King Luther Capital Management Corp Has $256.45 Million Stock Position in Union Pacific Co. (NYSE:UNP)

King Luther Capital Management Corp cut its stake in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 0.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,124,569 shares of the railroad operator's stock after selling 5,498 shares during the period. Union Pacific accounts for approximately 1.1% of King Luther Capital Management Corp's holdings, making the stock its 22nd biggest holding. King Luther Capital Management Corp owned approximately 0.19% of Union Pacific worth $256,447,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Compass Financial Services Inc purchased a new position in shares of Union Pacific in the 4th quarter valued at $25,000. Synergy Asset Management LLC acquired a new stake in Union Pacific in the 4th quarter valued at $29,000. Peterson Financial Group Inc. acquired a new stake in Union Pacific in the 3rd quarter valued at $32,000. Dunhill Financial LLC raised its position in Union Pacific by 111.5% in the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator's stock valued at $32,000 after purchasing an additional 68 shares during the period. Finally, PrairieView Partners LLC acquired a new position in shares of Union Pacific during the fourth quarter worth about $34,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, President Elizabeth F. Whited sold 7,500 shares of the business's stock in a transaction dated Friday, January 24th. The shares were sold at an average price of $250.00, for a total transaction of $1,875,000.00. Following the transaction, the president now owns 64,960 shares in the company, valued at approximately $16,240,000. The trade was a 10.35 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Craig V. Richardson sold 6,495 shares of the company's stock in a transaction dated Monday, January 27th. The shares were sold at an average price of $252.00, for a total transaction of $1,636,740.00. Following the transaction, the executive vice president now directly owns 26,319 shares of the company's stock, valued at $6,632,388. This represents a 19.79 % decrease in their position. The disclosure for this sale can be found here. 0.26% of the stock is owned by insiders.

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Union Pacific Stock Up 0.1 %

Shares of UNP traded up $0.32 during trading hours on Wednesday, hitting $238.10. 951,297 shares of the company were exchanged, compared to its average volume of 2,303,366. The firm's 50 day moving average is $241.63 and its 200-day moving average is $240.91. Union Pacific Co. has a 52 week low of $218.55 and a 52 week high of $258.07. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77. The company has a market cap of $143.88 billion, a PE ratio of 21.46, a PEG ratio of 2.15 and a beta of 1.05.

Union Pacific (NYSE:UNP - Get Free Report) last posted its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.76 by $0.15. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. During the same quarter in the prior year, the company posted $2.71 earnings per share. On average, equities research analysts forecast that Union Pacific Co. will post 11.99 EPS for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be given a dividend of $1.34 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $5.36 annualized dividend and a dividend yield of 2.25%. Union Pacific's dividend payout ratio is presently 48.33%.

Analyst Ratings Changes

A number of research analysts have recently commented on UNP shares. Benchmark upped their target price on shares of Union Pacific from $266.00 to $275.00 and gave the company a "buy" rating in a research note on Friday, January 24th. Stifel Nicolaus boosted their target price on shares of Union Pacific from $253.00 to $270.00 and gave the company a "buy" rating in a research note on Friday, January 24th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Union Pacific in a research note on Friday, March 7th. They set a "buy" rating and a $295.00 target price on the stock. Raymond James reissued a "strong-buy" rating and issued a $285.00 price objective (up previously from $265.00) on shares of Union Pacific in a research note on Friday, January 24th. Finally, Citigroup raised their price objective on Union Pacific from $254.00 to $260.00 and gave the stock a "neutral" rating in a research note on Friday, January 24th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Union Pacific has an average rating of "Moderate Buy" and a consensus target price of $263.00.

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.