November 18, 2016 - By Ellis Scott · 0 Comments
Union Bankshares Inc (NASDAQ:UNB) institutional sentiment decreased to 1.7 in Q2 2016. Its down -2.63, from 4.33 in 2016Q1. The ratio is negative, as 26 investment managers increased and started new stock positions, while 6 sold and decreased stakes in Union Bankshares Inc. The investment managers in our partner’s database reported: 856,582 shares, up from 195,124 shares in 2016Q1. Also, the number of investment managers holding Union Bankshares Inc in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 4 Increased: 8 New Position: 18.
Union Bankshares, Inc. is a one-bank holding firm whose subsidiary is Union Bank . The company has a market cap of $189.87 million. The Company’s business is that of a community bank in the financial services industry. It has a 22.64 P/E ratio. The Firm operates through Union Bank segment, which provides retail, commercial, municipal banking, and asset management and trust services throughout its approximately 20 banking offices, over two loan centers, and a range of automated teller machines (ATMs) covering northern Vermont and New Hampshire.
About 593 shares traded hands. Union Bankshares, Inc. (NASDAQ:UNB) has risen 45.00% since April 18, 2016 and is uptrending. It has outperformed by 40.57% the S&P500.
According to Zacks Investment Research, “Union Bankshares is a two-bank holding company whose subsidiaries are Citizens Savings Bank & Trust Company and Union Bank. Citizens offers a full line of personal trust services to its customers. Union competes through Citizens for personal trust business with trust companies, commercial banks having trust departments, investment advisory firms, brokerage firms, mutual funds and insurance companies.”
Spears Abacus Advisors Llc holds 0.29% of its portfolio in Union Bankshares, Inc. for 62,160 shares. Cardinal Capital Management owns 13,058 shares or 0.19% of their US portfolio. Moreover, Trust Co Of Vermont has 0.14% invested in the company for 28,215 shares. The Vermont-based Clean Yield Group has invested 0.01% in the stock. American International Group Inc, a New York-based fund reported 2,238 shares.#img1#
Union Bankshares, Inc., incorporated on April 20, 1982, is a one-bank holding firm whose subsidiary is Union Bank (Union or the Bank). The Company’s business is that of a community bank in the financial services industry. The Firm operates through Union Bank segment, which provides retail, commercial, municipal banking, and asset management and trust services throughout its approximately 20 banking offices, over two loan centers, and a range of automated teller machines (ATMs) covering northern Vermont and New Hampshire. It also provides a range of services through the telephone, mobile devices and through its Website, www.ublocal.com. The Bank provides retail banking services to individuals and commercial banking services to small and medium sized firms, partnerships, and sole proprietorships, as well as nonprofit organizations, local municipalities and school districts within its market area. It also offers fiduciary and asset management services through its Asset Management Group.
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By Ellis Scott