What Kind Of Shareholders Own United Bankshares, Inc. (NASDAQ:UBSI)?

Simply Wall St
·4 min read

A look at the shareholders of United Bankshares, Inc. (NASDAQ:UBSI) can tell us which group is most powerful. Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. Companies that used to be publicly owned tend to have lower insider ownership.

United Bankshares is a pretty big company. It has a market capitalization of US$4.7b. Normally institutions would own a significant portion of a company this size. Taking a look at our data on the ownership groups (below), it seems that institutional investors have bought into the company. Let's delve deeper into each type of owner, to discover more about United Bankshares.

Check out our latest analysis for United Bankshares

ownership-breakdown
ownership-breakdown

What Does The Institutional Ownership Tell Us About United Bankshares?

Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.

United Bankshares already has institutions on the share registry. Indeed, they own a respectable stake in the company. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at United Bankshares' earnings history below. Of course, the future is what really matters.

earnings-and-revenue-growth
earnings-and-revenue-growth

Investors should note that institutions actually own more than half the company, so they can collectively wield significant power. United Bankshares is not owned by hedge funds. Our data shows that BlackRock, Inc. is the largest shareholder with 14% of shares outstanding. The Vanguard Group, Inc. is the second largest shareholder owning 9.8% of common stock, and State Street Global Advisors, Inc. holds about 8.9% of the company stock. Additionally, the company's CEO Richard Adams directly holds 0.7% of the total shares outstanding.

Looking at the shareholder registry, we can see that 50% of the ownership is controlled by the top 11 shareholders, meaning that no single shareholder has a majority interest in the ownership.

While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.

Insider Ownership Of United Bankshares

While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.

Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.

We can see that insiders own shares in United Bankshares, Inc.. The insiders have a meaningful stake worth US$96m. Most would see this as a real positive. It is good to see this level of investment by insiders. You can check here to see if those insiders have been buying recently.

General Public Ownership

The general public holds a 30% stake in United Bankshares. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies.

Next Steps:

While it is well worth considering the different groups that own a company, there are other factors that are even more important. For example, we've discovered 1 warning sign for United Bankshares that you should be aware of before investing here.

But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future.

NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

  • Up next
  • Up next
  • Up next
  • Up next

Latest Stories

  • Spirit Aero says it has a new plan to address Boeing 737 MAX parts demand

    Boeing is under pressure to restore slumping production of its strong-selling narrowbody jet to 38 per month in the second half of the year as the planemaker's credit rating comes under scrutiny from rating agencies. The company is pressing its key supplier Spirit Aero to improve the quality of the fuselages it produces for the MAX at a higher rate for the second half of the year. Boeing is in talks for a tie-up with Spirit, which is scheduled to report earnings on May 7.

  • US fast-food chains may have to amp up promotions as more people eat at home

    Global fast food giants may have to dole out steeper promotions to lure inflation-hit customers who are increasingly opting to eat at home, following weak sales from the likes of McDonald's and Starbucks this week. Disposable income in the United States is declining, particularly in the lower-income cohort, while the slow economic recovery in China has increased industry-wide pressures for quick-service chains including KFC owner Yum Brands that has extended across several quarters. "The lack of value offers has opened up consumers to shop for different options whether it be other (chains) or the grocery stores," Razmig Poundardjian, portfolio manager for Carnegie Investment Counsel said.

  • Female fitness instructor jailed in Saudi Arabia over her 'choice of clothing'

    Her sister only escaped prosecution by fleeing the country

  • Civil service union starts legal action against government over Rwanda deportation plan

    The FDA union will try to challenge ministers’ Rwanda plan passed last week in parliement in the courts

  • Armed groups besieging towns in northeastern Mali driving residents, many children, to hunger

    A humanitarian crisis is worsening in northeastern Mali where armed groups linked to Islamic State have besieged major towns leaving residents including some 80,000 children vulnerable to malnutrition, locals and an aid group warned Wednesday. The town of Ménaka has been under siege for four months, driving up the prices of food. Other essential goods like medication are increasingly hard to find, residents and aid groups say.

  • Ex-Hollyoaks star Ali Bastian recalls daughter's "terrifying" hospital trip

    Former Hollyoaks star Ali Bastian has recalled a “terrifying” hospital trip with her daughter Isla after an allergic reaction.

