Union First Market Bankshares Corp EVP John C. Neal Sells 4,000 Shares (UBSH)
Union First Market Bankshares Corp (NASDAQ:UBSH) EVP John C. Neal sold 4,000 shares of the company’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $24.75, for a total transaction of $99,000.00. Following the completion of the transaction, the executive vice president now directly owns 26,247 shares of the company’s stock, valued at approximately $649,613. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Union First Market Bankshares Corp (NASDAQ:UBSH) traded up 1.53% during mid-day trading on Monday, hitting $25.18. 68,160 shares of the company’s stock traded hands. Union First Market Bankshares Corp has a one year low of $17.60 and a one year high of $26.29. The stock’s 50-day moving average is $24.17 and its 200-day moving average is $23.89. The company has a market cap of $628.9 million and a P/E ratio of 17.97.
Union First Market Bankshares Corp (NASDAQ:UBSH) last issued its quarterly earnings data on Tuesday, January 28th. The company reported $0.32 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.35 by $0.03. On average, analysts predict that Union First Market Bankshares Corp will post $1.64 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, February 28th. Investors of record on Friday, February 14th will be paid a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 2.26%. The ex-dividend date is Wednesday, February 12th.
Separately, analysts at UBS AG upgraded shares of Union First Market Bankshares Corp from a “neutral” rating to an “outperform” rating in a research note on Thursday, January 30th. They now have a $26.40 price target on the stock. One analyst has rated the stock with a hold rating and two have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $25.77.
Union First Market Bankshares Corporation is a bank holding company. The Company offers financial services through its community bank subsidiary Union First Market Bank and three non-bank financial services affiliates.
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