Analysts See $0.62 EPS for Union Bankshares Corporation (UBSH)

June 15, 2018 - By Michael Taylor

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.
Wellington Management Gp Ltd Liability Partnership stated it has 0.03% in Union Bankshares Corporation (NASDAQ:UBSH). Ameritas Prtn Inc owns 0.01% invested in Union Bankshares Corporation (NASDAQ:UBSH) for 4,773 shares. Banc Funds Com Ltd stated it has 659,642 shares. California Pub Employees Retirement System reported 107,500 shares. Glenmede Tru Company Na has 10,334 shares for 0% of their portfolio. Raymond James & reported 0% in Union Bankshares Corporation (NASDAQ:UBSH). Schroder Inv Mngmt holds 0.01% or 223,969 shares. Davenport Comm Ltd owns 47,116 shares for 0% of their portfolio. Signaturefd invested in 1,325 shares or 0.01% of the stock. Fj Cap holds 351,400 shares. Bnp Paribas Asset Sa invested 0.09% of its portfolio in Union Bankshares Corporation (NASDAQ:UBSH). Mgmt Of Virginia Limited Liability stated it has 0.22% in Union Bankshares Corporation (NASDAQ:UBSH). Palladium Prtnrs Ltd Co invested in 8,890 shares or 0.02% of the stock. New York-based Bancshares Of Mellon has invested 0.02% in Union Bankshares Corporation (NASDAQ:UBSH). Deroy And Devereaux Private Invest Counsel Inc stated it has 29,500 shares or 0.12% of all its holdings.

Since March 13, 2018, it had 0 insider purchases, and 1 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. The rating was maintained by Merion Capital with “Outperform” on Wednesday, January 24. The rating was maintained by Brean Capital with “Hold” on Monday, April 16. The firm has “Hold” rating given on Monday, June 11 by Brean Capital. The stock of Union Bankshares Corporation (NASDAQ:UBSH) has “Hold” rating given on Tuesday, January 2 by Brean Capital. Keefe Bruyette & Woods maintained it with “Buy” rating and $43.0 target in Thursday, December 21 report. The firm has “Hold” rating given on Monday, April 23 by Brean Capital. Robert W. Baird maintained Union Bankshares Corporation (NASDAQ:UBSH) on Wednesday, January 24 with “Hold” rating. On Tuesday, April 24 the stock rating was maintained by Robert W. Baird with “Hold”. The firm has “Hold” rating given on Thursday, May 3 by Brean Capital. On Monday, January 29 the stock rating was maintained by Brean Capital with “Hold”.

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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