EPS for Union Bankshares Corporation (UBSH) forecasted at $0.62

June 29, 2018 - By Norman Soto

Union Bankshares Corporation (NASDAQ:UBSH) Corporate Logo
During 2018 Q1 the big money sentiment increased to 2.95. That’s change of 1.35, from 2017Q4’s 1.6. 14 investors sold all, 27 reduced holdings as Union Bankshares Corporation ratio improved. 77 rose stakes while 44 funds took stakes. Funds hold 44.37 million shares thus 47.28% more from 2017Q4’s 30.13 million shares.
Jacobs Levy Equity Mngmt owns 24,470 shs for 0.01% of their capital. Sei Investments Com, Pennsylvania-based fund reported 1,792 shs. Cubist Systematic Strategies Llc reported 0.01% of its capital in Union Bankshares Corporation (NASDAQ:UBSH). Moreover, Serv Automobile Association has 0.02% invested in Union Bankshares Corporation (NASDAQ:UBSH). Citigroup, a New York-based fund reported 19,201 shs. Teacher Retirement Systems Of Texas accumulated 13,012 shs. Manufacturers Life The holds 1.38 million shs or 0.06% of its capital. Advisory has 0% invested in Union Bankshares Corporation (NASDAQ:UBSH) for 202 shs. Fj Capital Management Llc reported 1.42% stake. Metropolitan Life Insur Ny holds 0% of its capital in Union Bankshares Corporation (NASDAQ:UBSH) for 17,859 shs. Wedge Cap Management L L P Nc owns 0.15% invested in Union Bankshares Corporation (NASDAQ:UBSH) for 439,613 shs. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% of its capital in Union Bankshares Corporation (NASDAQ:UBSH) for 2,584 shs. Zweig accumulated 82,500 shs. Goldman Sachs Grp invested 0.01% of its capital in Union Bankshares Corporation (NASDAQ:UBSH). Of Virginia Ltd Com invested 0.22% in Union Bankshares Corporation (NASDAQ:UBSH).

Union Bankshares Corporation had 1 insider sale and 0 insider buys since March 13, 2018. This’s net activity of $1.27 million.

Investors expect Union Bankshares Corporation (NASDAQ:UBSH)’s quarterly earnings on July, 18., according to Zacks. EPS of $0.62 is 34.78 % up from 2017’s $0.46 EPS. If the current EPS of $0.62 is accurate, UBSH’s profit could hit $40.86M. Wall Street predicts 5.08 % EPS growth as of July, 18. UBSH reached $39.68 during the last trading session after $0.26 change.Union Bankshares Corporation has volume of 53,851 shares. Since June 29, 2017 UBSH has risen 21.26% and is uptrending. UBSH outperformed the S&P500 by 8.69%.

Union Bankshares Corporation (NASDAQ:UBSH) Ratings Coverage

In total 6 analysts cover Union First Market Bankshares Corp (NASDAQ:UBSH). “Buy” rating has 2, “Sell” are 0, while 4 are “Hold”. (NASDAQ:UBSH) has 33% bullish analysts. 19 are the (NASDAQ:UBSH)’s ratings reports on Jun 29, 2018 according to StockzIntelligence Inc. On Wednesday, January 24 the firm has “Hold” rating given by Sandler O’Neill. On Thursday, May 3 the company was maintained by Brean Capital. On Monday, February 26 the firm earned “Buy” rating by Keefe Bruyette & Woods. On Tuesday, January 23 the firm has “Hold” rating given by Brean Capital. On Monday, May 21 the firm earned “Hold” rating by Brean Capital. On Monday, April 16 Brean Capital maintained the shares of UBSH in report with “Hold” rating. On Friday, May 11 the stock has “Hold” rating by Brean Capital. On Monday, February 5 the stock has “Hold” rating by Brean Capital. In Wednesday, January 10 report Robert W. Baird maintained it with “Hold” rating and $38.0 target. On Wednesday, January 24 the firm has “Outperform” rating by Merion Capital given.

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 $2.62 billion market cap. The firm operates in two divisions, Community Bank and Mortgage.27.81 is the 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.

Another two news for Union Bankshares Corporation (NASDAQ:UBSH) were briefly announced by: Nasdaq.com on June 25, 2018 with title “Union Bankshares Corporation Appoints F. Blair Wimbush to Board of Directors”. The other Benzinga.com‘s article was titled “Benzinga’s Top Upgrades, Downgrades For June 1, 2018” and announced on June 01, 2018.

Union Bankshares Corporation (NASDAQ:UBSH) Institutional Investors Chart

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