Union Bankshares Corporation (UBSH) EPS Estimated At $0.62

June 13, 2018 - By Karen Cook

Union Bankshares Corporation (NASDAQ:UBSH) LogoInvestors sentiment increased to 2.95 in 2018 Q1. 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.
Salzhauer Michael has invested 0.68% of its portfolio in Union Bankshares Corporation (NASDAQ:UBSH). Martin Inc Tn owns 87,126 shares. Hennessy Incorporated invested 0.17% of its portfolio in Union Bankshares Corporation (NASDAQ:UBSH). Denver Investment Ltd reported 0.9% in Union Bankshares Corporation (NASDAQ:UBSH). Natixis Advisors Lp stated it has 0.07% in Union Bankshares Corporation (NASDAQ:UBSH). Swiss Bancorp holds 0% in Union Bankshares Corporation (NASDAQ:UBSH) or 102,472 shares. Pnc Serv Group holds 5,849 shares or 0% of its portfolio. Sei has invested 0% in Union Bankshares Corporation (NASDAQ:UBSH). Kennedy Capital Management Inc invested in 450,329 shares. Brinker has 6,196 shares. Wells Fargo Mn holds 0% in Union Bankshares Corporation (NASDAQ:UBSH) or 235,887 shares. Palladium Prns Lc holds 0.02% or 8,890 shares in its portfolio. The Tennessee-based First Mercantile has invested 0.05% in Union Bankshares Corporation (NASDAQ:UBSH). Northwestern Mutual Wealth Mngmt Communication accumulated 2,245 shares. Systematic Mngmt Lp reported 220,124 shares or 0.18% of all its holdings.

Since December 14, 2017, it had 0 insider buys, and 1 sale for $1.27 million activity. On Thursday, December 14 Stallings John G Jr. bought $49,730 worth of Union Bankshares Corporation (NASDAQ:UBSH) or 1,373 shares.

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 rating was maintained by Brean Capital with “Hold” on Tuesday, January 2. The company was maintained on Thursday, May 3 by Brean Capital. The stock has “Hold” rating by Brean Capital on Friday, May 11. The rating was maintained by Robert W. Baird with “Hold” on Tuesday, April 24. As per Tuesday, January 23, the company rating was maintained by Brean Capital. The firm has “Hold” rating given on Monday, May 21 by Brean Capital. The firm has “Hold” rating by Brean Capital given on Monday, January 29. Keefe Bruyette & Woods maintained the shares of UBSH in report on Monday, February 26 with “Buy” rating. The stock has “Hold” rating by Robert W. Baird on Wednesday, January 10. The stock of Union Bankshares Corporation (NASDAQ:UBSH) has “Hold” rating given on Monday, June 11 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: 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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