Commerzbank Aktiengesellschaft FI Acquires 4,765 Shares of Union Pacific Co. (NYSE:UNP)

Commerzbank Aktiengesellschaft FI lifted its stake in Union Pacific Co. (NYSE:UNP) by 36.6% in the 3rd quarter, Holdings Channel.com reports. The firm owned 17,767 shares of the railroad operator’s stock after buying an additional 4,765 shares during the quarter. Commerzbank Aktiengesellschaft FI’s holdings in Union Pacific were worth $4,380,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in UNP. BNP Paribas purchased a new stake in Union Pacific during the first quarter valued at $1,088,000. Envestnet Portfolio Solutions Inc. lifted its position in shares of Union Pacific by 19.0% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 126,369 shares of the railroad operator’s stock valued at $31,078,000 after buying an additional 20,173 shares in the last quarter. Shellback Capital LP increased its holdings in Union Pacific by 28.2% in the 2nd quarter. Shellback Capital LP now owns 20,000 shares of the railroad operator’s stock worth $4,525,000 after acquiring an additional 4,400 shares in the last quarter. Peoples Bank KS bought a new stake in Union Pacific during the 3rd quarter worth approximately $834,000. Finally, Maj Invest Holding A S boosted its position in shares of Union Pacific by 0.3% in the third quarter. Maj Invest Holding A S now owns 676,098 shares of the railroad operator’s stock worth $166,645,000 after purchasing an additional 2,202 shares during the period. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Stock Performance

Shares of NYSE UNP opened at $241.15 on Wednesday. Union Pacific Co. has a 1 year low of $199.97 and a 1 year high of $258.66. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.86 and a current ratio of 1.05. The company’s fifty day moving average price is $246.56 and its 200 day moving average price is $238.58. The company has a market capitalization of $146.91 billion, a PE ratio of 22.67, a price-to-earnings-growth ratio of 2.26 and a beta of 1.05.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, July 25th. The railroad operator reported $2.74 earnings per share for the quarter, topping analysts’ consensus estimates of $2.71 by $0.03. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. The company had revenue of $6.01 billion during the quarter, compared to analysts’ expectations of $6.05 billion. During the same quarter in the prior year, the firm posted $2.57 EPS. Union Pacific’s quarterly revenue was up .7% compared to the same quarter last year. On average, research analysts predict that Union Pacific Co. will post 11.07 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on UNP shares. Bank of America decreased their price target on Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a report on Tuesday, September 24th. Citigroup initiated coverage on Union Pacific in a research note on Wednesday, October 9th. They issued a “neutral” rating and a $264.00 price target for the company. Sanford C. Bernstein reduced their price objective on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 9th. Evercore ISI lowered shares of Union Pacific from an “outperform” rating to an “inline” rating and dropped their target price for the stock from $254.00 to $247.00 in a research report on Wednesday, September 25th. Finally, TD Cowen reduced their price target on shares of Union Pacific from $259.00 to $255.00 and set a “buy” rating on the stock in a report on Friday, July 26th. Nine research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $260.53.

Insider Activity

In related news, President Elizabeth F. Whited sold 3,552 shares of the business’s stock in a transaction dated Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total transaction of $875,887.68. Following the transaction, the president now directly owns 64,945 shares in the company, valued at approximately $16,014,787.55. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.28% of the company’s stock.

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.