On Jun 27, 2018 SunTrust Robinson Humphrey Cuts United Community Banks (NASDAQ:UCBI) Rating.

June 27, 2018 - By Susanne Funderburg

United Community Banks, Inc. (NASDAQ:UCBI) Corporate Logo

During 2018 Q1 the big money sentiment increased to 1.73. That’s change of 0.63, from 2017Q4’s 1.1. 17 investors sold all, 47 reduced holdings as United Community Banks, Inc. ratio improved. 70 grew positions while 41 funds acquired positions. Funds hold 68.38 million shares thus 7.36% more from 2017Q4’s 63.70 million shares.

Nordea Investment Mngmt Ab accumulated 0.02% or 295,900 shs. Tnb has invested 0.11% in United Community Banks, Inc. (NASDAQ:UCBI). Zeke Capital Advsr Limited Liability accumulated 6,400 shs. Mufg Americas Hldg reported 1,008 shs. Great West Life Assurance Can has invested 0.01% in United Community Banks, Inc. (NASDAQ:UCBI). Jpmorgan Chase reported 987,432 shs. Morgan Stanley holds 199,936 shs. Comerica Bank reported 77,836 shs stake. Ubs Asset Management Americas Inc has invested 0% in United Community Banks, Inc. (NASDAQ:UCBI). Boston Prns holds 0.01% in United Community Banks, Inc. (NASDAQ:UCBI) or 170,710 shs. Rothschild Asset Mgmt stated it has 0.15% of its capital in United Community Banks, Inc. (NASDAQ:UCBI). Dana Investment Advisors has invested 0.11% in United Community Banks, Inc. (NASDAQ:UCBI). Principal Finance Group holds 1.23 million shs or 0.04% of its capital. Ameritas Investment Prns Inc owns 0.01% invested in United Community Banks, Inc. (NASDAQ:UCBI) for 6,061 shs. Segall Bryant Hamill Limited Company holds 0.21% in United Community Banks, Inc. (NASDAQ:UCBI) or 290,484 shs.

SunTrust Robinson Humphrey Decreased United Community Banks (NASDAQ:UCBI)’s Rating to Hold.

The new Hold rating of UCBI was announced in analysts report. SunTrust Robinson Humphrey decreased the rating from Buy on Tuesday morning.

United Community Banks, Inc. (NASDAQ:UCBI) Ratings Coverage

Total analysts of 5 have positions in United Community Banks (NASDAQ:UCBI) as follows: 3 rated it a “Buy”, 0 with “Sell” and 2 with “Hold”. The positive are 60%. Since January 8, 2018 according to StockzIntelligence Inc United Community Banks has 7 analyst reports. On Thursday, January 25 the stock has “Outperform” rating by Wood. On Tuesday, June 26 the firm earned “Hold” rating by SunTrust. On Thursday, January 25 the stock has “Buy” rating by Sandler O’Neill. On Tuesday, January 9 the firm has “Buy” rating by Sandler O’Neill given. On Wednesday, January 24 Stephens maintained United Community Banks, Inc. (NASDAQ:UCBI) with “Hold” rating. On Monday, January 8 the rating was maintained by SunTrust with “Buy”. On Thursday, January 25 the firm has “Buy” rating given by Keefe Bruyette & Woods.

At traded at $31.8 lastly.It’s uptrending since June 27, 2017 and is 22.96% down. UCBI outperformed the S&P500 by 10.39%.

United Community Banks, Inc. (NASDAQ:UCBI)’s earnings report is expected on July, 25., according to RTT. Analysts have anticipation on stock’s earnings per share of $0.55. That’s up 34.15 % from last year’s $0.41 earnings per share. If $0.55 is reported, UCBI’s profit will be $43.52M for 14.45 P/E. After $0.50 EPS report previous quarter, Wall Street now forecasts 10.00 % EPS growth of United Community Banks, Inc..

United Community Banks, Inc. operates as the bank holding firm for United Community Bank that provides retail and corporate banking services to individuals and businesses.The firm is worth $2.52 billion. It offers various deposit accounts, such as checking accounts, savings and time deposits accounts, NOW accounts, money market deposits, and certificates of deposit.34.64 is the P/E ratio. The firm also provides secured and unsecured loans that include commercial real estate, commercial and industrial, commercial construction, residential construction and mortgage, and indirect auto loans, as well as home equity lines of credits and fixed and adjustable-rate home mortgage loans.

A couple more United Community Banks, Inc. (NASDAQ:UCBI) news were brought out by: Nasdaq.com which released on June 19, 2018 “Research Report Identifies Synaptics, Ethan Allen Interiors, Urban Edge Properties, RPM International, Genomic …”, also Globenewswire.com on June 26, 2018 brought out “United Community Banks, Inc. Announces Date for Second Quarter 2018 Earnings Release and Conference Call”, the next Nasdaq.com is “United Community Banks, Inc. Appoints Two New Board Members, Lance F. Drummond and Jennifer Mann” on June 20, 2018. Benzinga.com has article titled “Benzinga’s Top Upgrades, Downgrades For June 26, 2018”.

United Community Banks, Inc. (NASDAQ:UCBI) Institutional Investors Chart

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