Union Bankshares Corporation (UBSH) EPS Estimated At $0.62

June 13, 2018 - By Adrian Erickson

Union Bankshares Corporation (NASDAQ:UBSH) LogoInvestors sentiment increased to 2.95 in Q1 2018. Its up 1.35, from 1.6 in 2017Q4. It is positive, as 14 investors sold Union Bankshares Corporation shares while 27 reduced holdings. 44 funds opened positions while 77 raised stakes. 44.37 million shares or 47.28% more from 30.13 million shares in 2017Q4 were reported.
Deroy & Devereaux Private Inv Counsel Incorporated has invested 0.12% in Union Bankshares Corporation (NASDAQ:UBSH). 10,755 are owned by D E Shaw &. Deutsche Bankshares Ag has invested 0% of its portfolio in Union Bankshares Corporation (NASDAQ:UBSH). Teton Advsrs stated it has 16,380 shares or 0.06% of all its holdings. Zurcher Kantonalbank (Zurich Cantonalbank) owns 2,584 shares or 0% of their US portfolio. The Alabama-based Zweig has invested 0.27% in Union Bankshares Corporation (NASDAQ:UBSH). 7,388 were accumulated by Amalgamated Bankshares. Renaissance Tech reported 427,578 shares. Ubs Asset Management Americas Inc reported 38,672 shares. Thompson Siegel & Walmsley Limited Co holds 0% of its portfolio in Union Bankshares Corporation (NASDAQ:UBSH) for 9,063 shares. Rhumbline Advisers holds 57,302 shares or 0% of its portfolio. Manufacturers Life Insurance Co The invested in 1.38M shares. Outfitter Advsr holds 22,300 shares. Inv Counselors Of Maryland holds 1.05% in Union Bankshares Corporation (NASDAQ:UBSH) or 558,147 shares. Raymond James Finance Svcs Advisors Inc holds 0.01% of its portfolio in Union Bankshares Corporation (NASDAQ:UBSH) for 40,216 shares.

Since December 14, 2017, it had 0 insider buys, and 1 insider sale for $1.27 million activity. BEALE G WILLIAM also sold $1.27 million worth of Union Bankshares Corporation (NASDAQ:UBSH) on Tuesday, March 13.

Analysts expect Union Bankshares Corporation (NASDAQ:UBSH) to report $0.62 EPS on July, 18.They anticipate $0.16 EPS change or 34.78 % from last quarter’s $0.46 EPS. UBSH’s profit would be $40.87 million giving it 16.52 P/E if the $0.62 EPS is correct. After having $0.59 EPS previously, Union Bankshares Corporation’s analysts see 5.08 % EPS growth. The stock decreased 0.07% or $0.03 during the last trading session, reaching $40.96. About 648,409 shares traded or 56.39% up from the average. Union Bankshares Corporation (NASDAQ:UBSH) has risen 21.26% since June 14, 2017 and is uptrending. It has outperformed by 8.69% the S&P500.

Union Bankshares Corporation (NASDAQ:UBSH) Ratings Coverage

Among 6 analysts covering Union First Market Bankshares Corp (NASDAQ:UBSH), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. Union First Market Bankshares Corp had 20 analyst reports since December 21, 2017 according to SRatingsIntel. The company was maintained on Wednesday, January 10 by Robert W. Baird. Brean Capital maintained the stock with “Hold” rating in Thursday, May 3 report. Brean Capital maintained Union Bankshares Corporation (NASDAQ:UBSH) on Monday, April 23 with “Hold” rating. As per Monday, May 21, the company rating was maintained by Brean Capital. The firm has “Hold” rating by Brean Capital given on Tuesday, January 2. The firm has “Hold” rating given on Thursday, April 5 by Brean Capital. Brean Capital maintained the shares of UBSH in report on Monday, June 11 with “Hold” rating. Merion Capital maintained Union Bankshares Corporation (NASDAQ:UBSH) rating on Wednesday, January 24. Merion Capital has “Outperform” rating and $47 target. Robert W. Baird maintained Union Bankshares Corporation (NASDAQ:UBSH) rating on Tuesday, April 24. Robert W. Baird has “Hold” rating and $4200 target. On Thursday, December 21 the stock rating was maintained by Keefe Bruyette & Woods with “Buy”.

Union Bankshares Corporation operates as the bank holding firm for Union Bank & Trust that provides banking and related financial services to clients and businesses. The company has market cap of $2.70 billion. The firm operates in two divisions, Community Bank and Mortgage. It has a 28.7 P/E ratio. It accepts various deposit products, including checking, savings, NOW, time deposit, and money market accounts, as well as certificates of deposit and other depository services.

More recent Union Bankshares Corporation (NASDAQ:UBSH) news were published by: Globenewswire.com which released: “Union Bank & Trust Completes Integration of Xenith Bank” on May 29, 2018. Also Streetinsider.com published the news titled: “Barclays Starts Union First Market Bankshares (UBSH) at Equalweight” on June 01, 2018. Globenewswire.com‘s news article titled: “Analysis: Positioning to Benefit within Anavex Life Sciences, Varonis, Motorcar Parts of America, Minerals …” with publication date: May 22, 2018 was also an interesting one.

Union Bankshares Corporation (NASDAQ:UBSH) Institutional Positions Chart

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