Atlantic Union Bankshares Co. (NASDAQ:AUB) Shares Sold by Hantz Financial Services Inc.

Hantz Financial Services Inc. trimmed its holdings in shares of Atlantic Union Bankshares Co. (NASDAQ:AUB) by 3.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 26,791 shares of the company’s stock after selling 985 shares during the quarter. Hantz Financial Services Inc.’s holdings in Atlantic Union Bankshares were worth $1,015,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. R Squared Ltd purchased a new position in Atlantic Union Bankshares in the fourth quarter valued at $28,000. Nomura Asset Management Co. Ltd. grew its position in Atlantic Union Bankshares by 78.8% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 930 shares of the company’s stock worth $35,000 after purchasing an additional 410 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of Atlantic Union Bankshares by 88.6% in the third quarter. GAMMA Investing LLC now owns 1,041 shares of the company’s stock valued at $39,000 after purchasing an additional 489 shares during the period. UMB Bank n.a. raised its position in Atlantic Union Bankshares by 77.7% during the 3rd quarter. UMB Bank n.a. now owns 1,105 shares of the company’s stock worth $42,000 after buying an additional 483 shares during the last quarter. Finally, Quest Partners LLC acquired a new stake in Atlantic Union Bankshares in the third quarter valued at about $56,000. 78.58% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

AUB has been the topic of several research analyst reports. Hovde Group decreased their target price on shares of Atlantic Union Bankshares from $47.00 to $46.00 and set an “outperform” rating on the stock in a research report on Monday, January 27th. Piper Sandler assumed coverage on Atlantic Union Bankshares in a report on Monday, January 13th. They issued an “overweight” rating and a $51.00 price target for the company. Finally, Keefe, Bruyette & Woods reduced their price objective on shares of Atlantic Union Bankshares from $46.00 to $44.00 and set a “market perform” rating on the stock in a research note on Thursday. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, Atlantic Union Bankshares has an average rating of “Moderate Buy” and an average target price of $44.40.

Atlantic Union Bankshares Stock Performance

NASDAQ:AUB opened at $37.81 on Friday. The firm’s fifty day simple moving average is $38.99 and its 200 day simple moving average is $38.76. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.13. Atlantic Union Bankshares Co. has a twelve month low of $30.43 and a twelve month high of $44.54. The firm has a market capitalization of $3.39 billion, a price-to-earnings ratio of 16.51 and a beta of 0.93.

Atlantic Union Bankshares Company Profile

Atlantic Union Bankshares Corporation operates as the bank holding company for Atlantic Union Bank that provides banking and related financial products and services to consumers and businesses in the United States. It operates in two segments, Wholesale Banking and Consumer Banking. The company accepts various deposit products, including checking, savings, time deposit, and money market accounts; certificates of deposit; and other depository services.