Fourthstone LLC Has $3.21 Million Stock Holdings in United Security Bancshares (NASDAQ:UBFO)

Fourthstone LLC grew its stake in shares of United Security Bancshares (NASDAQ:UBFO - Free Report) by 87.3% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 321,245 shares of the financial services provider's stock after acquiring an additional 149,705 shares during the period. Fourthstone LLC owned about 1.85% of United Security Bancshares worth $3,206,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Y Intercept Hong Kong Ltd acquired a new position in shares of United Security Bancshares in the 4th quarter valued at about $120,000. Miracle Mile Advisors LLC increased its stake in United Security Bancshares by 43.8% in the fourth quarter. Miracle Mile Advisors LLC now owns 23,000 shares of the financial services provider's stock valued at $232,000 after purchasing an additional 7,000 shares during the last quarter. Barclays PLC lifted its stake in United Security Bancshares by 12.5% in the third quarter. Barclays PLC now owns 28,576 shares of the financial services provider's stock valued at $248,000 after buying an additional 3,171 shares during the last quarter. Empowered Funds LLC increased its stake in United Security Bancshares by 4.8% in the 4th quarter. Empowered Funds LLC now owns 51,540 shares of the financial services provider's stock valued at $514,000 after buying an additional 2,339 shares during the period. Finally, Cerity Partners LLC acquired a new position in shares of United Security Bancshares during the 4th quarter worth $534,000. Institutional investors own 30.88% of the company's stock.

United Security Bancshares Price Performance

United Security Bancshares stock traded up $0.58 during midday trading on Tuesday, reaching $8.59. 13,283 shares of the company were exchanged, compared to its average volume of 25,067. United Security Bancshares has a 1 year low of $7.02 and a 1 year high of $10.49. The company has a market capitalization of $150.03 million, a price-to-earnings ratio of 9.91 and a beta of 0.37. The firm's 50-day simple moving average is $8.93 and its 200-day simple moving average is $9.32. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.92 and a current ratio of 0.92.

United Security Bancshares (NASDAQ:UBFO - Get Free Report) last posted its quarterly earnings data on Thursday, April 17th. The financial services provider reported $0.16 earnings per share (EPS) for the quarter. United Security Bancshares had a net margin of 22.58% and a return on equity of 11.54%. The company had revenue of $13.66 million for the quarter.

United Security Bancshares Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 22nd. Stockholders of record on Monday, April 7th will be given a dividend of $0.12 per share. The ex-dividend date is Monday, April 7th. This represents a $0.48 annualized dividend and a dividend yield of 5.59%. United Security Bancshares's dividend payout ratio (DPR) is 61.54%.

United Security Bancshares Profile

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.