United Community Banks (NASDAQ:UCB) Given New $33.00 Price Target at DA Davidson
2025-04-26T07:00:47Z
United Community Banks (NASDAQ:UCB – Free Report) had its price objective trimmed by DA Davidson from $38.00 to $33.00 in a research report report published on Wednesday,Benzinga reports. The brokerage currently has a buy rating on the stock. DA Davidson also…
United Community Banks (NASDAQ:UCB – Free Report) had its price objective trimmed by DA Davidson from $38.00 to $33.00 in a research report report published on Wednesday,Benzinga reports. The brokerage currently has a buy rating on the stock. DA Davidson also issued estimates for United Community Banks’ Q2 2025 earnings at $0.60 EPS.
A number of other equities analysts have also weighed in on the company. Stephens restated an “overweight” rating and issued a $36.00 target price on shares of United Community Banks in a research note on Wednesday. Hovde Group upgraded shares of United Community Banks from a “market perform” rating to an “outperform” rating and decreased their price objective for the stock from $32.00 to $31.00 in a research report on Monday, April 7th. Finally, Piper Sandler lifted their target price on shares of United Community Banks from $32.00 to $35.00 and gave the company a “neutral” rating in a research report on Thursday, January 23rd. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, United Community Banks currently has a consensus rating of “Moderate Buy” and an average target price of $33.33.
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United Community Banks Stock Down 0.3 %
United Community Banks Announces Dividend
Shares of NASDAQ:UCB opened at $27.23 on Wednesday. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.78 and a quick ratio of 0.78. United Community Banks has a one year low of $22.93 and a one year high of $35.38. The company has a market cap of $3.25 billion, a price-to-earnings ratio of 13.35 and a beta of 0.80. The firm has a fifty day moving average price of $27.83 and a two-hundred day moving average price of $30.51.
The company also recently disclosed a quarterly dividend, which was paid on Friday, April 4th. Stockholders of record on Friday, March 14th were given a dividend of $0.24 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.96 annualized dividend and a dividend yield of 3.53%. United Community Banks’s dividend payout ratio (DPR) is presently 45.50%.
Insider Buying and Selling
In other news, EVP Richard Bradshaw sold 1,527 shares of the firm’s stock in a transaction dated Monday, January 27th. The stock was sold at an average price of $32.72, for a total transaction of $49,963.44. Following the transaction, the executive vice president now directly owns 67,876 shares of the company’s stock, valued at approximately $2,220,902.72. This trade represents a 2.20 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Sally Pope Davis bought 1,800 shares of the stock in a transaction dated Tuesday, March 11th. The stock was bought at an average cost of $28.19 per share, with a total value of $50,742.00. Following the purchase, the director now owns 3,264 shares in the company, valued at $92,012.16. The trade was a 122.95 % increase in their position. The disclosure for this purchase can be found here. 0.54% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On United Community Banks
A number of large investors have recently bought and sold shares of UCB. Peregrine Capital Management LLC bought a new position in shares of United Community Banks in the first quarter worth approximately $5,634,000. New York State Teachers Retirement System purchased a new stake in United Community Banks during the 1st quarter valued at $2,897,000. Amalgamated Bank purchased a new stake in United Community Banks during the 1st quarter valued at $957,000. KBC Group NV purchased a new position in shares of United Community Banks in the first quarter valued at about $179,000. Finally, Oakworth Capital Inc. bought a new position in shares of United Community Banks during the first quarter valued at about $156,000. 82.29% of the stock is owned by hedge funds and other institutional investors.
United Community Banks Company Profile
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United Community Banks, Inc operates as the financial holding company for United Community Bank that provides financial products and services to commercial, retail, government, education, energy, health care, and real estate sectors. It accepts various deposit products, including checking, savings, money market, and other deposit accounts.
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