United Bankshares (UBSI) Earns Daily Media Impact Rating of 0.56

Media coverage about United Bankshares (NASDAQ:UBSI) has been trending very positive recently, according to Accern Sentiment. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. United Bankshares earned a media sentiment score of 0.56 on Accern’s scale. Accern also gave news headlines about the financial services provider an impact score of 0 out of 100, indicating that recent media coverage is extremely unlikely to have an effect on the company’s share price in the next several days.

Here are some of the headlines that may have impacted Accern’s analysis:

Shares of United Bankshares (UBSI) opened at 38.30 on Monday. The stock has a market cap of $4.02 billion, a PE ratio of 19.45 and a beta of 1.07. United Bankshares has a 12-month low of $36.53 and a 12-month high of $49.35. The firm has a 50-day moving average price of $39.06 and a 200 day moving average price of $42.38.

United Bankshares (NASDAQ:UBSI) last issued its quarterly earnings data on Thursday, April 27th. The financial services provider reported $0.48 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.48. The business had revenue of $127.77 million for the quarter, compared to analyst estimates of $127.70 million. United Bankshares had a return on equity of 7.09% and a net margin of 27.17%. During the same quarter in the prior year, the firm posted $0.50 EPS. Equities research analysts predict that United Bankshares will post $2.07 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 3rd. Stockholders of record on Friday, June 9th were issued a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 3.45%. The ex-dividend date was Wednesday, June 7th. United Bankshares’s dividend payout ratio is 67.01%.

Several analysts have commented on the company. Keefe, Bruyette & Woods set a $44.00 price target on United Bankshares and gave the company a “hold” rating in a report on Thursday, April 6th. BidaskClub upgraded United Bankshares from a “sell” rating to a “hold” rating in a report on Saturday, June 10th. Zacks Investment Research cut United Bankshares from a “buy” rating to a “hold” rating in a report on Thursday, April 6th. Finally, Boenning Scattergood upgraded United Bankshares from an “underperform” rating to a “neutral” rating in a report on Thursday, May 18th. One investment analyst has rated the stock with a sell rating and five have issued a hold rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $42.63.

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In other United Bankshares news, Director Michael P. Fitzgerald sold 13,100 shares of the firm’s stock in a transaction that occurred on Friday, May 12th. The stock was sold at an average price of $38.28, for a total value of $501,468.00. Following the sale, the director now owns 245,273 shares of the company’s stock, valued at approximately $9,389,050.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Michael P. Fitzgerald sold 13,038 shares of the firm’s stock in a transaction that occurred on Friday, June 9th. The shares were sold at an average price of $40.04, for a total value of $522,041.52. Following the completion of the sale, the director now directly owns 12,738 shares in the company, valued at approximately $510,029.52. The disclosure for this sale can be found here. In the last three months, insiders have sold 27,321 shares of company stock worth $1,070,486. 7.50% of the stock is currently owned by insiders.

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.

Insider Buying and Selling by Quarter for United Bankshares (NASDAQ:UBSI)

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