Union Bankshares Corporation (UBSH) Analysts See $0.62 EPS

June 15, 2018 - By Lindsey Sherman

Union Bankshares Corporation (NASDAQ:UBSH) LogoInvestors sentiment increased to 2.95 in Q1 2018. Its up 1.35, from 1.6 in 2017Q4. It improved, 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.
Union Bank holds 97,912 shares. Phocas Fincl has invested 0.99% in Union Bankshares Corporation (NASDAQ:UBSH). Bancorp Of America De accumulated 123,352 shares. Moreover, Pnc Fincl Group has 0% invested in Union Bankshares Corporation (NASDAQ:UBSH). Atlantic Tru Grp Limited Liability Corporation invested in 1,067 shares or 0% of the stock. Ubs Asset Americas Inc owns 38,672 shares. Employees Retirement Sys Of Ohio owns 1,267 shares for 0% of their portfolio. Fmr Ltd Limited Liability Company reported 0% stake. Monarch Prns Asset Mngmt Ltd reported 162,977 shares. D E Shaw & Comm reported 10,755 shares stake. Lpl Financial Lc reported 22,257 shares stake. Wells Fargo & Commerce Mn has 235,887 shares. Wedge Cap Mngmt L Lp Nc stated it has 0.15% of its portfolio in Union Bankshares Corporation (NASDAQ:UBSH). Denver Inv Ltd Liability invested in 0.9% or 466,850 shares. Brown Advisory accumulated 88,390 shares.

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. Brean Capital maintained Union Bankshares Corporation (NASDAQ:UBSH) on Monday, February 5 with “Hold” rating. On Monday, April 16 the stock rating was maintained by Brean Capital with “Hold”. The firm has “Hold” rating by Brean Capital given on Thursday, April 5. The stock has “Hold” rating by Brean Capital on Monday, May 21. As per Tuesday, January 2, the company rating was maintained by Brean Capital. The rating was maintained by Keefe Bruyette & Woods on Thursday, December 21 with “Buy”. Brean Capital maintained the stock with “Hold” rating in Monday, June 11 report. The stock has “Hold” rating by Robert W. Baird on Wednesday, January 10. The rating was maintained by Robert W. Baird with “Hold” on Wednesday, January 24. As per Wednesday, January 24, the company rating was maintained 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 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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