United Security Bancshares (NASDAQ:UBFO – Get Rating) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $7.98 and traded as low as $7.08. United Security Bancshares shares last traded at $7.10, with a volume of 21,290 shares changing hands.
Analyst Ratings Changes
Separately, StockNews.com initiated coverage on shares of United Security Bancshares in a report on Saturday. They set a “hold” rating on the stock.
United Security Bancshares Stock Down 0.1 %
The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.91 and a current ratio of 0.91. The company has a market cap of $120.91 million, a price-to-earnings ratio of 10.92 and a beta of 0.70. The stock’s fifty day moving average is $7.49 and its two-hundred day moving average is $7.98.
United Security Bancshares (NASDAQ:UBFO – Get Rating) last posted its earnings results on Wednesday, April 20th. The financial services provider reported $0.14 earnings per share for the quarter. United Security Bancshares had a net margin of 26.16% and a return on equity of 9.45%. The company had revenue of $9.23 million for the quarter.
United Security Bancshares Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, July 22nd. Investors of record on Friday, July 8th will be issued a $0.11 dividend. The ex-dividend date is Thursday, July 7th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 6.20%. United Security Bancshares’s dividend payout ratio is presently 67.69%.
Institutional Investors Weigh In On United Security Bancshares
Several institutional investors and hedge funds have recently added to or reduced their stakes in UBFO. UBS Group AG increased its stake in United Security Bancshares by 80.5% in the 1st quarter. UBS Group AG now owns 7,542 shares of the financial services provider’s stock valued at $63,000 after buying an additional 3,363 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in United Security Bancshares by 19.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 22,364 shares of the financial services provider’s stock valued at $186,000 after buying an additional 3,668 shares during the last quarter. American Century Companies Inc. increased its stake in United Security Bancshares by 38.2% in the 4th quarter. American Century Companies Inc. now owns 51,135 shares of the financial services provider’s stock valued at $415,000 after buying an additional 14,132 shares during the last quarter. Elizabeth Park Capital Advisors Ltd. increased its stake in United Security Bancshares by 3.2% in the 4th quarter. Elizabeth Park Capital Advisors Ltd. now owns 420,179 shares of the financial services provider’s stock valued at $3,412,000 after buying an additional 13,157 shares during the last quarter. Finally, Vanguard Group Inc. increased its stake in United Security Bancshares by 3.0% in the 1st quarter. Vanguard Group Inc. now owns 561,235 shares of the financial services provider’s stock valued at $4,659,000 after buying an additional 16,246 shares during the last quarter. Hedge funds and other institutional investors own 37.02% of the company’s stock.
About United Security Bancshares
United Security Bancshares operates as the bank holding company for United Security Bank, a state-chartered bank that provides a range of commercial banking services to the business and professional community, and individuals in California. The company accepts various deposit products, including personal and business checking accounts, savings accounts, interest-bearing negotiable order of withdrawal accounts, money market accounts, and time certificates of deposit.
Further Reading
Receive News & Ratings for United Security Bancshares Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for United Security Bancshares and related companies with MarketBeat.com’s FREE daily email newsletter.
Read More: United Security Bancshares (NASDAQ:UBFO) Stock Price Passes Below Two Hundred Day Moving