Boston Partners lessened its position in shares of United Community Banks, Inc. (NASDAQ:UCBI) by 19.1% in the fourth quarter, HoldingsChannel.com reports. The fund owned 169,380 shares of the financial services provider’s stock after selling 40,119 shares during the period. Boston Partners’ holdings in United Community Banks were worth $4,766,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently modified their holdings of the company. Voya Investment Management LLC raised its position in shares of United Community Banks by 25.9% in the second quarter. Voya Investment Management LLC now owns 28,800 shares of the financial services provider’s stock valued at $801,000 after buying an additional 5,928 shares in the last quarter. Principal Financial Group Inc. raised its position in shares of United Community Banks by 153.8% in the third quarter. Principal Financial Group Inc. now owns 1,396,237 shares of the financial services provider’s stock valued at $39,849,000 after buying an additional 846,122 shares in the last quarter. HighTower Advisors LLC acquired a new stake in shares of United Community Banks in the second quarter valued at approximately $328,000. ClariVest Asset Management LLC raised its position in shares of United Community Banks by 3.0% in the third quarter. ClariVest Asset Management LLC now owns 385,316 shares of the financial services provider’s stock valued at $10,998,000 after buying an additional 11,377 shares in the last quarter. Finally, OxFORD Asset Management LLP raised its position in shares of United Community Banks by 110.8% in the third quarter. OxFORD Asset Management LLP now owns 27,425 shares of the financial services provider’s stock valued at $785,000 after buying an additional 14,416 shares in the last quarter. Institutional investors own 83.14% of the company’s stock.

A number of research firms have recently weighed in on UCBI. BidaskClub upgraded shares of United Community Banks from a “hold” rating to a “buy” rating in a research report on Saturday. Keefe, Bruyette & Woods upgraded shares of United Community Banks from a “market perform” rating to an “outperform” rating in a research report on Thursday, January 25th. Zacks Investment Research downgraded shares of United Community Banks from a “buy” rating to a “hold” rating in a research report on Saturday, October 28th. Finally, ValuEngine downgraded shares of United Community Banks from a “buy” rating to a “hold” rating in a research report on Tuesday, November 14th. Three equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $31.00.

United Community Banks, Inc. (UCBI) opened at $30.38 on Tuesday. United Community Banks, Inc. has a 1 year low of $24.47 and a 1 year high of $32.71. The company has a market cap of $2,230.00, a P/E ratio of 33.76 and a beta of 0.91. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.81 and a current ratio of 0.81.

United Community Banks (NASDAQ:UCBI) last announced its quarterly earnings data on Tuesday, January 23rd. The financial services provider reported $0.42 EPS for the quarter, beating the consensus estimate of $0.41 by $0.01. United Community Banks had a net margin of 14.14% and a return on equity of 10.12%. The business had revenue of $118.24 million during the quarter, compared to the consensus estimate of $118.26 million. During the same period in the previous year, the business earned $0.40 earnings per share. The company’s revenue was up 11.4% on a year-over-year basis. equities research analysts anticipate that United Community Banks, Inc. will post 2.21 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 5th. Shareholders of record on Thursday, March 15th will be given a dividend of $0.12 per share. This is an increase from United Community Banks’s previous quarterly dividend of $0.10. This represents a $0.48 annualized dividend and a yield of 1.58%. The ex-dividend date of this dividend is Wednesday, March 14th. United Community Banks’s payout ratio is currently 44.44%.

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United Community Banks Profile

United Community Banks, Inc (United) is a bank holding company. United conducts its operations through a community-focused operating model of separate community banks, which, as of December 31, 2016, operated at 139 locations throughout the Atlanta-Sandy Springs-Roswell, Georgia, and Gainesville, Georgia metropolitan statistical areas, upstate and coastal South Carolina, north and coastal Georgia, western North Carolina, and east Tennessee.

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Institutional Ownership by Quarter for United Community Banks (NASDAQ:UCBI)

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