Hantz Financial Services Inc. Reduces Position in Atlantic Union Bankshares Co. (NASDAQ:AUB)

Hantz Financial Services Inc. cut its stake in Atlantic Union Bankshares Co. (NASDAQ:AUB) by 3.5% during the 4th quarter, HoldingsChannel reports. The fund owned 26,791 shares of the company’s stock after selling 985 shares during the period. Hantz Financial Services Inc.’s holdings in Atlantic Union Bankshares were worth $1,015,000 as of its most recent SEC filing.

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

Atlantic Union Bankshares Stock Performance

AUB opened at $37.81 on Friday. The stock has a 50-day moving average of $38.99 and a 200-day moving average of $38.76. Atlantic Union Bankshares Co. has a 52-week low of $30.43 and a 52-week high of $44.54. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.91 and a current ratio of 0.91. The company has a market cap of $3.39 billion, a PE ratio of 16.51 and a beta of 0.93.

Wall Street Analysts Forecast Growth

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

Atlantic Union Bankshares 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.