Commerzbank Aktiengesellschaft FI boosted its stake in shares of Union Pacific Co. (NYSE:UNP) by 70.5% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 45,952 shares of the railroad operator’s stock after purchasing an additional 19,005 shares during the quarter. Commerzbank Aktiengesellschaft FI’s holdings in Union Pacific were worth $6,162,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently modified their holdings of UNP. Acropolis Investment Management LLC acquired a new stake in shares of Union Pacific in the fourth quarter valued at approximately $107,000. Mitsubishi UFJ Securities Holdings Co. Ltd. grew its position in shares of Union Pacific by 46.6% in the second quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,070 shares of the railroad operator’s stock valued at $117,000 after purchasing an additional 340 shares during the last quarter. Acrospire Investment Management LLC grew its position in shares of Union Pacific by 33.3% in the second quarter. Acrospire Investment Management LLC now owns 1,200 shares of the railroad operator’s stock valued at $131,000 after purchasing an additional 300 shares during the last quarter. Jacobi Capital Management LLC grew its position in shares of Union Pacific by 6.6% in the second quarter. Jacobi Capital Management LLC now owns 1,705 shares of the railroad operator’s stock valued at $185,000 after purchasing an additional 105 shares during the last quarter. Finally, Harvest Fund Management Co. Ltd acquired a new stake in shares of Union Pacific in the fourth quarter valued at approximately $200,000. Institutional investors own 78.41% of the company’s stock.
Union Pacific Co. (NYSE UNP) opened at $134.27 on Tuesday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.83 and a current ratio of 1.02. The stock has a market cap of $104,640.00, a P/E ratio of 22.49, a P/E/G ratio of 1.68 and a beta of 0.84. Union Pacific Co. has a one year low of $101.06 and a one year high of $143.05.
The business also recently declared a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Wednesday, February 28th will be paid a dividend of $0.73 per share. The ex-dividend date is Tuesday, February 27th. This represents a $2.92 dividend on an annualized basis and a yield of 2.17%. This is an increase from Union Pacific’s previous quarterly dividend of $0.67. Union Pacific’s dividend payout ratio (DPR) is currently 44.56%.
Several research firms have recently commented on UNP. UBS Group upgraded shares of Union Pacific from a “neutral” rating to a “buy” rating in a research report on Friday, January 5th. Citigroup upgraded shares of Union Pacific from a “neutral” rating to a “buy” rating in a research report on Wednesday, February 14th. Zacks Investment Research upgraded shares of Union Pacific from a “hold” rating to a “buy” rating and set a $130.00 price target on the stock in a research report on Wednesday, November 1st. ValuEngine lowered shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Wednesday, November 15th. Finally, BMO Capital Markets increased their price target on shares of Union Pacific from $123.00 to $127.00 and gave the company an “outperform” rating in a research report on Friday, October 27th. Three investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and ten have assigned a buy rating to the stock. Union Pacific has an average rating of “Hold” and a consensus price target of $130.40.
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Union Pacific Company 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.
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