King Luther Capital Management Corp Has $278.54 Million Position in Union Pacific Co. (NYSE:UNP)

King Luther Capital Management Corp reduced its holdings in shares of Union Pacific Co. (NYSE:UNP) by 0.6% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,130,067 shares of the railroad operator’s stock after selling 7,390 shares during the quarter. Union Pacific accounts for about 1.2% of King Luther Capital Management Corp’s holdings, making the stock its 20th biggest holding. King Luther Capital Management Corp owned approximately 0.19% of Union Pacific worth $278,539,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Shellback Capital LP raised its holdings in Union Pacific by 28.2% during the 2nd quarter. Shellback Capital LP now owns 20,000 shares of the railroad operator’s stock worth $4,525,000 after purchasing an additional 4,400 shares during the last quarter. Peoples Bank KS bought a new position in Union Pacific during the third quarter valued at about $834,000. Maj Invest Holding A S raised its stake in shares of Union Pacific by 0.3% in the third quarter. Maj Invest Holding A S now owns 676,098 shares of the railroad operator’s stock valued at $166,645,000 after buying an additional 2,202 shares during the period. Radnor Capital Management LLC bought a new position in shares of Union Pacific in the third quarter worth $2,923,000. Finally, Kestra Advisory Services LLC lifted its stake in Union Pacific by 13.6% in the 1st quarter. Kestra Advisory Services LLC now owns 90,758 shares of the railroad operator’s stock worth $22,320,000 after purchasing an additional 10,876 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analysts Set New Price Targets

UNP has been the topic of several recent research reports. Evercore ISI lowered Union Pacific from an “outperform” rating to an “inline” rating and reduced their price objective for the company from $254.00 to $247.00 in a research report on Wednesday, September 25th. Wells Fargo & Company lowered their price objective on Union Pacific from $270.00 to $255.00 and set an “overweight” rating on the stock in a research report on Friday, October 25th. Sanford C. Bernstein cut their price objective on Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research note on Wednesday, October 9th. Stifel Nicolaus decreased their target price on shares of Union Pacific from $265.00 to $262.00 and set a “buy” rating on the stock in a research report on Friday, October 25th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. Nine equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $259.80.

Union Pacific Trading Up 0.1 %

Shares of Union Pacific stock opened at $233.56 on Thursday. The company has a 50 day simple moving average of $240.86 and a two-hundred day simple moving average of $238.51. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.66. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. The firm has a market cap of $141.60 billion, a PE ratio of 21.45, a PEG ratio of 2.31 and a beta of 1.06.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). The firm had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The company’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.51 earnings per share. Analysts expect that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.

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.