King Luther Capital Management Corp Has $152.43 Million Position in Union Pacific Co. (UNP)

King Luther Capital Management Corp lifted its stake in shares of Union Pacific Co. (NYSE:UNP) by 4.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,133,906 shares of the railroad operator’s stock after buying an additional 46,351 shares during the period. Union Pacific comprises about 1.3% of King Luther Capital Management Corp’s holdings, making the stock its 23rd largest position. King Luther Capital Management Corp owned approximately 0.15% of Union Pacific worth $152,431,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in the stock. Boston Private Wealth LLC boosted its position in Union Pacific by 6.1% in the third quarter. Boston Private Wealth LLC now owns 288,714 shares of the railroad operator’s stock worth $33,482,000 after purchasing an additional 16,616 shares during the last quarter. Fiduciary Group LLC boosted its position in Union Pacific by 2.4% in the third quarter. Fiduciary Group LLC now owns 61,312 shares of the railroad operator’s stock worth $7,110,000 after purchasing an additional 1,410 shares during the last quarter. MUFG Americas Holdings Corp raised its stake in shares of Union Pacific by 3.2% in the third quarter. MUFG Americas Holdings Corp now owns 79,739 shares of the railroad operator’s stock valued at $9,248,000 after buying an additional 2,458 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Union Pacific by 0.9% in the third quarter. Dimensional Fund Advisors LP now owns 3,805,574 shares of the railroad operator’s stock valued at $441,332,000 after buying an additional 35,313 shares during the period. Finally, KBC Group NV raised its stake in shares of Union Pacific by 9.1% in the third quarter. KBC Group NV now owns 194,744 shares of the railroad operator’s stock valued at $22,585,000 after buying an additional 16,233 shares during the period. 79.01% of the stock is currently owned by institutional investors.

Several analysts have issued reports on UNP shares. Scotiabank restated a “hold” rating and issued a $148.00 target price on shares of Union Pacific in a research note on Thursday, January 25th. Robert W. Baird restated a “hold” rating on shares of Union Pacific in a research note on Friday, January 26th. Seaport Global Securities lowered Union Pacific from a “buy” rating to a “neutral” rating in a research note on Friday, January 26th. They noted that the move was a valuation call. TD Securities lowered their target price on Union Pacific from $155.00 to $150.00 and set a “buy” rating on the stock in a research note on Friday, January 26th. Finally, UBS lowered their target price on Union Pacific from $164.00 to $162.00 and set a “buy” rating on the stock in a research note on Friday, January 26th. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. Union Pacific has a consensus rating of “Hold” and an average price target of $138.95.

NYSE:UNP opened at $142.92 on Wednesday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.65 and a current ratio of 0.82. Union Pacific Co. has a 52-week low of $101.06 and a 52-week high of $146.73. The firm has a market cap of $111.75 billion, a P/E ratio of 23.55, a P/E/G ratio of 1.79 and a beta of 0.79.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, April 26th. The railroad operator reported $1.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.66 by $0.02. Union Pacific had a return on equity of 22.16% and a net margin of 50.73%. The company had revenue of $5.47 billion for the quarter, compared to analyst estimates of $5.39 billion. During the same period in the previous year, the company posted $1.32 EPS. The firm’s revenue for the quarter was up 6.7% compared to the same quarter last year. research analysts forecast that Union Pacific Co. will post 7.59 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 29th. Investors of record on Thursday, May 31st will be paid a dividend of $0.73 per share. The ex-dividend date is Wednesday, May 30th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 2.04%. Union Pacific’s payout ratio is 50.43%.

In other Union Pacific news, EVP Elizabeth F. Whited sold 15,576 shares of the company’s stock in a transaction dated Tuesday, April 3rd. The stock was sold at an average price of $133.79, for a total value of $2,083,913.04. Following the transaction, the executive vice president now directly owns 65,613 shares in the company, valued at approximately $8,778,363.27. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Robert M. Knight, Jr. sold 25,000 shares of the company’s stock in a transaction dated Tuesday, March 20th. The stock was sold at an average price of $137.39, for a total value of $3,434,750.00. Following the completion of the transaction, the chief financial officer now owns 106,518 shares in the company, valued at $14,634,508.02. The disclosure for this sale can be found here. Insiders own 0.20% of the company’s stock.

Union Pacific Company Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, and food and beverage products; automotive, such as finished vehicles and automotive parts; and chemicals comprising industrial chemicals, plastics, fertilizers, petroleum and liquid petroleum gases, crude oil, and soda ash.

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

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