EPS for Union Bankshares Corporation (UBSH) Expected At $0.62

June 13, 2018 - By Anna Granville

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.
Parametric Port Associates Lc stated it has 0% of its portfolio in Union Bankshares Corporation (NASDAQ:UBSH). Alliancebernstein L P owns 89,099 shares for 0% of their portfolio. Blackrock Inc has 3.58M shares for 0.01% of their portfolio. Denver Invest Advsrs Ltd Liability Company has 466,850 shares for 0.9% of their portfolio. 29,500 were accumulated by Deroy And Devereaux Private Invest Counsel Inc. 8,680 were accumulated by Thrivent For Lutherans. Amalgamated Bancorporation invested 0.01% of its portfolio in Union Bankshares Corporation (NASDAQ:UBSH). Dubuque National Bank Trust accumulated 0.04% or 6,894 shares. Lsv Asset Management stated it has 176,147 shares. Glenmede Tru Co Na reported 10,334 shares stake. New York-based Tower Research Ltd Liability Co (Trc) has invested 0.03% in Union Bankshares Corporation (NASDAQ:UBSH). Virtu Ltd Com invested in 0.02% or 8,224 shares. State Street Corp reported 0.01% stake. Stephens Ar holds 33,681 shares or 0.05% of its portfolio. Martin & Tn reported 87,126 shares or 1.06% of all its holdings.

Since December 14, 2017, it had 0 buys, and 1 sale for $1.27 million activity. 32,064 Union Bankshares Corporation (NASDAQ:UBSH) shares with value of $1.27 million were sold by BEALE G WILLIAM.

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. On Thursday, May 3 the stock rating was maintained by Brean Capital with “Hold”. The stock of Union Bankshares Corporation (NASDAQ:UBSH) earned “Hold” rating by Brean Capital on Monday, April 16. As per Monday, June 11, the company rating was maintained by Brean Capital. Brean Capital maintained Union Bankshares Corporation (NASDAQ:UBSH) on Monday, February 5 with “Hold” rating. The firm earned “Buy” rating on Thursday, December 21 by Keefe Bruyette & Woods. The rating was maintained by Brean Capital with “Hold” on Monday, January 29. The stock has “Hold” rating by Brean Capital on Friday, May 11. The rating was maintained by Merion Capital on Wednesday, January 24 with “Outperform”. The firm has “Hold” rating by Brean Capital given on Monday, May 21. The firm earned “Hold” rating on Tuesday, January 2 by Brean Capital.

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: Streetinsider.com which released: “Barclays Starts Union First Market Bankshares (UBSH) at Equalweight” on June 01, 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. Globenewswire.com‘s news article titled: “Union Bank & Trust Completes Integration of Xenith Bank” with publication date: May 29, 2018 was also an interesting one.

Union Bankshares Corporation (NASDAQ:UBSH) Institutional Positions Chart

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