News headlines about United Bankshares (NASDAQ:UBSI) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. United Bankshares earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave news headlines about the financial services provider an impact score of 46.8722417056978 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the news headlines that may have effected Accern’s analysis:
- Swiss National Bank Acquires 3,300 Shares of United Bankshares, Inc. (UBSI) (americanbankingnews.com)
- United Bankshares, Inc. (UBSI) Shares Sold by Staley Capital Advisers Inc. (americanbankingnews.com)
- United Bankshares, Inc. (UBSI) Plans Quarterly Dividend of $0.34 (americanbankingnews.com)
- United Bankshares Declares First Quarter Dividend (finance.yahoo.com)
- United Bankshares, Inc. (UBSI) Shares Bought by The Manufacturers Life Insurance Company (americanbankingnews.com)
A number of research firms recently weighed in on UBSI. TheStreet upgraded shares of United Bankshares from a “c+” rating to a “b-” rating in a research note on Wednesday, February 21st. BidaskClub upgraded shares of United Bankshares from a “sell” rating to a “hold” rating in a research note on Thursday, February 22nd. Zacks Investment Research cut shares of United Bankshares from a “buy” rating to a “hold” rating in a research note on Wednesday, February 21st. Finally, Sandler O’Neill set a $38.00 target price on shares of United Bankshares and gave the company a “hold” rating in a research note on Thursday, January 4th. Seven equities research analysts have rated the stock with a hold rating, United Bankshares presently has an average rating of “Hold” and a consensus target price of $42.25.
United Bankshares (NASDAQ:UBSI) last announced its quarterly earnings results on Tuesday, January 30th. The financial services provider reported $0.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.52 by $0.01. The company had revenue of $187.62 million for the quarter, compared to the consensus estimate of $182.94 million. United Bankshares had a net margin of 19.93% and a return on equity of 6.28%. During the same period in the previous year, the firm posted $0.51 EPS. equities analysts anticipate that United Bankshares will post 2.49 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Monday, April 2nd. Shareholders of record on Friday, March 9th will be issued a $0.34 dividend. The ex-dividend date is Thursday, March 8th. This represents a $1.36 dividend on an annualized basis and a yield of 3.73%. United Bankshares’s dividend payout ratio is currently 87.18%.
In other news, Director Peter A. Converse sold 69,020 shares of the business’s stock in a transaction dated Friday, February 16th. The shares were sold at an average price of $37.03, for a total value of $2,555,810.60. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Michael P. Fitzgerald sold 27,000 shares of the business’s stock in a transaction dated Friday, February 2nd. The stock was sold at an average price of $37.05, for a total transaction of $1,000,350.00. The disclosure for this sale can be found here. Insiders own 6.23% of the company’s stock.
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United Bankshares Company Profile
United Bankshares, Inc (United) is a bank holding company. The Company operates through community banking segment. United’s Banking Subsidiaries offer a range of commercial and retail banking services and products. United, through its subsidiaries, engages in community banking and offers banking products and services permitted by law and regulation.
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