Media coverage about United Bankshares (NASDAQ:UBSI) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. United Bankshares earned a news sentiment score of 0.17 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 46.8722417056978 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Several analysts have issued reports on the company. BidaskClub upgraded United Bankshares from a “sell” rating to a “hold” rating in a report on Thursday, February 22nd. Zacks Investment Research cut United Bankshares from a “buy” rating to a “hold” rating in a report on Wednesday, February 21st. TheStreet upgraded United Bankshares from a “c+” rating to a “b-” rating in a report on Wednesday, February 21st. Finally, Sandler O’Neill set a $38.00 target price on United Bankshares and gave the company a “hold” rating in a report on Thursday, January 4th. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the stock. United Bankshares currently has a consensus rating of “Hold” and a consensus target price of $41.33.
Shares of United Bankshares stock traded down $0.30 during trading on Thursday, hitting $36.45. The stock had a trading volume of 102,237 shares, compared to its average volume of 703,302. United Bankshares has a twelve month low of $31.70 and a twelve month high of $42.85. The firm has a market cap of $3,881.29, a price-to-earnings ratio of 19.25, a PEG ratio of 1.85 and a beta of 1.05. The company has a current ratio of 1.04, a quick ratio of 1.02 and a debt-to-equity ratio of 0.47.
The company also recently announced a quarterly dividend, which will be paid on Monday, April 2nd. Investors of record on Friday, March 9th will be paid a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 3.73%. The ex-dividend date is Thursday, March 8th. United Bankshares’s payout ratio is 87.18%.
In other news, Director Peter A. Converse sold 22,500 shares of the stock in a transaction dated Wednesday, March 7th. The stock was sold at an average price of $37.74, for a total value of $849,150.00. Following the transaction, the director now owns 491,810 shares in the company, valued at approximately $18,560,909.40. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Michael P. Fitzgerald sold 27,000 shares of the firm’s stock in a transaction that occurred on Friday, February 2nd. The stock was sold at an average price of $37.05, for a total value of $1,000,350.00. The disclosure for this sale can be found here. In the last three months, insiders have sold 118,520 shares of company stock worth $4,405,311. 6.23% of the stock is owned by corporate insiders.
United Bankshares Company Profile
United Bankshares, Inc (United) is a bank holding company. The Company operates through community banking segment. United’s Banking Subsidiaries offer a range of commercial and retail banking services and products. United, through its subsidiaries, engages in community banking and offers banking products and services permitted by law and regulation.
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