Union Bankshares (UBSH) Given Media Sentiment Score of 0.20
News coverage about Union Bankshares (NASDAQ:UBSH) has been trending somewhat positive on Monday, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Union Bankshares earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned media coverage about the financial services provider an impact score of 46.1087304019004 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the headlines that may have impacted Accern Sentiment’s analysis:
- Bank of New York Mellon Corp Acquires 245,262 Shares of Union Bankshares Corp (UBSH) (americanbankingnews.com)
- Union Bankshares Corp (UBSH) Short Interest Down 45.0% in February (americanbankingnews.com)
- Comparing United Financial Bancorp (UBNK) and Union Bankshares (UBSH) (americanbankingnews.com)
- Kennedy Capital Management Inc. Purchases 86,497 Shares of Union Bankshares Corp (UBSH) (americanbankingnews.com)
- Union Bankshares Corp (UBSH) Position Trimmed by Citadel Advisors LLC (americanbankingnews.com)
Several equities research analysts recently weighed in on the company. BidaskClub raised Union Bankshares from a “sell” rating to a “hold” rating in a research note on Thursday, January 11th. Sandler O’Neill set a $39.00 price target on Union Bankshares and gave the stock a “hold” rating in a research note on Thursday, January 4th. Zacks Investment Research raised Union Bankshares from a “hold” rating to a “buy” rating and set a $40.00 price target on the stock in a research note on Saturday, January 6th. Brean Capital reaffirmed a “hold” rating on shares of Union Bankshares in a research note on Tuesday, January 2nd. Finally, Merion Capital Group upped their price target on Union Bankshares from $45.00 to $47.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 24th. Five investment analysts have rated the stock with a hold rating, two have issued a buy rating and two have given a strong buy rating to the company. Union Bankshares presently has an average rating of “Buy” and an average price target of $41.80.
Union Bankshares (NASDAQ:UBSH) last released its earnings results on Tuesday, January 23rd. The financial services provider reported $0.52 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.51 by $0.01. Union Bankshares had a return on equity of 8.09% and a net margin of 18.15%. The business had revenue of $90.64 million for the quarter, compared to the consensus estimate of $91.35 million. analysts predict that Union Bankshares will post 2.51 EPS for the current year.
The business also recently announced a quarterly dividend, which was paid on Tuesday, February 20th. Shareholders of record on Tuesday, February 6th were issued a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 2.21%. The ex-dividend date of this dividend was Monday, February 5th. Union Bankshares’s dividend payout ratio (DPR) is 46.41%.
In related news, EVP John G. Jr. Stallings bought 1,373 shares of the company’s stock in a transaction on Thursday, December 14th. The shares were acquired at an average cost of $36.22 per share, with a total value of $49,730.06. Following the completion of the acquisition, the executive vice president now owns 9,582 shares of the company’s stock, valued at approximately $347,060.04. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 2.18% of the company’s stock.
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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.
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