SunTrust Robinson Humphrey Downgraded United Community Banks (NASDAQ:UCBI)’s Rating.

June 27, 2018 - By Joshua Cleveland

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

During 2018 Q1 the big money sentiment increased to 1.73. That’s change of 0.63, from 2017Q4’s 1.1. 17 investors sold all, 47 reduced holdings as United Community Banks, Inc. ratio increased. 70 increased positions while 41 funds amassed positions. Funds hold 68.38 million shares thus 7.36% more from 2017Q4’s 63.70 million shares.

Etrade Capital Management Limited Liability Company holds 0.04% or 39,110 shs in its capital. 462,401 are held by Kennedy Cap Mngmt. Maltese Cap Mgmt Ltd Liability stated it has 0.97% in United Community Banks, Inc. (NASDAQ:UCBI). Amalgamated Bankshares has invested 0.01% in United Community Banks, Inc. (NASDAQ:UCBI). Fmr Lc accumulated 1.77 million shs. Virginia Retirement Et Al reported 45,100 shs or 0.02% of all its holdings. Bancorporation Of Montreal Can has invested 0% in United Community Banks, Inc. (NASDAQ:UCBI). Gamco Invsts Et Al stated it has 0% in United Community Banks, Inc. (NASDAQ:UCBI). Great West Life Assurance Co Can has invested 0.01% in United Community Banks, Inc. (NASDAQ:UCBI). 661,068 are owned by Geode Mgmt Llc. Tiaa Cref Investment Ltd Company invested in 0.01% or 484,015 shs. Pier Cap Limited Liability Company stated it has 268,693 shs or 1.45% of all its holdings. Advisory Services Networks Llc owns 150 shs or 0% of their US capital. Lpl Llc holds 12,293 shs. Teachers Retirement Of The State Of Kentucky has 24,397 shs for 0.01% of their capital.

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

United Community Banks (NASDAQ:UCBI) has rating changed from Buy to Hold by SunTrust Robinson Humphrey. The cut was announced on 26 June.

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. 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. On Monday, January 8 the rating was maintained by SunTrust with “Buy”. In Tuesday, June 26 report SunTrust downgraded the stock to “Hold” rating. On Thursday, January 25 the stock of United Community Banks, Inc. (NASDAQ:UCBI) earned “Buy” rating by Keefe Bruyette & Woods. On Wednesday, January 24 the rating was maintained by Stephens with “Hold”. The stock rating was maintained by Sandler O’Neill with “Buy” on Thursday, January 25.

At traded at $31.8 lastly.Since June 27, 2017 it’s 22.96% down thus uptrending. UCBI outperformed the S&P 500 by 10.39%.

United Community Banks, Inc. (NASDAQ:UCBI)’s earnings report is anticipated on July, 25., RTT reports. Analysts expect change of 34.15 % or $0.14 from previous year’s $0.41 EPS compared to current’s $0.55 EPS. If EPS of $0.55 is revealed the profit of UCBI could hit $43.52 million giving it 14.45 P/E. After $0.50 EPS report last quarter, Wall Street now predicts 10.00 % EPS growth of United Community Banks, Inc..

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.34.64 is the P/E ratio. 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 released by: Benzinga.com which released on June 26, 2018 “Benzinga’s Top Upgrades, Downgrades For June 26, 2018”, also Nasdaq.com on June 19, 2018 released “Research Report Identifies Synaptics, Ethan Allen Interiors, Urban Edge Properties, RPM International, Genomic …”, the next Nasdaq.com is “United Community Banks, Inc. Appoints Two New Board Members, Lance F. Drummond and Jennifer Mann” on June 20, 2018. Globenewswire.com has article titled “United Community Banks, Inc. Announces Date for Second Quarter 2018 Earnings Release and Conference Call”.

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

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