United Bankshares (NASDAQ:UBSI - Get Free Report) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating in a report issued on Friday.

UBSI has been the subject of a number of other reports. Stephens increased their price target on United Bankshares from $36.00 to $39.00 and gave the stock an "equal weight" rating in a report on Friday, July 26th. Keefe, Bruyette & Woods raised their target price on United Bankshares from $38.00 to $40.00 and gave the company a "market perform" rating in a research note on Friday, July 26th. Finally, DA Davidson raised their target price on United Bankshares from $36.00 to $41.00 and gave the company a "neutral" rating in a research note on Friday, July 26th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $40.25.

Check Out Our Latest Analysis on United Bankshares

United Bankshares stock traded down $0.10 during trading hours on Friday, reaching $37.09. 443,381 shares of the company's stock were exchanged, compared to its average volume of 518,065. The company has a quick ratio of 0.99, a current ratio of 1.00 and a debt-to-equity ratio of 0.31. The firm's 50 day simple moving average is $37.20 and its 200 day simple moving average is $35.04. United Bankshares has a twelve month low of $27.21 and a twelve month high of $39.93. The firm has a market capitalization of $5.01 billion, a PE ratio of 14.16 and a beta of 0.99.

United Bankshares (NASDAQ:UBSI - Get Free Report) last issued its quarterly earnings results on Thursday, October 24th. The financial services provider reported $0.70 earnings per share for the quarter, topping analysts' consensus estimates of $0.67 by $0.03. United Bankshares had a return on equity of 7.72% and a net margin of 22.44%. The firm had revenue of $414.67 million during the quarter, compared to the consensus estimate of $260.30 million. During the same period last year, the business posted $0.71 EPS. Research analysts predict that United Bankshares will post 2.7 earnings per share for the current year.

Large investors have recently added to or reduced their stakes in the business. Vaughan Nelson Investment Management L.P. lifted its position in shares of United Bankshares by 14.8% during the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 1,311,291 shares of the financial services provider's stock worth $46,931,000 after buying an additional 169,200 shares in the last quarter. SG Americas Securities LLC raised its holdings in shares of United Bankshares by 218.2% in the 2nd quarter. SG Americas Securities LLC now owns 29,676 shares of the financial services provider's stock worth $963,000 after purchasing an additional 20,350 shares during the period. BNP Paribas Financial Markets raised its holdings in shares of United Bankshares by 77.8% in the 1st quarter. BNP Paribas Financial Markets now owns 69,932 shares of the financial services provider's stock worth $2,503,000 after purchasing an additional 30,590 shares during the period. State Board of Administration of Florida Retirement System raised its holdings in shares of United Bankshares by 37.7% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 51,455 shares of the financial services provider's stock worth $1,811,000 after purchasing an additional 14,080 shares during the period. Finally, Ontario Teachers Pension Plan Board bought a new stake in shares of United Bankshares in the 1st quarter worth approximately $901,000. Institutional investors own 70.80% of the company's stock.

United Bankshares, Inc, through its subsidiaries, primarily provides commercial and retail banking products and services in the United States. It operates through two segments, Community Banking and Mortgage Banking. The company accepts checking, savings, and time and money market accounts; individual retirement accounts; and demand deposits, statement and special savings, and NOW accounts.

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