United Bankshares Inc (NASDAQ:UBSI) Institutional Investors Sentiment

May 17, 2018 - By Vivian Currie

Sentiment for United Bankshares Inc (NASDAQ:UBSI)

United Bankshares Inc (NASDAQ:UBSI) institutional sentiment decreased to 1.21 in Q4 2017. Its down -0.23, from 1.44 in 2017Q3. The ratio has worsened, as 97 active investment managers started new and increased positions, while 80 sold and decreased stakes in United Bankshares Inc. The active investment managers in our partner’s database now possess: 69.78 million shares, up from 67.55 million shares in 2017Q3. Also, the number of active investment managers holding United Bankshares Inc in their top 10 positions was flat from 2 to 2 for the same number . Sold All: 16 Reduced: 64 Increased: 70 New Position: 27.

United Bankshares, Inc. operates as the bank holding firm for United Bank and United Bank (VA) that provide commercial and retail banking services and products primarily in the United States. The company has market cap of $3.76 billion. The firm accepts checking, savings, and time and money market accounts; individual retirement accounts; and demand deposits, statement and special savings, and NOW accounts. It has a 23.21 P/E ratio. It also offers personal, commercial, floor plan, and student loans; construction and real estate loans; and consumer loans, including credit card and home equity loans.

The stock increased 0.70% or $0.25 during the last trading session, reaching $35.75. About 274,498 shares traded. United Bankshares, Inc. (NASDAQ:UBSI) has declined 13.81% since May 17, 2017 and is downtrending. It has underperformed by 25.36% the S&P500.

Analysts await United Bankshares, Inc. (NASDAQ:UBSI) to report earnings on July, 26. They expect $0.61 EPS, up 64.86 % or $0.24 from last year’s $0.37 per share. UBSI’s profit will be $64.14M for 14.65 P/E if the $0.61 EPS becomes a reality. After $0.59 actual EPS reported by United Bankshares, Inc. for the previous quarter, Wall Street now forecasts 3.39 % EPS growth.

Tributary Capital Management Llc holds 2.12% of its portfolio in United Bankshares, Inc. for 701,594 shares. Nuance Investments Llc owns 763,214 shares or 1.77% of their US portfolio. Moreover, Heartland Advisors Inc has 1.26% invested in the company for 564,286 shares. The Connecticut-based Cardinal Capital Management Llc Ct has invested 0.82% in the stock. Fuller & Thaler Asset Management Inc., a California-based fund reported 1.95 million shares.

Since January 1, 0001, it had 0 buys, and 3 sales for $4.41 million activity.

United Bankshares, Inc. (NASDAQ:UBSI) Ratings Coverage

Ratings analysis reveals 0 of United Bankshares’s analysts are positive. Out of 4 Wall Street analysts rating United Bankshares, 0 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. The lowest target is $38 while the high is $39.0. The stock’s average target of $38.33 is 7.22% above today’s ($35.75) share price. UBSI was included in 5 notes of analysts from December 21, 2017. The stock of United Bankshares, Inc. (NASDAQ:UBSI) earned “Hold” rating by Boenning & Scattergood on Thursday, April 26. DA Davidson maintained the shares of UBSI in report on Friday, April 27 with “Neutral” rating. The stock has “Hold” rating by Sandler O’Neill on Thursday, January 4. The firm earned “Hold” rating on Tuesday, January 30 by Boenning & Scattergood. The firm earned “Hold” rating on Thursday, December 21 by Keefe Bruyette & Woods.

More news for United Bankshares, Inc. (NASDAQ:UBSI) were recently published by: Businesswire.com, which released: “United Bankshares, Inc. to Participate in DA Davidson 20” on May 07, 2018. Bizjournals.com‘s article titled: “John Marshall Bank hires a familiar face to serve as its new CEO” and published on May 02, 2018 is yet another important article.

United Bankshares, Inc. (NASDAQ:UBSI) Institutional Positions Chart

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