Hsbc Holdings PLC Takes Position in Atlantic Union Bankshares Co. $AUBAP

Hsbc Holdings PLC bought a new position in Atlantic Union Bankshares Co. (NASDAQ:AUBAP) in the second quarter, according to the company in its most recent filing with the SEC. The fund bought 102,251 shares of the company’s stock, valued at approximately $4,335,000.

Other large investors have also recently modified their holdings of the company. BlackRock Inc. purchased a new stake in Atlantic Union Bankshares during the 2nd quarter valued at $883,523,000. Bank of New York Mellon Corp purchased a new position in Atlantic Union Bankshares during the second quarter worth $57,151,000. William Blair Investment Management LLC bought a new position in Atlantic Union Bankshares during the second quarter valued at $53,532,000. The Manufacturers Life Insurance Company bought a new position in Atlantic Union Bankshares during the second quarter valued at $31,880,000. Finally, Legal & General Group Plc purchased a new stake in shares of Atlantic Union Bankshares in the second quarter valued at $14,015,000.

Atlantic Union Bankshares Stock Performance

Atlantic Union Bankshares stock opened at $24.34 on Friday. Atlantic Union Bankshares Co. has a 12-month low of $22.80 and a 12-month high of $27.96. The firm has a 50-day moving average price of $24.51 and a 200-day moving average price of $24.63.

Atlantic Union Bankshares Company Profile

Atlantic Union Bankshares Corporation is a bank holding company and the parent of Atlantic Union Bank, a regional financial institution serving primarily Virginia and select markets in North Carolina, Maryland and the District of Columbia. The company offers a full suite of banking services to individuals, small- and mid-sized businesses, and commercial clients, including deposit accounts, consumer and commercial lending, treasury management, mortgage financing and wealth management services. Atlantic Union Bank emphasizes a relationship-driven approach, combining local decision-making authority with digital banking capabilities to support day-to-day financial needs and long-term growth objectives.

Founded on the heritage of Union Bank & Trust, which traces its origins to Winchester, Virginia in the early 20th century, Atlantic Union Bankshares emerged from the merger of Union Bankshares and Xenith Bank in 2018.