Atlantic Union BanksharesAUB
Market Cap: 3.76B
About: Atlantic Union Bankshares Corp is a financial holding company and a bank holding company. Through its community bank subsidiary, the company provides financial services, including banking, trust, and wealth management. The bank is a full-service community bank offering consumers and businesses a wide range of banking and related financial services, including checking, savings, certificates of deposit, and other depository services, as well as loans for commercial, industrial, residential mortgage, and consumer purposes. The company operates through two reportable operating segments: Wholesale Banking and Consumer Banking, with corporate support functions such as corporate treasury and others included in Corporate Other.
Employees: 1,804
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
386% more call options, than puts
Call options by funds: $272K | Put options by funds: $56K
100% more funds holding in top 10
Funds holding in top 10: 0 [Q4 2023] → 1 (+1) [Q1 2024]
89% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 18
6% more funds holding
Funds holding: 249 [Q4 2023] → 265 (+16) [Q1 2024]
0.68% less ownership
Funds ownership: 78.6% [Q4 2023] → 77.92% (-0.68%) [Q1 2024]
4% less capital invested
Capital invested by funds: $2.15B [Q4 2023] → $2.07B (-$89M) [Q1 2024]
21% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 97
Research analyst outlook
3 Wall Street Analysts provided 1 year price forecasts over the past 6 months
3 analyst ratings
Piper Sandler Casey Orr Whitman | 9%downside $38 | Overweight Maintained | 29 Apr 2024 |
Stephens & Co. Russell Gunther | 5%downside $40 | Overweight Maintained | 24 Apr 2024 |
Keefe, Bruyette & Woods Catherine Mealor | 16%downside $35 | Market Perform Maintained | 24 Apr 2024 |
Financial journalist opinion
Based on 5 articles about AUB published over the past 30 days