Media headlines about Union Bankshares (NASDAQ:UBSH) have been trending somewhat positive on Sunday, according to Accern. The research firm scores the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Union Bankshares earned a coverage optimism score of 0.19 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 45.7255518625835 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
A number of analysts have issued reports on UBSH shares. Zacks Investment Research cut shares of Union Bankshares from a “buy” rating to a “hold” rating in a research note on Wednesday. Brean Capital reiterated a “hold” rating on shares of Union Bankshares in a research note on Monday, February 5th. Merion Capital Group lifted their target price on shares of Union Bankshares from $45.00 to $47.00 and gave the company an “outperform” rating in a research note on Wednesday, January 24th. BidaskClub upgraded shares of Union Bankshares from a “sell” rating to a “hold” rating in a research note on Thursday, January 11th. Finally, Sandler O’Neill set a $39.00 target price on shares of Union Bankshares and gave the company a “hold” rating in a research note on Thursday, January 4th. Five investment analysts have rated the stock with a hold rating, two have issued a buy rating and two have issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $41.80.
Shares of Union Bankshares (UBSH) opened at $38.29 on Friday. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.94 and a quick ratio of 0.94. The stock has a market cap of $2,500.80, a P/E ratio of 22.93 and a beta of 1.21. Union Bankshares has a one year low of $29.50 and a one year high of $39.37.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 20th. Stockholders of record on Tuesday, February 6th will be paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.19%. The ex-dividend date of this dividend is Monday, February 5th. Union Bankshares’s payout ratio is 50.30%.
In other news, EVP John G. Jr. Stallings acquired 1,373 shares of Union Bankshares stock in a transaction dated Thursday, December 14th. The stock was acquired at an average cost of $36.22 per share, for a total transaction of $49,730.06. Following the completion of the purchase, the executive vice president now owns 9,582 shares of the company’s stock, valued at $347,060.04. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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.
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