15%. The ex-dividend date was Monday, December 9th. Union Pacific’s dividend payout ratio is presently 49.22%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Wells Fargo & Company decreased their target price on Union Pacific from $267.00 to $265.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 7th. BMO Capital Markets upped their target price on shares of Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a research report on Friday. Benchmark lifted their price target on shares of Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a report on Friday. Raymond James reissued a “strong-buy” rating and set a $285.00 price objective (up previously from $265.00) on shares of Union Pacific in a report on Friday. Finally, Stifel Nicolaus lifted their target price on Union Pacific from $253.00 to $270.00 and gave the stock a “buy” rating in a report on Friday. Eight analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $263.30.

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.