Bartlett & CO. Wealth Management LLC Has $31.98 Million Stock Holdings in Union Pacific Co. (NYSE:UNP)

Bartlett & CO. Wealth Management LLC trimmed its position in Union Pacific Co. (NYSE:UNP) by 1.8% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 140,258 shares of the railroad operator’s stock after selling 2,513 shares during the quarter. Bartlett & CO. Wealth Management LLC’s holdings in Union Pacific were worth $31,984,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. World Investment Advisors LLC raised its holdings in shares of Union Pacific by 103.1% in the 3rd quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator’s stock worth $8,770,000 after acquiring an additional 18,060 shares during the last quarter. Shellback Capital LP raised its stake in shares of Union Pacific by 28.2% in the second 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 purchased a new stake in shares of Union Pacific in the third quarter worth approximately $834,000. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Union Pacific by 2.8% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 179,925 shares of the railroad operator’s stock valued at $44,348,000 after purchasing an additional 4,939 shares in the last quarter. Finally, Maj Invest Holding A S boosted its position in shares of Union Pacific by 0.3% during 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 last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

UNP has been the subject of a number of analyst reports. Royal Bank of Canada lowered their price target on Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Barclays boosted their price target on shares of Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a report on Wednesday, November 13th. Citigroup increased their price objective on shares of Union Pacific from $255.00 to $267.00 and gave the company a “neutral” rating in a research note on Tuesday, November 12th. StockNews.com downgraded Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Finally, Susquehanna decreased their price target on Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Nine research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $259.35.

Union Pacific Trading Down 0.4 %

NYSE:UNP opened at $235.77 on Thursday. The company has a market cap of $142.94 billion, a P/E ratio of 21.65, a P/E/G ratio of 2.13 and a beta of 1.06. 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 stock’s fifty day moving average price is $233.63 and its two-hundred day moving average price is $239.18.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing the consensus estimate of $2.78 by ($0.03). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The company had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. During the same quarter in the prior year, the business earned $2.51 EPS. The firm’s revenue for the quarter was up 2.5% compared to the same quarter last year. As a group, analysts expect that Union Pacific Co. will post 10.96 EPS for the current year.

Union Pacific Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were given a $1.34 dividend. The ex-dividend date of this dividend was Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.27%. Union Pacific’s dividend payout ratio (DPR) is currently 49.22%.

About Union Pacific

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.