Headlines about United Bankshares (NASDAQ:UBSI) have been trending somewhat positive this week, Accern reports. Accern ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. United Bankshares earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 45.0836773185481 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the news articles that may have impacted Accern’s rankings:
- United Bankshares (UBSI) Rating Lowered to Sell at Zacks Investment Research (americanbankingnews.com)
- United Bankshares, Inc. (UBSI) to Post Q1 2018 Earnings of $0.60 Per Share, Boenning Scattergood Forecasts (americanbankingnews.com)
- Equities Analysts Issue Forecasts for United Bankshares, Inc.’s Q2 2018 Earnings (UBSI) (americanbankingnews.com)
- Zacks: Brokerages Anticipate United Bankshares, Inc. (UBSI) Will Announce Quarterly Sales of $180.57 Million (americanbankingnews.com)
NASDAQ UBSI opened at $35.05 on Friday. The company has a quick ratio of 1.02, a current ratio of 1.04 and a debt-to-equity ratio of 0.47. The firm has a market cap of $3,658.94, a P/E ratio of 18.45, a PEG ratio of 1.76 and a beta of 1.02. United Bankshares has a 1 year low of $31.70 and a 1 year high of $42.40.
The company also recently disclosed a quarterly dividend, which was paid on Monday, April 2nd. Investors of record on Friday, March 9th were issued a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 3.88%. The ex-dividend date was Thursday, March 8th. United Bankshares’s dividend payout ratio is currently 71.58%.
Several research firms have commented on UBSI. Zacks Investment Research downgraded shares of United Bankshares from a “hold” rating to a “sell” rating in a research report on Thursday. BidaskClub downgraded shares of United Bankshares from a “hold” rating to a “sell” rating in a research report on Wednesday, March 28th. Sandler O’Neill set a $38.00 target price on shares of United Bankshares and gave the stock a “hold” rating in a research report on Thursday, January 4th. Finally, TheStreet raised shares of United Bankshares from a “c+” rating to a “b-” rating in a research report on Wednesday, February 21st. Two equities research analysts have rated the stock with a sell rating and two have given a hold rating to the company’s stock. United Bankshares has an average rating of “Hold” and a consensus target price of $40.00.
In related news, Director Peter A. Converse sold 69,020 shares of the company’s stock in a transaction on Friday, February 16th. The shares were sold at an average price of $37.03, for a total transaction of $2,555,810.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Michael P. Fitzgerald sold 27,000 shares of the company’s stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $37.05, for a total transaction of $1,000,350.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 118,520 shares of company stock valued at $4,405,311. 6.23% of the stock is owned by insiders.
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About United Bankshares
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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