Union Pacific Corporation $UNP Shares Bought by Commerzbank Aktiengesellschaft FI

Commerzbank Aktiengesellschaft FI grew its holdings in Union Pacific Corporation (NYSE:UNP) by 26.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 30,302 shares of the railroad operator’s stock after buying an additional 6,427 shares during the quarter. Commerzbank Aktiengesellschaft FI’s holdings in Union Pacific were worth $7,163,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Envestnet Portfolio Solutions Inc. increased its stake in Union Pacific by 10.6% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 93,337 shares of the railroad operator’s stock worth $21,475,000 after buying an additional 8,925 shares in the last quarter. Union Bancaire Privee UBP SA boosted its stake in shares of Union Pacific by 9.8% in the third quarter. Union Bancaire Privee UBP SA now owns 52,849 shares of the railroad operator’s stock worth $12,492,000 after acquiring an additional 4,707 shares during the last quarter. CX Institutional boosted its stake in shares of Union Pacific by 39.8% in the third quarter. CX Institutional now owns 65,826 shares of the railroad operator’s stock worth $15,559,000 after acquiring an additional 18,742 shares during the last quarter. Pacific Capital Partners Ltd purchased a new stake in shares of Union Pacific during the third quarter worth approximately $1,664,000. Finally, SCS Capital Management LLC raised its stake in Union Pacific by 165.2% in the 2nd quarter. SCS Capital Management LLC now owns 34,808 shares of the railroad operator’s stock valued at $8,009,000 after purchasing an additional 21,685 shares during the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have issued reports on UNP. Deutsche Bank Aktiengesellschaft set a $245.00 target price on shares of Union Pacific in a research note on Thursday, December 11th. Weiss Ratings restated a “hold (c+)” rating on shares of Union Pacific in a research report on Wednesday. Citigroup set a $264.00 price objective on shares of Union Pacific and gave the company a “buy” rating in a report on Thursday, January 8th. Susquehanna reissued a “buy” rating on shares of Union Pacific in a research note on Monday, January 19th. Finally, BMO Capital Markets set a $255.00 target price on Union Pacific in a report on Wednesday, January 7th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $258.18.

Union Pacific Price Performance

Union Pacific stock opened at $229.67 on Friday. The company has a current ratio of 0.75, a quick ratio of 0.60 and a debt-to-equity ratio of 1.75. The stock has a market cap of $136.23 billion, a P/E ratio of 19.51, a PEG ratio of 2.65 and a beta of 0.99. The company has a 50-day moving average price of $231.23 and a 200 day moving average price of $226.87. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $256.84.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share for the quarter, beating the consensus estimate of $2.99 by $0.09. The business had revenue of $6.24 billion during the quarter, compared to analysts’ expectations of $6.24 billion. Union Pacific had a net margin of 28.73% and a return on equity of 42.23%. The business’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.75 EPS. Sell-side analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Friday, December 5th were given a $1.38 dividend. This represents a $5.52 annualized dividend and a yield of 2.4%. The ex-dividend date was Friday, December 5th. Union Pacific’s dividend payout ratio is presently 46.90%.

About Union Pacific

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.