United Security Bancshares (NASDAQ:UBFO) Stock Price Passes Below 200-Day Moving Average - Here's Why

Shares of United Security Bancshares (NASDAQ:UBFO - Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $9.39 and traded as low as $7.58. United Security Bancshares shares last traded at $7.86, with a volume of 32,872 shares changing hands.

United Security Bancshares Stock Performance

The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.09. The stock has a fifty day moving average price of $9.17 and a 200-day moving average price of $9.35. The firm has a market capitalization of $132.12 million, a price-to-earnings ratio of 8.79 and a beta of 0.37.

United Security Bancshares (NASDAQ:UBFO - Get Free Report) last announced its quarterly earnings results on Monday, January 27th. The financial services provider reported $0.15 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%.

United Security Bancshares Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 22nd. Stockholders of record on Monday, April 7th will be issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 6.35%. The ex-dividend date is Monday, April 7th. United Security Bancshares's payout ratio is presently 55.81%.

Institutional Investors Weigh In On United Security Bancshares

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Barclays PLC lifted its stake in shares of United Security Bancshares by 12.5% during the third quarter. Barclays PLC now owns 28,576 shares of the financial services provider's stock valued at $248,000 after acquiring an additional 3,171 shares during the period. Geode Capital Management LLC raised its holdings in United Security Bancshares by 11.2% during the 3rd quarter. Geode Capital Management LLC now owns 145,776 shares of the financial services provider's stock worth $1,270,000 after purchasing an additional 14,668 shares during the last quarter. Miracle Mile Advisors LLC lifted its position in United Security Bancshares by 43.8% during the 4th 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 period. Empowered Funds LLC boosted its stake in shares of 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 purchasing an additional 2,339 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new stake in shares of United Security Bancshares during the 4th quarter worth approximately $120,000. Institutional investors and hedge funds own 30.88% of the company's stock.

United Security Bancshares Company 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.