Atlantic Union Bankshares Corp (NYSE: AUB) is 0.77% higher on its value in year-to-date trading and has touched a low of $22.85 and a high of $44.54 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The AUB stock was last observed hovering at around $31.43 in the last trading session, with the day’s loss setting it -29.48%.
Currently trading at $1.95M, the stock is 1.92% and 6.19% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.05 million and changing 4054113% at the moment leaves the stock -10.56% off its SMA200. AUB registered -17.45% loss for a year compared to 6-month loss of -17.62%. The firm has a 50-day simple moving average (SMA 50) of $29.4466 and a 200-day simple moving average (SMA200) of $34.9639.
The stock witnessed a 4.90% gain in the last 1 month and extending the period to 3 months gives it a -1.29%, and is 4.72% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.53% over the week and 2.35% over the month.
Atlantic Union Bankshares Corp (AUB) has around 2125 employees, a market worth around $4.45B and $1.39B in sales. Current P/E ratio is 14.32 and Fwd P/E is 8.18. Profit margin for the company is 14.17%. Distance from 52-week low is 36.85% and -29.79% from its 52-week high. The company has generated returns on investments over the last 12 months (5.38%).
The EPS is expected to grow by 10.11% this year.
Atlantic Union Bankshares Corp (AUB) Top Institutional Holders
447.0 institutions hold shares in Atlantic Union Bankshares Corp (AUB), with institutional investors hold 65.49% of the company’s shares. The shares outstanding are 142.47M, and float is at 141.16M with Short Float at 4.41%. Institutions hold 64.92% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 13.08 million shares valued at $429.6 million. The investor’s holdings represent 14.5682% of the AUB Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 10.92 million shares valued at $358.8 million to account for 12.1672 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 5.68 million shares representing 6.3288% and valued at over $186.63 million, while STATE STREET CORP holds 4.8591 of the shares totaling 4.36 million with a market value of $143.29 million.
