On Jun 27, 2018 United Comm Banks (NASDAQ:UCBI) Downgraded By SunTrust From Buy.

June 27, 2018 - By Carey Conley

United Community Banks, Inc. (NASDAQ:UCBI) Corporate Logo

Big Money Sentiment increased to 1.73 in 2018 Q1. It has change of 0.63, from 2017Q4’s 1.1. The ratio is positive due to United Community Banks, Inc. positioning: 17 sold and 47 reduced. 41 funds bought positions and 70 increased positions. Investors holded 63.70 million in 2017Q4 but now own 68.38 million shares or 7.36% more.

Renaissance Ltd Liability Com owns 1.69 million shs. Aperio Group Inc Ltd Liability Corp holds 0% of its capital in United Community Banks, Inc. (NASDAQ:UCBI) for 15,071 shs. Zacks Invest Mgmt holds 0.1% of its capital in United Community Banks, Inc. (NASDAQ:UCBI) for 141,591 shs. Commonwealth Of Pennsylvania Public School Empls Retrmt has invested 0% in United Community Banks, Inc. (NASDAQ:UCBI). Raymond James And accumulated 21,852 shs or 0% of the stock. Bancshares Of Mellon Corp reported 1.94 million shs. Parametric Portfolio Associates Limited Liability has 185,598 shs for 0.01% of their capital. Amalgamated Bancorp stated it has 10,416 shs. Banc Funds Co Limited Company accumulated 179,022 shs. Bankshares Of Montreal Can owns 112,563 shs or 0% of their US capital. Segall Bryant & Hamill Ltd Liability Company invested 0.21% of its capital in United Community Banks, Inc. (NASDAQ:UCBI). Huntington Bancorp reported 1,429 shs or 0% of all its holdings. Advisory Service Ltd owns 150 shs. State Common Retirement Fund reported 104,412 shs. Miles Capital invested in 8,032 shs.

SunTrust Decreased United Comm Banks (NASDAQ:UCBI)’s Stock Rating to Hold.

On Tuesday, 26 June United Comm Banks (NASDAQ:UCBI)‘s rating was decreased from Buy to Hold. The change by SunTrust was issued in analysts report.

United Community Banks, Inc. (NASDAQ:UCBI) Ratings Coverage

In total 5 analysts cover United Community Banks (NASDAQ:UCBI). “Buy” rating has 3, “Sell” are 0, while 2 are “Hold”. 60% are bullish. 7 are the (NASDAQ:UCBI)’s analyst reports since January 8, 2018 according to StockzIntelligence Inc. On Thursday, January 25 the rating was upgraded by Keefe Bruyette & Woods to “Buy”. On Monday, January 8 the stock of United Community Banks, Inc. (NASDAQ:UCBI) earned “Buy” rating by SunTrust. On Thursday, January 25 Sandler O’Neill maintained United Community Banks, Inc. (NASDAQ:UCBI) rating. Sandler O’Neill has “Buy” rating and $35.0 target. On Tuesday, June 26 the stock of United Community Banks, Inc. (NASDAQ:UCBI) earned “Hold” rating by SunTrust. On Wednesday, January 24 the stock has “Hold” rating by Stephens. The company rating was maintained by Sandler O’Neill on Tuesday, January 9. On Thursday, January 25 the firm has “Outperform” rating by Wood given.

UCBI hit $31.8 during the last trading session after $0.58 change.United Community Banks, Inc. has 591,247 shares volume, 46.84% up from normal. UCBI is uptrending and has moved 22.96% since June 27, 2017. UCBI outperformed the S&P 500 by 10.39%.

United Community Banks, Inc. (NASDAQ:UCBI) is anticipated to report earnings on July, 25., according to Zacks. Analysts forecast $0.55 EPS, which is $0.14 up or 34.15 % from 2017’s $0.41 EPS. If UCBI’s EPS is $0.55 the profit will hit $43.52 million for 14.45 P/E. Last quarter $0.50 EPS was reported. Analysts sees 10.00 % EPS growth this quarter.

United Community Banks, Inc. operates as the bank holding firm for United Community Bank that provides retail and corporate banking services to individuals and businesses.The firm is worth $2.52 billion. It offers various deposit accounts, such as checking accounts, savings and time deposits accounts, NOW accounts, money market deposits, and certificates of deposit.The P/E ratio is 34.64. The firm also provides secured and unsecured loans that include commercial real estate, commercial and industrial, commercial construction, residential construction and mortgage, and indirect auto loans, as well as home equity lines of credits and fixed and adjustable-rate home mortgage loans.

A couple more United Community Banks, Inc. (NASDAQ:UCBI) news were brought out by: Globenewswire.com which released on June 26, 2018 “United Community Banks, Inc. Announces Date for Second Quarter 2018 Earnings Release and Conference Call”, also Nasdaq.com on June 20, 2018 brought out “United Community Banks, Inc. Appoints Two New Board Members, Lance F. Drummond and Jennifer Mann”, the next Benzinga.com is “Benzinga’s Top Upgrades, Downgrades For June 26, 2018” on June 26, 2018. Nasdaq.com has article titled “Research Report Identifies Synaptics, Ethan Allen Interiors, Urban Edge Properties, RPM International, Genomic …”.

United Community Banks, Inc. (NASDAQ:UCBI) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.