  • Maryland approves more than $3M for a man wrongly imprisoned for murder for three decades

    Maryland officials on Wednesday approved more than $3 million in compensation for a Baltimore man who spent 31 years in prison on a wrongful murder conviction. Gov. Wes Moore apologized to Gary Washington during a Board of Public Works meeting where the compensation was approved. “On the behalf of the entire state, I’m sorry for the failure of the justice system," Moore said, adding that while no amount can make up for the injustice, he prayed the state could provide compensation "in a way that your family deserves.”

  • Annual egg drop returning to Girouxville

    Paroisse Notre Dame de Lourdes Parish in Girouxville will be holding its third Annual Egg Drop Fundraiser June 2 to help raise funds for new front steps. The Paroisse’s Front Steps Fundraising Committee worked hard to raise enough funds to replace the dilapidated steps that had become a hazard to church goers, with steps being replaced last summer. The total cost of the project was slightly over $360,000, and the committee is trying to raise enough to finish paying off the last $68,000. “The pro

  • Home Office detains first migrants for deportation to Rwanda

    No 10 defends timing - one day before local elections - saying ‘there really is not a day to lose when people are dying in the channel’

  • Alcaraz's quest to win third consecutive Madrid Open title ends with loss to Rublev in quarterfinals

    MADRID (AP) — Carlos Alcaraz's bid to win a third straight Madrid Open title ended with a three-set loss to Andrey Rublev in the quarterfinals on Wednesday. The second-seeded Spaniard got off to a good start but then was outplayed by the seventh-seeded Rublev, losing 4-6, 6-3, 6-2 at the Caja Magica center court. Alcaraz, who had already struggled in a three-set win over Jan-Lennard Struff on Tuesday, looked out of sorts and was mistake-prone toward the end. It was his first tournament after mis

  • The price of fame? Travis Kelce tells post office to stop bringing mail to his house

    “I had to literally tell the post office and everybody to, like, stop bringing stuff to my house,” Travis Kelce said.

  • Audubon announces Cool Zoo opening this weekend

    Audubon announces Cool Zoo opening this weekend

  • Threat 'neutralized' after active shooter reported outside Wisconsin middle school

    An active shooter was reported outside a Wisconsin middle school Wednesday, school officials said. The threat has been "neutralized" outside the building and the Mount Horeb Area School District said no injuries have been reported "with the exception of the alleged assailant," the district said. The district said police responded to help "scope out" an active shooter at the Mount Horeb Middle School.

  • Former CFL player, executive Lyle Bauer dead at age 65

    WINNIPEG — Lyle Bauer, a former CFL player and executive, has died. He was 65. The Winnipeg Blue Bombers, the team Bauer played for and later served as CEO, announced Bauer's death on its Instagram page Wednesday. Bauer, a Saskatoon native, played his entire 10-year CFL career as an offensive with the Blue Bombers (1982-91). He was named the team's top offensive lineman in 1988 and won three Grey Cups with the Blue Bombers (1984, 1988, 1990). Bauer, who played collegiately at Weber State in Utah

  • Harris thanks agencies for their work in moving migrants from ‘shantytown’

    More than 250 migrants had been sleeping rough beside the International Protection Office on Mount Street in Dublin.

  • Water outage impacting some Tangipahoa Parish schools

    Water outage impacting some Tangipahoa Parish schools

  • Application process for BBC jobs was rigged, presenters tell tribunal

    Journalists Martine Croxall, Karin Giannone, Kasia Madera and Annita McVeigh have launched an employment tribunal case against the BBC.

  • Will Travis Kelce and Taylor Swift come to Miami for this major car race? What we know

    The main event is on Sunday at Hard Rock

  • Billy Vunipola to face no Saracens action after Majorca arrest

    The Gallagher Premiership champions have warned Vunipola over his conduct.

  • Palestinians in south Gaza support cease-fire between Israel and Hamas

    Palestinians in south Gaza expressed expressed cautious optimism on Wednesday a cease-fire deal would be reached between Israel and Hamas in the latest round of talks. U.S. Secretary of State Antony Blinken met with Israeli leaders on Wednesday in his push for a cease-fire deal, saying “the time is now” for an agreement that would free hostages and bring a pause in the nearly seven months of war in Gaza. AP video shot by Mohammad Jahjouh, Production by Wafaa Shurafa