Union Bankshares Corp. (NASDAQ:UBSH) dropped 1.3% during mid-day trading on Monday . The company traded as low as $25.79 and last traded at $25.87, with a volume of 65,809 shares traded. The stock had previously closed at $26.22.

UBSH has been the subject of a number of recent analyst reports. Zacks Investment Research upgraded shares of Union Bankshares Corp. from a “sell” rating to a “hold” rating in a report on Wednesday, March 23rd. Raymond James Financial Inc. upgraded shares of Union Bankshares Corp. from a “market perform” rating to a “strong-buy” rating and set a $28.00 price target for the company in a report on Monday, March 28th. Robert W. Baird upped their price target on shares of Union Bankshares Corp. from $23.00 to $25.00 and gave the company a “neutral” rating in a report on Thursday, April 21st. Finally, Compass Point cut shares of Union Bankshares Corp. from a “buy” rating to a “neutral” rating and set a $29.00 price target for the company. in a report on Tuesday, May 24th. Four equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $27.17.

The firm’s 50 day moving average is $25.86 and its 200-day moving average is $24.62. The company has a market capitalization of $1.13 billion and a price-to-earnings ratio of 17.04.

Union Bankshares Corp. (NASDAQ:UBSH) last issued its quarterly earnings data on Wednesday, April 20th. The financial services provider reported $0.38 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $0.02. On average, equities analysts forecast that Union Bankshares Corp. will post $1.65 EPS for the current year.

Several large investors recently modified their holdings of the company. Dimensional Fund Advisors LP raised its stake in shares of Union Bankshares Corp. by 6.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,888,256 shares of the financial services provider’s stock worth $72,901,000 after buying an additional 177,150 shares during the last quarter. Matarin Capital Management LLC bought a new stake in shares of Union Bankshares Corp. during the fourth quarter worth approximately $1,787,000. First Trust Advisors LP raised its stake in shares of Union Bankshares Corp. by 92.4% in the fourth quarter. First Trust Advisors LP now owns 54,543 shares of the financial services provider’s stock worth $1,377,000 after buying an additional 26,197 shares during the last quarter. New York State Common Retirement Fund raised its stake in shares of Union Bankshares Corp. by 16.6% in the fourth quarter. New York State Common Retirement Fund now owns 58,652 shares of the financial services provider’s stock worth $1,480,000 after buying an additional 8,336 shares during the last quarter. Finally, Rhumbline Advisers raised its stake in shares of Union Bankshares Corp. by 3.0% in the fourth quarter. Rhumbline Advisers now owns 83,596 shares of the financial services provider’s stock worth $2,110,000 after buying an additional 2,410 shares during the last quarter.

Union Bankshares Corporation, formerly Union First Market Bankshares Corporation, is a financial holding company and a bank holding company. The Company offers financial services through its community bank subsidiary, Union Bank & Trust and three non-bank financial services affiliates. The Company’s non-bank financial services affiliates are Union Mortgage Group, Inc (UMG), Union Investment Services, Inc and Union Insurance Group, LLC.

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