Earnest Partners LLC Has $165.61 Million Stake in United Bankshares, Inc. $UBSI

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Earnest Partners LLC has reduced its stake in United Bankshares, Inc. (NASDAQ:UBSI) by 3.8% in the third quarter, now holding 4,450,747 shares valued at $165.61 million, representing 3.17% of the company. Despite this, institutional investors collectively own about 70.8% of UBSI. Analysts have maintained a “Moderate Buy” rating with a consensus target price of $44.67, following United Bankshares beating earnings and revenue estimates and announcing a quarterly dividend of $0.38 per share.

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