B. Riley Wealth Advisors Inc. Sells 4,682 Shares of Union Pacific Co. (NYSE:UNP)

B. Riley Wealth Advisors Inc. cut its stake in Union Pacific Co. (NYSE:UNP - Free Report) by 19.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 19,484 shares of the railroad operator's stock after selling 4,682 shares during the period. B. Riley Wealth Advisors Inc.'s holdings in Union Pacific were worth $4,768,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Cultivar Capital Inc. purchased a new position in shares of Union Pacific during the second quarter valued at approximately $27,000. Strategic Investment Solutions Inc. IL bought a new position in shares of Union Pacific in the second quarter worth approximately $28,000. Financial Gravity Asset Management Inc. lifted its position in Union Pacific by 3,250.0% in the 2nd quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator's stock valued at $30,000 after acquiring an additional 130 shares in the last quarter. Catalyst Capital Advisors LLC purchased a new stake in Union Pacific during the 3rd quarter valued at $30,000. Finally, Fairscale Capital LLC bought a new stake in shares of Union Pacific in the 2nd quarter worth $31,000. 80.38% of the stock is owned by institutional investors.

Union Pacific Price Performance

Shares of NYSE:UNP traded up $1.27 during mid-day trading on Friday, reaching $234.98. The stock had a trading volume of 2,715,604 shares, compared to its average volume of 2,503,270. The business's 50 day moving average price is $238.39 and its 200 day moving average price is $238.35. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.66. The company has a market cap of $142.46 billion, a P/E ratio of 21.58, a price-to-earnings-growth ratio of 2.33 and a beta of 1.05. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79.

Union Pacific (NYSE:UNP - Get Free Report) last issued its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (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 firm had revenue of $6.09 billion for the quarter, compared to analysts' expectations of $6.14 billion. During the same period last year, the company earned $2.51 earnings per share. The firm's revenue was up 2.5% on a year-over-year basis. Research analysts expect that Union Pacific Co. will post 10.94 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 30th. Shareholders of record on Monday, December 9th will be paid a $1.34 dividend. The ex-dividend date is Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.28%. Union Pacific's payout ratio is currently 49.22%.

Wall Street Analyst Weigh In

UNP has been the topic of a number of research analyst reports. Sanford C. Bernstein lowered their price target on Union Pacific from $277.00 to $272.00 and set an "outperform" rating on the stock in a report on Wednesday, October 9th. Robert W. Baird lowered their price objective on shares of Union Pacific from $270.00 to $260.00 and set an "outperform" rating on the stock in a research report on Friday, October 25th. Benchmark restated a "buy" rating and set a $266.00 price target on shares of Union Pacific in a research note on Friday, October 25th. Citigroup increased their price objective on shares of Union Pacific from $255.00 to $267.00 and gave the stock a "neutral" rating in a research note on Tuesday, November 12th. Finally, Susquehanna cut their target price on shares of 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 assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $259.80.

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.