6,002 Shares in Union Pacific Corporation $UNP Bought by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. bought a new stake in shares of Union Pacific Corporation (NYSE:UNP) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 6,002 shares of the railroad operator’s stock, valued at approximately $1,381,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of UNP. Ethos Financial Group LLC lifted its position in shares of Union Pacific by 29.4% in the 1st quarter. Ethos Financial Group LLC now owns 1,320 shares of the railroad operator’s stock worth $304,000 after acquiring an additional 300 shares during the period. Brooklyn Investment Group increased its holdings in Union Pacific by 18.7% in the 1st quarter. Brooklyn Investment Group now owns 5,611 shares of the railroad operator’s stock valued at $1,325,000 after buying an additional 884 shares during the period. Northern Trust Corp raised its stake in shares of Union Pacific by 2.0% in the 1st quarter. Northern Trust Corp now owns 7,105,382 shares of the railroad operator’s stock valued at $1,678,575,000 after buying an additional 142,732 shares in the last quarter. Aviso Financial Inc. lifted its holdings in shares of Union Pacific by 2.0% during the 1st quarter. Aviso Financial Inc. now owns 3,052 shares of the railroad operator’s stock worth $721,000 after acquiring an additional 61 shares during the period. Finally, Aptus Capital Advisors LLC boosted its position in shares of Union Pacific by 429.7% during the 1st quarter. Aptus Capital Advisors LLC now owns 95,110 shares of the railroad operator’s stock valued at $22,469,000 after acquiring an additional 77,153 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Trading Up 0.3%

Shares of UNP opened at $240.72 on Tuesday. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.60 and a current ratio of 0.75. The company has a market cap of $142.78 billion, a price-to-earnings ratio of 20.45, a PEG ratio of 2.66 and a beta of 0.99. The stock has a fifty day moving average price of $226.45 and a two-hundred day moving average price of $225.94. Union Pacific Corporation has a 52-week low of $204.66 and a 52-week high of $256.84.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share for the quarter, beating analysts’ consensus estimates of $2.99 by $0.09. Union Pacific had a return on equity of 42.23% and a net margin of 28.73%.The company had revenue of $6.24 billion during the quarter, compared to analyst estimates of $6.24 billion. During the same period last year, the company posted $2.75 earnings per share. The firm’s quarterly revenue was up 2.5% compared to the same quarter last year. Analysts predict that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 30th. Shareholders of record on Friday, December 5th will be paid a $1.38 dividend. The ex-dividend date of this dividend is Friday, December 5th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.3%. Union Pacific’s payout ratio is currently 46.90%.

Analysts Set New Price Targets

UNP has been the subject of several recent research reports. BMO Capital Markets dropped their price target on shares of Union Pacific from $277.00 to $275.00 and set an “outperform” rating for the company in a research report on Friday, October 24th. Weiss Ratings restated a “hold (c+)” rating on shares of Union Pacific in a research report on Wednesday, October 8th. JPMorgan Chase & Co. boosted their price target on Union Pacific from $265.00 to $267.00 and gave the company a “neutral” rating in a research note on Friday, October 24th. Citigroup increased their price objective on Union Pacific from $263.00 to $265.00 and gave the stock a “buy” rating in a research note on Friday, October 24th. Finally, Cowen reissued a “buy” rating on shares of Union Pacific in a report on Friday, October 24th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and twelve have given a Hold rating to the company’s stock. According to MarketBeat.com, Union Pacific presently has an average rating of “Moderate Buy” and a consensus target price of $259.54.

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.