Media coverage about Union Bankshares (NASDAQ:UBSH) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Union Bankshares earned a coverage optimism score of 0.13 on Accern’s scale. Accern also assigned media coverage about the financial services provider an impact score of 46.1477499446852 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
A number of research analysts recently issued reports on the stock. BidaskClub upgraded shares of Union Bankshares from a “sell” rating to a “hold” rating in a research note on Thursday, January 11th. Zacks Investment Research lowered shares of Union Bankshares from a “hold” rating to a “sell” rating in a research note on Wednesday. Brean Capital reiterated a “hold” rating on shares of Union Bankshares in a research note on Tuesday, January 2nd. 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. Finally, Merion Capital Group raised 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. One research analyst has rated the stock with a sell rating, four have issued a hold rating, two have assigned a buy rating and two have issued a strong buy rating to the stock. Union Bankshares has an average rating of “Buy” and an average target price of $41.80.
Shares of Union Bankshares (NASDAQ:UBSH) opened at $39.27 on Thursday. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.41. Union Bankshares has a 1-year low of $29.50 and a 1-year high of $39.77. The firm has a market cap of $2,571.21, a price-to-earnings ratio of 23.51 and a beta of 1.17.
The business also recently declared 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 dividend on an annualized basis and a yield of 2.14%. The ex-dividend date was Monday, February 5th. Union Bankshares’s dividend payout ratio (DPR) is presently 50.30%.
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About Union Bankshares
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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