Savant Capital LLC Has $228,000 Stock Holdings in Atlantic Union Bankshares Co. (NASDAQ:AUB)

Savant Capital LLC grew its position in Atlantic Union Bankshares Co. (NASDAQ:AUB) by 10.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,018 shares of the company’s stock after purchasing an additional 557 shares during the period. Savant Capital LLC’s holdings in Atlantic Union Bankshares were worth $228,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of AUB. R Squared Ltd bought a new stake in shares of Atlantic Union Bankshares during the fourth quarter worth $28,000. Nomura Asset Management Co. Ltd. increased its position 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 worth $35,000 after acquiring an additional 410 shares in the last quarter. GAMMA Investing LLC increased its position in shares of Atlantic Union Bankshares by 27.3% during the fourth quarter. GAMMA Investing LLC now owns 1,325 shares of the company’s stock worth $50,000 after acquiring an additional 284 shares in the last quarter. Quest Partners LLC bought a new stake in shares of Atlantic Union Bankshares during the third quarter worth $56,000. Finally, Blue Trust Inc. grew its position in Atlantic Union Bankshares by 110.2% in the third quarter. Blue Trust Inc. now owns 2,089 shares of the company’s stock valued at $79,000 after purchasing an additional 1,095 shares in the last quarter. 78.58% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on AUB shares. Piper Sandler started coverage on shares of Atlantic Union Bankshares in a research report on Monday, January 13th. They issued an “overweight” rating and a $51.00 target price for the company. Hovde Group decreased 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 report on Monday, January 27th. Finally, Keefe, Bruyette & Woods decreased their target price on shares of Atlantic Union Bankshares from $46.00 to $44.00 and set a “market perform” rating for the company in a research report on Thursday, January 30th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $44.40.

Atlantic Union Bankshares Trading Up 0.8 %

Shares of NASDAQ:AUB opened at $37.74 on Wednesday. The company has a market capitalization of $3.39 billion, a P/E ratio of 16.48 and a beta of 0.92. Atlantic Union Bankshares Co. has a 1 year low of $30.43 and a 1 year high of $44.54. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.91 and a quick ratio of 0.91. The business’s 50 day simple moving average is $37.91 and its 200 day simple moving average is $38.57.

Atlantic Union Bankshares Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be given a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a yield of 3.60%. The ex-dividend date is Friday, February 14th. Atlantic Union Bankshares’s dividend payout ratio is currently 59.39%.

About Atlantic Union Bankshares

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.