Is there a Bearish outlook for United Community Banks, Inc. (NASDAQ:UCBI) this week?

May 27, 2018 - By Winifred Garcia

United Community Banks, Inc. (NASDAQ:UCBI) LogoInvestors sentiment decreased to 1.1 in Q4 2017. Its down 0.57, from 1.67 in 2017Q3. It turned negative, as 18 investors sold United Community Banks, Inc. shares while 59 reduced holdings. 26 funds opened positions while 59 raised stakes. 63.70 million shares or 0.69% less from 64.14 million shares in 2017Q3 were reported.
Virginia Retirement Et Al has 0.02% invested in United Community Banks, Inc. (NASDAQ:UCBI). Ngam Advsrs L P reported 158,913 shares stake. California Employees Retirement Systems invested in 110,048 shares. 128,599 were reported by D E Shaw And. Georgia-based Advisory Svcs Ltd Liability Corp has invested 0% in United Community Banks, Inc. (NASDAQ:UCBI). Trexquant Inv L P has 15,725 shares for 0.05% of their portfolio. Texas Permanent School Fund has invested 0.02% in United Community Banks, Inc. (NASDAQ:UCBI). Cipher Cap L P holds 76,732 shares. Fny Managed Accounts Ltd Llc accumulated 0.04% or 1,409 shares. Great West Life Assurance Can reported 93,886 shares. 69,359 are held by Martingale Asset Management Limited Partnership. Pinnacle Hldg Ltd Llc owns 0% invested in United Community Banks, Inc. (NASDAQ:UCBI) for 220 shares. Verition Fund Mngmt Ltd Com has 0.03% invested in United Community Banks, Inc. (NASDAQ:UCBI). Ls Investment Advsr reported 2,088 shares. The New York-based Metropolitan Life Insur New York has invested 0.01% in United Community Banks, Inc. (NASDAQ:UCBI).

United Community Banks, Inc. (NASDAQ:UCBI) Ratings Coverage

Among 5 analysts covering United Community Banks (NASDAQ:UCBI), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. United Community Banks had 8 analyst reports since November 28, 2017 according to SRatingsIntel. The rating was maintained by Sandler O’Neill with “Buy” on Tuesday, January 9. The firm has “Buy” rating given on Thursday, January 25 by Sandler O’Neill. Stephens maintained United Community Banks, Inc. (NASDAQ:UCBI) on Wednesday, January 24 with “Hold” rating. SunTrust maintained United Community Banks, Inc. (NASDAQ:UCBI) on Tuesday, November 28 with “Buy” rating. The firm has “Hold” rating given on Thursday, December 21 by Keefe Bruyette & Woods. The rating was upgraded by Wood to “Outperform” on Thursday, January 25. The stock has “Buy” rating by SunTrust on Monday, January 8. The rating was upgraded by Keefe Bruyette & Woods on Thursday, January 25 to “Buy”. Below is a list of United Community Banks, Inc. (NASDAQ:UCBI) latest ratings and price target changes.

25/01/2018 Broker: Sandler O’Neill Rating: Buy New Target: $35.0 Maintain
25/01/2018 Broker: Keefe Bruyette & Woods Rating: Buy Upgrade
24/01/2018 Broker: Stephens Rating: Hold New Target: $34.0 Maintain
25/01/2018 Broker: Wood Old Rating: Market Perform New Rating: Outperform Upgrade
09/01/2018 Broker: Sandler O’Neill Rating: Buy New Target: $34.0 Maintain
08/01/2018 Broker: SunTrust Rating: Buy New Target: $41.0 Maintain
21/12/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $32.0 Maintain
28/11/2017 Broker: SunTrust Rating: Buy New Target: $35.0 Maintain

The stock decreased 0.45% or $0.15 during the last trading session, reaching $33.04. About 445,886 shares traded or 2.73% up from the average. United Community Banks, Inc. (NASDAQ:UCBI) has risen 17.47% since May 27, 2017 and is uptrending. It has outperformed by 5.92% the S&P500.

United Community Banks, Inc. operates as the bank holding firm for United Community Bank that provides retail and corporate banking services to individuals and businesses. The company has market cap of $2.61 billion. It offers various deposit accounts, such as checking accounts, savings and time deposits accounts, NOW accounts, money market deposits, and certificates of deposit. It has a 35.99 P/E ratio. The firm also provides secured and unsecured loans that include commercial real estate, commercial and industrial, commercial construction, residential construction and mortgage, consumer installment, and indirect auto loans, as well as home equity lines of credits and fixed and adjustable-rate home mortgage loans.

More news for United Community Banks, Inc. (NASDAQ:UCBI) were recently published by: Nasdaq.com, which released: “United Community Banks, Inc. Announces Quarterly Cash Dividend Increase” on May 11, 2018. Seekingalpha.com‘s article titled: “KS Bancorp: Shareholders Should Reject The Proposal Of Conversion To Delaware Corporation And Pressure The …” and published on May 16, 2018 is yet another important article.

United Community Banks, Inc. (NASDAQ:UCBI) Institutional Positions Chart

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