Brean Capital Reaffirms Its Hold Rating on Union First Market Bankshares Corp (NASDAQ:UBSH) Shares Today

April 24, 2018 - By Clifton Ray

Union Bankshares Corporation (NASDAQ:UBSH) Logo

Investors sentiment increased to 1.6 in Q4 2017. Its up 0.55, from 1.05 in 2017Q3. It improved, as 7 investors sold Union Bankshares Corporation shares while 43 reduced holdings. 32 funds opened positions while 48 raised stakes. 30.13 million shares or 7.38% more from 28.06 million shares in 2017Q3 were reported.

Ftb reported 0% of its portfolio in Union Bankshares Corporation (NASDAQ:UBSH). 68,057 are held by California State Teachers Retirement Systems. Oak Associate Ltd Oh reported 15,185 shares. Us Retail Bank De invested in 4,263 shares or 0% of the stock. Geode Capital Mgmt Lc has 0.01% invested in Union Bankshares Corporation (NASDAQ:UBSH) for 496,304 shares. Moreover, Balyasny Asset Mgmt Ltd Llc has 0% invested in Union Bankshares Corporation (NASDAQ:UBSH) for 7,085 shares. Brandywine Global Limited Liability Com holds 0.02% or 100,399 shares. Tiaa Cref Management Limited Liability Corporation holds 198,864 shares or 0% of its portfolio. Martin And Tn reported 87,476 shares. Parametric Port Ltd Liability Corp invested in 0% or 76,496 shares. Dubuque Commercial Bank And Co stated it has 0.04% in Union Bankshares Corporation (NASDAQ:UBSH). 557,799 are owned by Inv Counselors Of Maryland Ltd Limited Liability Company. New York State Common Retirement Fund invested in 56,108 shares. Public Employees Retirement Association Of Colorado invested in 13,613 shares or 0% of the stock. Union Commercial Bank Corp holds 0.85% or 76,148 shares in its portfolio.

Since December 14, 2017, it had 1 buying transaction, and 1 sale for $1.22 million activity. BEALE G WILLIAM sold 32,064 shares worth $1.27M.

Union First Market Bankshares Corp (NASDAQ:UBSH) Rating Reaffirmed

This Morning, Monday morning, Union First Market Bankshares Corp (NASDAQ:UBSH)‘s Hold rating was kept by Analysts at Brean Capital in a research report.

Investors sentiment increased to 1.6 in Q4 2017. Its up 0.55, from 1.05 in 2017Q3. It improved, as 7 investors sold Union Bankshares Corporation shares while 43 reduced holdings. 32 funds opened positions while 48 raised stakes. 30.13 million shares or 7.38% more from 28.06 million shares in 2017Q3 were reported.

Ftb reported 0% of its portfolio in Union Bankshares Corporation (NASDAQ:UBSH). 68,057 are held by California State Teachers Retirement Systems. Oak Associate Ltd Oh reported 15,185 shares. Us Retail Bank De invested in 4,263 shares or 0% of the stock. Geode Capital Mgmt Lc has 0.01% invested in Union Bankshares Corporation (NASDAQ:UBSH) for 496,304 shares. Moreover, Balyasny Asset Mgmt Ltd Llc has 0% invested in Union Bankshares Corporation (NASDAQ:UBSH) for 7,085 shares. Brandywine Global Limited Liability Com holds 0.02% or 100,399 shares. Tiaa Cref Management Limited Liability Corporation holds 198,864 shares or 0% of its portfolio. Martin And Tn reported 87,476 shares. Parametric Port Ltd Liability Corp invested in 0% or 76,496 shares. Dubuque Commercial Bank And Co stated it has 0.04% in Union Bankshares Corporation (NASDAQ:UBSH). 557,799 are owned by Inv Counselors Of Maryland Ltd Limited Liability Company. New York State Common Retirement Fund invested in 56,108 shares. Public Employees Retirement Association Of Colorado invested in 13,613 shares or 0% of the stock. Union Commercial Bank Corp holds 0.85% or 76,148 shares in its portfolio.

Since December 14, 2017, it had 1 buying transaction, and 1 sale for $1.22 million activity. BEALE G WILLIAM sold 32,064 shares worth $1.27M.

Union Bankshares Corporation (NASDAQ:UBSH) Ratings Coverage

Among 6 analysts covering Union First Market Bankshares Corp (NASDAQ:UBSH), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Union First Market Bankshares Corp has $47 highest and $38.0 lowest target. $42.60’s average target is 13.30% above currents $37.6 stock price. Union First Market Bankshares Corp had 17 analyst reports since October 30, 2017 according to SRatingsIntel. Brean Capital maintained the stock with “Hold” rating in Monday, October 30 report. On Thursday, December 21 the stock rating was maintained by Keefe Bruyette & Woods with “Buy”. The company was maintained on Tuesday, January 2 by Brean Capital. The stock has “Hold” rating by Brean Capital on Friday, December 1. Merion Capital maintained Union Bankshares Corporation (NASDAQ:UBSH) on Wednesday, January 24 with “Outperform” rating. The company was maintained on Wednesday, January 10 by Robert W. Baird. The stock of Union Bankshares Corporation (NASDAQ:UBSH) earned “Buy” rating by Keefe Bruyette & Woods on Tuesday, December 12. The firm has “Hold” rating given on Wednesday, January 24 by Sandler O’Neill. The stock of Union Bankshares Corporation (NASDAQ:UBSH) earned “Hold” rating by Sandler O’Neill on Thursday, January 4. The rating was maintained by Brean Capital with “Hold” on Monday, January 29.

The stock increased 2.23% or $0.82 during the last trading session, reaching $37.6. About 283,962 shares traded. Union Bankshares Corporation (NASDAQ:UBSH) has risen 7.77% since April 24, 2017 and is uptrending. It has underperformed by 3.78% the S&P500.

Union Bankshares Corporation operates as the bank holding firm for Union Bank & Trust that provides banking and related financial services to clients and businesses. The company has market cap of $2.48 billion. The firm operates in two divisions, Community Bank and Mortgage. It has a 22.53 P/E ratio. It accepts various deposit products, including checking, savings, NOW, time deposit, and money market accounts, as well as certificates of deposit and other depository services.

Union Bankshares Corporation (NASDAQ:UBSH) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: