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

June 13, 2018 - By James Guidry

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.
Emerald Advisers Pa accumulated 626,530 shares or 0.92% of the stock. Meeder Asset Mgmt holds 739 shares or 0% of its portfolio. Wells Fargo Company Mn invested in 235,887 shares. Alliancebernstein L P, New York-based fund reported 89,099 shares. Cambridge Inv Research Advsrs Incorporated invested in 7,228 shares. The Pennsylvania-based Alphaone Ltd has invested 0.01% in Union Bankshares Corporation (NASDAQ:UBSH). Prudential Fin Inc has 0% invested in Union Bankshares Corporation (NASDAQ:UBSH) for 6,379 shares. Tiedemann Advisors Ltd Liability Com invested in 0.03% or 12,385 shares. 4.00M were reported by Wellington Management Group Incorporated Llp. Bnp Paribas Asset Mgmt holds 0.09% of its portfolio in Union Bankshares Corporation (NASDAQ:UBSH) for 275,058 shares. Prospector Ptnrs Lc invested 0.24% in Union Bankshares Corporation (NASDAQ:UBSH). Jennison Lc reported 0% stake. 439,613 were reported by Wedge Capital L Limited Partnership Nc. Vaughan Nelson Management Ltd Partnership holds 0.95% or 2.11 million shares. Bryn Mawr Trust owns 244,239 shares or 0.51% of their US portfolio.

Since December 14, 2017, it had 0 insider purchases, and 1 insider sale for $1.27 million activity. 1,373 Union Bankshares Corporation (NASDAQ:UBSH) shares with value of $49,730 were bought by Stallings John G Jr..

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 stock has “Hold” rating by Brean Capital on Monday, April 16. Robert W. Baird maintained it with “Hold” rating and $38.0 target in Wednesday, January 10 report. The rating was maintained by Brean Capital with “Hold” on Monday, February 5. The rating was maintained by Brean Capital with “Hold” on Tuesday, January 23. The company was maintained on Monday, May 21 by Brean Capital. As per Thursday, May 3, the company rating was maintained by Brean Capital. Sandler O’Neill maintained the stock with “Hold” rating in Wednesday, January 24 report. The rating was maintained by Brean Capital on Monday, April 23 with “Hold”. The stock has “Hold” rating by Brean Capital on Friday, May 11. The stock has “Buy” rating by Keefe Bruyette & Woods on Monday, February 26.

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: “Analysis: Positioning to Benefit within Anavex Life Sciences, Varonis, Motorcar Parts of America, Minerals …” on May 22, 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: “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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.