Union Bankshares, Inc. (NASDAQ:UNB – Get Rating)’s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $28.10 and traded as low as $24.37. Union Bankshares shares last traded at $24.51, with a volume of 1,411 shares trading hands.
Union Bankshares Stock Down 1.8 %
The business’s fifty day moving average price is $25.93 and its 200 day moving average price is $28.04. The company has a quick ratio of 0.76, a current ratio of 0.77 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $99.43 million, a PE ratio of 8.00 and a beta of 0.77.
Union Bankshares (NASDAQ:UNB – Get Rating) last announced its earnings results on Wednesday, July 20th. The bank reported $0.65 EPS for the quarter. Union Bankshares had a net margin of 24.69% and a return on equity of 17.08%.
Union Bankshares Announces Dividend
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in UNB. Cardinal Capital Management grew its position in Union Bankshares by 19.3% during the first quarter. Cardinal Capital Management now owns 34,051 shares of the bank’s stock worth $1,047,000 after buying an additional 5,520 shares during the period. State Street Corp grew its position in Union Bankshares by 13.9% during the first quarter. State Street Corp now owns 8,445 shares of the bank’s stock worth $260,000 after buying an additional 1,033 shares during the period. Trust Co. of Vermont grew its position in Union Bankshares by 5.0% during the second quarter. Trust Co. of Vermont now owns 29,334 shares of the bank’s stock worth $767,000 after buying an additional 1,399 shares during the period. Finally, Millennium Management LLC grew its position in Union Bankshares by 8.5% during the second quarter. Millennium Management LLC now owns 7,763 shares of the bank’s stock worth $203,000 after buying an additional 610 shares during the period. 12.40% of the stock is owned by hedge funds and other institutional investors.
Union Bankshares Company Profile
Union Bankshares, Inc operates as the bank holding company for Union Bank that provides retail, commercial, and municipal banking products and services in northern Vermont and New Hampshire. It offers retail depository services, such as personal checking, savings, money market, IRA/SEP/KEOGH, and health savings accounts, as well as certificates of deposit.
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