Is there a Bearish outlook for Union Bankshares Corporation (NASDAQ:UBSH) this week?

April 20, 2018 - By Henry Gaston

Union Bankshares Corporation (NASDAQ:UBSH) LogoInvestors sentiment increased to 1.6 in Q4 2017. Its up 0.55, from 1.05 in 2017Q3. It is positive, as 7 investors sold Union Bankshares Corporation shares while 43 reduced holdings. 32 funds opened positions while 48 raised stakes. 30.13 million shares or 7.38% more from 28.06 million shares in 2017Q3 were reported.
Blackrock reported 2.93M shares. Oak Assocs Oh reported 15,185 shares. Price T Rowe Md owns 0% invested in Union Bankshares Corporation (NASDAQ:UBSH) for 533,527 shares. Ubs Asset Americas owns 26,776 shares. Bb&T Lc stated it has 0% of its portfolio in Union Bankshares Corporation (NASDAQ:UBSH). Sei invested 0% of its portfolio in Union Bankshares Corporation (NASDAQ:UBSH). Thrivent Fincl For Lutherans owns 90,417 shares or 0.01% of their US portfolio. Parallax Volatility Advisers Limited Partnership reported 6,678 shares. Paloma Prtn invested 0.01% in Union Bankshares Corporation (NASDAQ:UBSH). 6,409 are held by Proshare Limited. First Commercial Bank Of Omaha has invested 0.08% of its portfolio in Union Bankshares Corporation (NASDAQ:UBSH). Matarin Ltd holds 20,867 shares or 0.06% of its portfolio. Salzhauer Michael holds 18,909 shares. Parametric Portfolio Associate holds 76,496 shares. Thompson Siegel & Walmsley Ltd Limited Liability Company reported 0% of its portfolio in Union Bankshares Corporation (NASDAQ:UBSH).

Since December 14, 2017, it had 1 buying transaction, and 1 insider sale for $1.22 million activity. $49,730 worth of Union Bankshares Corporation (NASDAQ:UBSH) was bought by Stallings John G Jr. on Thursday, December 14.

Union Bankshares Corporation (NASDAQ:UBSH) Ratings Coverage

Among 6 analysts covering Union First Market Bankshares Corp (NASDAQ:UBSH), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Union First Market Bankshares Corp had 18 analyst reports since October 23, 2017 according to SRatingsIntel. On Wednesday, January 24 the stock rating was maintained by Sandler O’Neill with “Hold”. On Monday, October 30 the stock rating was maintained by Brean Capital with “Hold”. The firm earned “Hold” rating on Wednesday, January 10 by Robert W. Baird. The firm earned “Buy” rating on Tuesday, December 12 by Raymond James. As per Monday, January 29, the company rating was maintained by Brean Capital. The firm earned “Hold” rating on Wednesday, January 24 by Robert W. Baird. The firm earned “Outperform” rating on Wednesday, January 24 by Merion Capital. The firm earned “Buy” rating on Tuesday, December 12 by Keefe Bruyette & Woods. The stock of Union Bankshares Corporation (NASDAQ:UBSH) has “Hold” rating given on Friday, December 1 by Brean Capital. Brean Capital maintained the stock with “Hold” rating in Thursday, April 5 report. Below is a list of Union Bankshares Corporation (NASDAQ:UBSH) latest ratings and price target changes.

16/04/2018 Broker: Brean Capital Rating: Hold Maintain
05/04/2018 Broker: Brean Capital Rating: Hold Maintain
26/02/2018 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $44.0 Maintain
05/02/2018 Broker: Brean Capital Rating: Hold Maintain
29/01/2018 Broker: Brean Capital Rating: Hold Maintain
24/01/2018 Broker: Sandler O’Neill Rating: Hold New Target: $40.0 Maintain
24/01/2018 Broker: Robert W. Baird Rating: Hold New Target: $41.0 Maintain
23/01/2018 Broker: Brean Capital Rating: Hold Maintain
24/01/2018 Broker: Merion Capital Old Rating: Outperform New Rating: Outperform Old Target: $45 New Target: $47 Maintain
10/01/2018 Broker: Robert W. Baird Rating: Hold New Target: $38.0 Maintain

The stock increased 0.60% or $0.22 during the last trading session, reaching $36.55. About 136,029 shares traded. Union Bankshares Corporation (NASDAQ:UBSH) has risen 7.77% since April 20, 2017 and is uptrending. It has underperformed by 3.78% the S&P500.

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 $2.41 billion. The firm operates in two divisions, Community Bank and Mortgage. It has a 21.9 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.

Union Bankshares Corporation (NASDAQ:UBSH) Institutional Positions Chart

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