<div id="readability-page-1"><p><span>United Bankshares (NASDAQ:UBSI - Get Free Report)</span> was downgraded by equities researchers at Zacks Research from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a report issued on Monday,Zacks.com reports.</p><div><p><span></span><span>Get <strong>United Bankshares</strong> alerts:</span></p></div><p>Several other research analysts have also recently weighed in on UBSI. Piper Sandler  set a $42.50 price target on shares of United Bankshares and gave the company an &#34;overweight&#34; rating in a report on Thursday, October 23rd. Weiss Ratings  reaffirmed a &#34;hold (c+)&#34; rating on shares of United Bankshares in a research report on Monday. One research analyst  has rated the stock with a Buy rating and four have issued  a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of &#34;Hold&#34; and an average target price of $41.83.</p><p><b>Read Our Latest Stock Report on United Bankshares</b></p><h2>United Bankshares Trading Down 1.3%</h2><p>Shares of United Bankshares stock opened at $39.53 on Monday. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.98 and a quick ratio of 0.98. The business has a fifty day simple moving average of $37.15 and a two-hundred day simple moving average of $37.06. United Bankshares has a 1 year low of $30.50 and a 1 year high of $40.52. The company has a market capitalization of $5.55 billion, a price-to-earnings ratio of 12.96 and a beta of 0.81. </p><p>United Bankshares (NASDAQ:UBSI - Get Free Report) last released its quarterly earnings data on Thursday, October 23rd. The financial services provider reported $0.92 EPS for the quarter, beating the consensus estimate of $0.82 by $0.10. The firm had revenue of $280.90 million for the quarter, compared to the consensus estimate of $307.78 million. United Bankshares had a net margin of 24.37% and a return on equity of 8.15%. During the same period in the previous year, the company earned $0.70 earnings per share.  Research analysts forecast that  United Bankshares will post 2.81 EPS for the current year. </p><h2>Institutional Investors Weigh In On United Bankshares</h2><p>Several institutional investors have recently made changes to their positions in UBSI. Dimensional Fund Advisors LP increased its stake in  United Bankshares by 0.3% during the 3rd quarter. Dimensional Fund Advisors LP now owns 7,741,908 shares of the financial services provider's stock worth $288,076,000 after acquiring an additional 24,631 shares during the period.  Earnest Partners LLC increased its position in shares of  United Bankshares by 0.4% in the first quarter. Earnest Partners LLC now owns 4,214,634 shares of the financial services provider's stock worth $146,121,000 after purchasing an additional 15,498 shares during the period.  Victory Capital Management Inc. increased its position in shares of  United Bankshares by 1.2% in the third quarter. Victory Capital Management Inc. now owns 3,624,628 shares of the financial services provider's stock worth $134,872,000 after purchasing an additional 42,255 shares during the period.  Geode Capital Management LLC raised its stake in  United Bankshares by 3.2% in the second quarter. Geode Capital Management LLC now owns 3,590,552 shares of the financial services provider's stock valued at $130,817,000 after purchasing an additional 110,305 shares in the last quarter.  Finally, First Trust Advisors LP lifted its position in  United Bankshares by 367.5% during the second quarter. First Trust Advisors LP now owns 1,935,979 shares of the financial services provider's stock worth $70,528,000 after purchasing an additional 1,521,864 shares during the period. 70.80% of the stock is currently owned by institutional investors. </p><h2>United Bankshares Company Profile</h2> (Get Free Report)<p>United Bankshares, Inc, headquartered in Charleston, West Virginia, is a bank holding company that provides a full range of financial services through its primary subsidiary, United Bank. The company's core offerings include retail and commercial banking products such as checking and savings accounts, certificates of deposit, personal and business loans, mortgages, and treasury management services. In addition, United Bankshares delivers private banking, wealth management, trust and fiduciary solutions, and investment advisory services to meet the needs of individual, corporate, and institutional clients.  </p><p>United Bankshares operates an extensive branch network across West Virginia, Virginia, Maryland, the District of Columbia, Ohio, Pennsylvania, and South Carolina.</p><h2>See Also</h2><ul><li>Five stocks we like better than United Bankshares</li><li>The boring AI play that could pay up to $4,290 monthly</li><li>Trump’s “real estate deal for America” explained</li><li>Trump Did WHAT??</li><li>A month before the crash</li><li>Put $1,000 into this stock by Jan 1 [Not NVDA]</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9VUJTSQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9VUJTSQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in United Bankshares Right Now?</h2><p>Before you consider United Bankshares, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and United Bankshares wasn't on the list.</p><p>While United Bankshares currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

UBSI

<p>Zacks Research downgraded United Bankshares (NASDAQ:UBSI) from a "strong-buy" to "hold" rating. Piper Sandler set a $42.50 price target with an "overweight" rating. Weiss Ratings reaffirmed a "hold" rating. The stock opened at $39.53, with a market cap of $5.55 billion. United Bankshares reported $0.92 EPS for the quarter, beating estimates. Institutional investors hold 70.80% of the stock. The company offers various financial services across several states.</p>

United Bankshares (NASDAQ:UBSI) Stock Rating Lowered by Zacks Research