Commerce Bank Trims Stock Holdings in Union Pacific Co. (NYSE:UNP)

Commerce Bank reduced its stake in Union Pacific Co. (NYSE:UNPGet Rating) by 2.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 526,290 shares of the railroad operator’s stock after selling 11,422 shares during the period. Union Pacific makes up approximately 0.9% of Commerce Bank’s portfolio, making the stock its 21st biggest position. Commerce Bank owned about 0.09% of Union Pacific worth $102,532,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. FMR LLC increased its stake in Union Pacific by 3.1% during the second quarter. FMR LLC now owns 7,375,359 shares of the railroad operator’s stock worth $1,573,016,000 after purchasing an additional 223,054 shares during the period. Legal & General Group Plc increased its stake in Union Pacific by 2.0% during the second quarter. Legal & General Group Plc now owns 5,585,167 shares of the railroad operator’s stock worth $1,191,205,000 after purchasing an additional 107,715 shares during the period. Price T Rowe Associates Inc. MD increased its stake in Union Pacific by 8.3% during the second quarter. Price T Rowe Associates Inc. MD now owns 4,004,224 shares of the railroad operator’s stock worth $854,021,000 after purchasing an additional 307,153 shares during the period. Charles Schwab Investment Management Inc. increased its stake in Union Pacific by 1.9% during the first quarter. Charles Schwab Investment Management Inc. now owns 3,209,794 shares of the railroad operator’s stock worth $876,948,000 after purchasing an additional 60,357 shares during the period. Finally, Principal Financial Group Inc. increased its stake in shares of Union Pacific by 34.8% during the second quarter. Principal Financial Group Inc. now owns 3,011,120 shares of the railroad operator’s stock worth $642,211,000 after buying an additional 776,970 shares during the period. 77.27% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms recently weighed in on UNP. Bank of America lowered shares of Union Pacific from a “buy” rating to a “neutral” rating in a research note on Tuesday. Barclays upped their price target on Union Pacific from $220.00 to $230.00 and gave the company an “overweight” rating in a report on Wednesday, January 11th. Morgan Stanley increased their price target on Union Pacific from $177.00 to $179.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 11th. Benchmark cut their price objective on Union Pacific to $220.00 in a research report on Thursday, October 13th. Finally, Susquehanna Bancshares dropped their price target on Union Pacific from $208.00 to $200.00 and set a “neutral” rating for the company in a research report on Friday, October 21st. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $218.25.

Union Pacific Trading Down 3.3 %

Shares of UNP stock opened at $203.18 on Wednesday. The company has a debt-to-equity ratio of 2.70, a quick ratio of 0.63 and a current ratio of 0.77. Union Pacific Co. has a 1 year low of $183.48 and a 1 year high of $278.94. The stock has a fifty day moving average of $211.00 and a two-hundred day moving average of $212.97. The firm has a market capitalization of $124.92 billion, a PE ratio of 18.12, a price-to-earnings-growth ratio of 1.80 and a beta of 1.12.

Union Pacific (NYSE:UNPGet Rating) last posted its quarterly earnings data on Tuesday, January 24th. The railroad operator reported $2.67 EPS for the quarter, missing analysts’ consensus estimates of $2.77 by ($0.10). The firm had revenue of $6.18 billion during the quarter, compared to the consensus estimate of $6.26 billion. Union Pacific had a return on equity of 56.68% and a net margin of 28.95%. The firm’s quarterly revenue was up 7.8% on a year-over-year basis. During the same period in the prior year, the firm posted $2.66 EPS. As a group, research analysts expect that Union Pacific Co. will post 11.47 EPS for the current year.

Union Pacific Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, December 29th. Shareholders of record on Monday, December 19th were issued a $1.30 dividend. The ex-dividend date of this dividend was Friday, December 16th. This represents a $5.20 annualized dividend and a yield of 2.56%. Union Pacific’s dividend payout ratio (DPR) is 46.39%.

Union Pacific Company Profile

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Union Pacific Corp. engages in the provision of railroad and freight transportation services. Its principal operating company, Union Pacific Railroad Co, operates as a railroad franchise. The Railroad’s diversified business mix includes agricultural products, automotive, chemicals, coal, industrial products, and intermodal.

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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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