Union Pacific Corporation $UNP Stake Raised by Commerzbank Aktiengesellschaft FI

Key Points

• Commerzbank Aktiengesellschaft FI increased its stake in Union Pacific Corporation by 26.4%, acquiring nearly 24,000 shares valued at approximately $5.49 million.
• The company's recent quarterly earnings showed an EPS of $3.03, surpassing estimates, with revenue growth of 2.4% year-over-year.
• Union Pacific has announced a quarterly dividend of $1.38 per share, marking an increase from the previous dividend and reflecting a 2.4% yield.

Commerzbank Aktiengesellschaft FI increased its stake in Union Pacific Corporation (NYSE:UNP - Free Report) by 26.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,875 shares of the railroad operator's stock after purchasing an additional 4,980 shares during the quarter. Commerzbank Aktiengesellschaft FI's holdings in Union Pacific were worth $5,494,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of UNP. Farther Finance Advisors LLC increased its stake in Union Pacific by 22.7% in the 1st quarter. Farther Finance Advisors LLC now owns 6,238 shares of the railroad operator's stock worth $1,480,000 after purchasing an additional 1,154 shares in the last quarter. Pallas Capital Advisors LLC increased its stake in Union Pacific by 22.1% in the 1st quarter. Pallas Capital Advisors LLC now owns 2,030 shares of the railroad operator's stock worth $480,000 after purchasing an additional 368 shares in the last quarter. GAMMA Investing LLC increased its stake in Union Pacific by 16.8% in the 1st quarter. GAMMA Investing LLC now owns 10,545 shares of the railroad operator's stock worth $2,491,000 after purchasing an additional 1,520 shares in the last quarter. MV Capital Management Inc. increased its stake in Union Pacific by 79.5% in the 1st quarter. MV Capital Management Inc. now owns 921 shares of the railroad operator's stock worth $218,000 after purchasing an additional 408 shares in the last quarter. Finally, Focus Financial Network Inc. increased its stake in Union Pacific by 4.1% in the 1st quarter. Focus Financial Network Inc. now owns 4,933 shares of the railroad operator's stock worth $1,165,000 after purchasing an additional 194 shares in the last quarter. Hedge funds and other institutional investors own 80.38% of the company's stock.

Union Pacific Stock Down 0.5%

Shares of Union Pacific stock opened at $231.44 on Friday. The firm has a market cap of $137.27 billion, a price-to-earnings ratio of 20.11, a P/E/G ratio of 2.42 and a beta of 1.07. The company has a debt-to-equity ratio of 1.86, a current ratio of 0.65 and a quick ratio of 0.53. Union Pacific Corporation has a 52-week low of $204.66 and a 52-week high of $256.84. The stock has a 50-day simple moving average of $224.32 and a 200-day simple moving average of $224.54.

Union Pacific (NYSE:UNP - Get Free Report) last announced its quarterly earnings results on Thursday, July 24th. The railroad operator reported $3.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.84 by $0.19. The business had revenue of $6.15 billion during the quarter, compared to analyst estimates of $6.09 billion. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%.The firm's revenue was up 2.4% on a year-over-year basis. During the same period in the previous year, the company earned $2.74 EPS. On average, equities research analysts expect that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Friday, August 29th were issued a dividend of $1.38 per share. The ex-dividend date was Friday, August 29th. This represents a $5.52 annualized dividend and a dividend yield of 2.4%. This is a positive change from Union Pacific's previous quarterly dividend of $1.34. Union Pacific's dividend payout ratio is presently 47.96%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on UNP shares. Barclays cut Union Pacific from an "overweight" rating to an "equal weight" rating in a research note on Wednesday, July 30th. Sanford C. Bernstein lifted their target price on Union Pacific from $271.00 to $286.00 and gave the company an "outperform" rating in a research note on Monday, July 21st. Citigroup raised Union Pacific from a "neutral" rating to a "buy" rating and lifted their target price for the company from $250.00 to $251.00 in a research note on Monday, September 15th. Raymond James Financial reaffirmed a "strong-buy" rating on shares of Union Pacific in a research note on Tuesday, July 15th. Finally, Susquehanna reaffirmed a "positive" rating and set a $272.00 target price (up previously from $257.00) on shares of Union Pacific in a research note on Thursday, September 25th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eleven have assigned a Hold rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $261.08.

Union Pacific Company Profile

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.

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