Union Bankshares (UBSH) Getting Somewhat Favorable Press Coverage, Report Shows

News stories about Union Bankshares (NASDAQ:UBSH) have trended somewhat positive recently, according to Accern. The research group identifies positive and negative news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Union Bankshares earned a news impact score of 0.17 on Accern’s scale. Accern also gave press coverage about the financial services provider an impact score of 45.9576647127739 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Several research analysts recently issued reports on UBSH shares. Brean Capital reaffirmed a “hold” rating on shares of Union Bankshares in a research report on Monday, February 5th. Zacks Investment Research raised Union Bankshares from a “hold” rating to a “strong-buy” rating and set a $44.00 target price on the stock in a research report on Saturday, January 13th. Sandler O’Neill set a $39.00 target price on Union Bankshares and gave the company a “hold” rating in a research report on Thursday, January 4th. BidaskClub cut Union Bankshares from a “hold” rating to a “sell” rating in a research report on Wednesday, January 3rd. Finally, Merion Capital Group lifted their target price on Union Bankshares from $45.00 to $47.00 and gave the company an “outperform” rating in a research report on Wednesday, January 24th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the company. Union Bankshares currently has an average rating of “Buy” and a consensus price target of $41.80.

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Union Bankshares stock opened at $36.31 on Friday. The stock has a market capitalization of $2,492.90, a P/E ratio of 21.74 and a beta of 1.17. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.41. Union Bankshares has a 1 year low of $29.50 and a 1 year high of $39.80.

Union Bankshares (NASDAQ:UBSH) last announced its earnings results on Tuesday, January 23rd. The financial services provider reported $0.52 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.51 by $0.01. The company had revenue of $90.64 million for the quarter, compared to analysts’ expectations of $91.35 million. Union Bankshares had a return on equity of 8.09% and a net margin of 18.15%. research analysts forecast that Union Bankshares will post 2.51 EPS for the current year.

In other Union Bankshares news, Director G William Beale sold 32,064 shares of the business’s stock in a transaction on Tuesday, March 13th. The stock was sold at an average price of $39.67, for a total value of $1,271,978.88. Following the transaction, the director now owns 84,333 shares of the company’s stock, valued at $3,345,490.11. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 2.18% of the stock is currently owned by insiders.

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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.

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

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