Union Bankshares Corporation (UBSH) EPS Estimated At $0.62

June 15, 2018 - By Louis Casey

Union Bankshares Corporation (NASDAQ:UBSH) LogoInvestors sentiment increased to 2.95 in Q1 2018. Its up 1.35, from 1.6 in 2017Q4. It increased, 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.
Geode Mgmt Ltd Co invested 0.01% in Union Bankshares Corporation (NASDAQ:UBSH). Oppenheimer Co Inc has invested 0.01% in Union Bankshares Corporation (NASDAQ:UBSH). California Employees Retirement Sys holds 0.01% of its portfolio in Union Bankshares Corporation (NASDAQ:UBSH) for 107,500 shares. Lpl Financial Ltd Liability stated it has 0% in Union Bankshares Corporation (NASDAQ:UBSH). Schroder Management invested in 0.01% or 223,969 shares. Jacobs Levy Equity holds 24,470 shares. Meeder Asset Management has 739 shares. Outfitter Advsr holds 0.37% or 22,300 shares in its portfolio. Phocas Corp owns 288,891 shares or 0.99% of their US portfolio. Virtu Ltd has 8,224 shares. Swiss Bancshares invested 0% of its portfolio in Union Bankshares Corporation (NASDAQ:UBSH). Zweig has invested 0.27% in Union Bankshares Corporation (NASDAQ:UBSH). Legal & General Group Public Ltd Company reported 0% in Union Bankshares Corporation (NASDAQ:UBSH). Citigroup owns 0% invested in Union Bankshares Corporation (NASDAQ:UBSH) for 19,201 shares. Moreover, Ftb Advsrs has 0% invested in Union Bankshares Corporation (NASDAQ:UBSH).

Since March 13, 2018, it had 0 buys, and 1 insider sale for $1.27 million activity.

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 $40.86 million giving it 16.32 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 1.17% or $0.48 during the last trading session, reaching $40.48. About 712,332 shares traded or 70.48% up from the average. Union Bankshares Corporation (NASDAQ:UBSH) has risen 21.26% since June 15, 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. As per Monday, June 11, the company rating was maintained by Brean Capital. Robert W. Baird maintained Union Bankshares Corporation (NASDAQ:UBSH) on Tuesday, April 24 with “Hold” rating. The rating was maintained by Brean Capital on Monday, January 29 with “Hold”. The rating was maintained by Brean Capital on Thursday, May 3 with “Hold”. The stock has “Hold” rating by Brean Capital on Thursday, April 5. As per Friday, May 11, the company rating was maintained by Brean Capital. Brean Capital maintained the stock with “Hold” rating in Monday, April 16 report. The rating was maintained by Merion Capital on Wednesday, January 24 with “Outperform”. The stock of Union Bankshares Corporation (NASDAQ:UBSH) earned “Buy” rating by Keefe Bruyette & Woods on Monday, February 26. The stock of Union Bankshares Corporation (NASDAQ:UBSH) has “Hold” rating given on Wednesday, January 24 by Sandler O’Neill.

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 $2.67 billion. The firm operates in two divisions, Community Bank and Mortgage. It has a 28.37 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 Globenewswire.com published the news titled: “Analysis: Positioning to Benefit within Anavex Life Sciences, Varonis, Motorcar Parts of America, Minerals …” on May 22, 2018. Streetinsider.com‘s news article titled: “Barclays Starts Union First Market Bankshares (UBSH) at Equalweight” with publication date: June 01, 2018 was also an interesting one.

Union Bankshares Corporation (NASDAQ:UBSH) Institutional Positions Chart

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