Union Bankshares (UBSH) Receiving Somewhat Positive Press Coverage, Analysis Finds

Media coverage about Union Bankshares (NASDAQ:UBSH) has been trending somewhat positive this week, according to Accern. Accern rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Union Bankshares earned a coverage optimism score of 0.15 on Accern’s scale. Accern also gave news headlines about the financial services provider an impact score of 45.6134693461767 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Shares of Union Bankshares (NASDAQ UBSH) opened at $36.81 on Thursday. Union Bankshares has a 1-year low of $29.50 and a 1-year high of $39.37. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.42. The stock has a market cap of $2,389.73, a P/E ratio of 22.04 and a beta of 1.21.

Union Bankshares (NASDAQ:UBSH) last released its quarterly earnings results on Tuesday, January 23rd. The financial services provider reported $0.52 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.51 by $0.01. Union Bankshares had a net margin of 18.15% and a return on equity of 8.12%. The business had revenue of $90.64 million for the quarter, compared to analyst estimates of $91.35 million. analysts forecast that Union Bankshares will post 2.56 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 20th. Stockholders of record on Tuesday, February 6th will be issued a dividend of $0.21 per share. The ex-dividend date is Monday, February 5th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.28%. Union Bankshares’s dividend payout ratio is currently 50.30%.

Several research firms recently commented on UBSH. Zacks Investment Research lowered shares of Union Bankshares from a “hold” rating to a “sell” rating in a research note on Saturday, October 21st. Brean Capital reissued a “hold” rating on shares of Union Bankshares in a research note on Monday, October 30th. BidaskClub raised shares of Union Bankshares from a “sell” rating to a “hold” rating in a research note on Thursday, January 11th. Merion Capital Group increased their target price on shares of Union Bankshares from $45.00 to $47.00 and gave the company an “outperform” rating in a research note on Wednesday, January 24th. Finally, Sandler O’Neill set a $39.00 target price on shares of Union Bankshares and gave the company a “hold” rating in a research note on Thursday, January 4th. Four research analysts have rated the stock with a hold rating, two have given a buy rating and three have assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $41.80.

In other news, EVP John G. Jr. Stallings purchased 1,373 shares of the business’s stock in a transaction dated 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 acquisition, the executive vice president now directly owns 9,582 shares of the company’s stock, valued at $347,060.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.18% of the stock is owned by insiders.

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About Union Bankshares

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.

Insider Buying and Selling by Quarter for Union Bankshares (NASDAQ:UBSH)

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