Bartlett & CO. Wealth Management LLC Sells 6,990 Shares of Union Pacific Corporation (NYSE:UNP)

Bartlett & CO. Wealth Management LLC cut its position in shares of Union Pacific Corporation (NYSE:UNP - Free Report) by 5.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 133,268 shares of the railroad operator's stock after selling 6,990 shares during the quarter. Bartlett & CO. Wealth Management LLC's holdings in Union Pacific were worth $31,483,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of UNP. Fiduciary Trust Co raised its position in shares of Union Pacific by 2.8% in the 4th quarter. Fiduciary Trust Co now owns 102,213 shares of the railroad operator's stock worth $23,309,000 after acquiring an additional 2,807 shares in the last quarter. Sherbrooke Park Advisers LLC acquired a new stake in Union Pacific during the fourth quarter worth approximately $781,000. Miramar Capital LLC grew its stake in Union Pacific by 3.1% during the fourth quarter. Miramar Capital LLC now owns 54,564 shares of the railroad operator's stock worth $12,443,000 after purchasing an additional 1,648 shares during the period. Capital Advisors Ltd. LLC increased its holdings in Union Pacific by 11.9% in the first quarter. Capital Advisors Ltd. LLC now owns 1,952 shares of the railroad operator's stock worth $461,000 after purchasing an additional 207 shares in the last quarter. Finally, Argentarii LLC acquired a new position in Union Pacific in the fourth quarter valued at approximately $1,005,000. Institutional investors own 80.38% of the company's stock.

Union Pacific Trading Up 1.3%

Shares of Union Pacific stock opened at $229.85 on Friday. The firm has a market cap of $137.33 billion, a PE ratio of 20.71, a P/E/G ratio of 2.28 and a beta of 1.05. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $258.07. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.73 and a quick ratio of 0.61. The stock has a fifty day moving average price of $221.89 and a 200-day moving average price of $230.76.

Union Pacific (NYSE:UNP - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share for the quarter, missing the consensus estimate of $2.73 by ($0.03). The company had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $6.11 billion. Union Pacific had a net margin of 27.76% and a return on equity of 40.80%. Union Pacific's quarterly revenue was down .1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.69 EPS. Equities research analysts anticipate that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, May 30th will be paid a $1.34 dividend. The ex-dividend date is Friday, May 30th. This represents a $5.36 annualized dividend and a dividend yield of 2.33%. Union Pacific's payout ratio is presently 48.29%.

Analysts Set New Price Targets

Several analysts have recently commented on UNP shares. Stephens reduced their price objective on shares of Union Pacific from $275.00 to $255.00 and set an "overweight" rating for the company in a research report on Monday, April 28th. Stifel Nicolaus reduced their price target on shares of Union Pacific from $270.00 to $248.00 and set a "buy" rating for the company in a report on Monday, April 14th. Susquehanna upgraded shares of Union Pacific from a "neutral" rating to a "positive" rating and upped their price objective for the company from $245.00 to $260.00 in a report on Tuesday. Barclays cut their price objective on shares of Union Pacific from $285.00 to $260.00 and set an "overweight" rating on the stock in a research report on Friday, April 25th. Finally, Bank of America boosted their target price on Union Pacific from $256.00 to $262.00 and gave the company a "buy" rating in a research report on Friday, May 16th. One analyst has rated the stock with a sell rating, six have given a hold rating, sixteen have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $258.39.

Union Pacific 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.

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