Bartlett & CO. Wealth Management LLC Sells 7,197 Shares of Union Pacific Corporation $UNP

Key Points

• Bartlett & CO. Wealth Management LLC reduced its stake in Union Pacific by 5.6%, selling 7,197 shares in Q4 and now holding 120,886 shares valued at $27,963,000.
• Union Pacific missed Q4 estimates with EPS of $2.86 (vs. $2.92 consensus) and revenue of $6.09B (vs. $6.15B), and analysts assign a "Moderate Buy" rating with an average price target of $265.86.
• The company pays a quarterly dividend of $1.38 (annualized $5.52) for a 2.2% yield, and institutional investors own about 80.38% of the stock.

Bartlett & CO. Wealth Management LLC reduced its holdings in shares of Union Pacific Corporation (NYSE:UNP - Free Report) by 5.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 120,886 shares of the railroad operator's stock after selling 7,197 shares during the quarter. Bartlett & CO. Wealth Management LLC's holdings in Union Pacific were worth $27,963,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Acadian Asset Management LLC grew its position in shares of Union Pacific by 40.4% in the 1st quarter. Acadian Asset Management LLC now owns 2,312 shares of the railroad operator's stock valued at $546,000 after buying an additional 665 shares during the last quarter. Schnieders Capital Management LLC. grew its position in shares of Union Pacific by 0.5% in the 2nd quarter. Schnieders Capital Management LLC. now owns 20,606 shares of the railroad operator's stock valued at $4,741,000 after buying an additional 102 shares during the last quarter. Nebula Research & Development LLC grew its position in shares of Union Pacific by 222.6% in the 2nd quarter. Nebula Research & Development LLC now owns 10,469 shares of the railroad operator's stock valued at $2,409,000 after buying an additional 7,224 shares during the last quarter. Faithward Advisors LLC grew its position in shares of Union Pacific by 9.6% in the 2nd quarter. Faithward Advisors LLC now owns 2,052 shares of the railroad operator's stock valued at $472,000 after buying an additional 179 shares during the last quarter. Finally, ICW Investment Advisors LLC grew its position in shares of Union Pacific by 6.0% in the 2nd quarter. ICW Investment Advisors LLC now owns 5,570 shares of the railroad operator's stock valued at $1,282,000 after buying an additional 316 shares during the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Stock Performance

Shares of UNP opened at $250.81 on Friday. The company has a current ratio of 0.91, a quick ratio of 0.75 and a debt-to-equity ratio of 1.64. The company has a market capitalization of $148.83 billion, a price-to-earnings ratio of 20.95, a PEG ratio of 3.02 and a beta of 0.96. The stock has a 50 day moving average of $251.43 and a 200 day moving average of $236.85. Union Pacific Corporation has a 12 month low of $206.63 and a 12 month high of $268.14.

Union Pacific (NYSE:UNP - Get Free Report) last announced its quarterly earnings data on Tuesday, January 27th. The railroad operator reported $2.86 earnings per share for the quarter, missing the consensus estimate of $2.92 by ($0.06). Union Pacific had a net margin of 29.12% and a return on equity of 40.89%. The firm had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.15 billion. During the same period last year, the company posted $2.91 earnings per share. Union Pacific's revenue for the quarter was down .6% on a year-over-year basis. As a group, sell-side analysts forecast that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, February 27th were given a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a yield of 2.2%. The ex-dividend date was Friday, February 27th. Union Pacific's payout ratio is presently 46.12%.

Insider Buying and Selling

In related news, EVP Eric J. Gehringer sold 1,999 shares of the business's stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $234.93, for a total transaction of $469,625.07. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.28% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on UNP shares. Barclays reissued an "overweight" rating and issued a $285.00 price objective (up from $270.00) on shares of Union Pacific in a research note on Tuesday, December 16th. The Goldman Sachs Group reissued a "neutral" rating and issued a $267.00 price objective on shares of Union Pacific in a research note on Tuesday, January 27th. BMO Capital Markets reissued a "market perform" rating and issued a $295.00 price objective on shares of Union Pacific in a research note on Thursday, February 19th. JPMorgan Chase & Co. dropped their price objective on Union Pacific from $270.00 to $265.00 and set a "neutral" rating on the stock in a research note on Wednesday, January 28th. Finally, Royal Bank Of Canada set a $280.00 price objective on Union Pacific in a research note on Thursday, December 18th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $265.86.

About Union Pacific

Union Pacific Corporation NYSE: UNP is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific's core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.

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