News headlines about Union Bankshares (NASDAQ:UBSH) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Union Bankshares earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 46.4106387831698 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the media stories that may have impacted Accern’s scoring:
UBSH has been the subject of several analyst reports. Zacks Investment Research raised Union Bankshares from a “hold” rating to a “buy” rating and set a $40.00 target price for the company in a research report on Saturday, January 6th. BidaskClub raised Union Bankshares from a “sell” rating to a “hold” rating in a research report on Thursday, January 11th. ValuEngine downgraded Union Bankshares from a “buy” rating to a “hold” rating in a research report on Tuesday, October 10th. Brean Capital reaffirmed a “hold” rating on shares of Union Bankshares in a research report on Monday, October 30th. Finally, Sandler O’Neill set a $39.00 target price on Union Bankshares and gave the stock a “hold” rating in a research report on Thursday, January 4th. Four analysts have rated the stock with a hold rating, two have given a buy rating and three have given a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $41.80.
Union Bankshares (UBSH) traded down $0.13 during trading hours on Wednesday, hitting $37.75. The company had a trading volume of 258,367 shares, compared to its average volume of 516,122. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.94 and a current ratio of 0.94. Union Bankshares has a fifty-two week low of $29.50 and a fifty-two week high of $39.37. The firm has a market capitalization of $2,513.94, a PE ratio of 22.69 and a beta of 1.28.
Union Bankshares (NASDAQ:UBSH) last released its quarterly earnings results on Tuesday, January 23rd. The financial services provider reported $0.52 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.51 by $0.01. Union Bankshares had a return on equity of 8.12% and a net margin of 18.15%. The business had revenue of $90.64 million for the quarter, compared to analysts’ expectations of $91.35 million. equities research analysts expect that Union Bankshares will post 2.56 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 20th. Investors of record on Tuesday, February 6th will be paid a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 2.23%. The ex-dividend date of this dividend is Monday, February 5th. Union Bankshares’s dividend payout ratio (DPR) is 50.30%.
In other Union Bankshares news, EVP John G. Jr. Stallings purchased 1,373 shares of the business’s stock in a transaction that occurred on Thursday, December 14th. The shares were acquired at an average price of $36.22 per share, for a total transaction of $49,730.06. Following the completion of the purchase, the executive vice president now owns 9,582 shares in the company, valued at approximately $347,060.04. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 2.18% of the company’s stock.
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Union Bankshares Company Profile
Union Bankshares Corporation is a financial holding company and bank holding company. The Company operates through two segments: a community bank segment and mortgage loan origination business segment. The Company offers financial services through its community bank subsidiary, Union Bank & Trust (the Bank) and three non-bank financial services affiliates.
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