United Security Bancshares (NASDAQ:UBFO - Get Free Report)'s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $9.19 and traded as high as $10.43. United Security Bancshares shares last traded at $10.30, with a volume of 29,405 shares trading hands.
Analyst Ratings Changes
Separately, StockNews.com started coverage on United Security Bancshares in a research note on Thursday, September 5th. They set a "hold" rating on the stock.
Read Our Latest Stock Analysis on United Security Bancshares
United Security Bancshares Trading Up 0.1 %
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 firm's 50-day moving average is $9.22 and its 200-day moving average is $8.28. The firm has a market cap of $178.57 million, a price-to-earnings ratio of 10.11 and a beta of 0.61.
United Security Bancshares (NASDAQ:UBFO - Get Free Report) last posted its earnings results on Friday, October 18th. The financial services provider reported $0.22 EPS for the quarter. The company had revenue of $13.84 million during the quarter. United Security Bancshares had a net margin of 25.78% and a return on equity of 13.96%.
United Security Bancshares Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 23rd. Stockholders of record on Monday, October 7th were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 4.66%. The ex-dividend date was Monday, October 7th. United Security Bancshares's dividend payout ratio is presently 47.06%.
Insider Buying and Selling
In related news, SVP Robert C. Oberg, Jr. sold 4,800 shares of the company's stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $9.81, for a total value of $47,088.00. Following the transaction, the senior vice president now owns 18,228 shares in the company, valued at approximately $178,816.68. This represents a 20.84 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 20.10% of the stock is currently owned by corporate insiders.
Institutional Trading of United Security Bancshares
Several hedge funds and other institutional investors have recently modified their holdings of the business. Miracle Mile Advisors LLC increased its position in shares of United Security Bancshares by 23.1% in the third quarter. Miracle Mile Advisors LLC now owns 16,000 shares of the financial services provider's stock worth $139,000 after purchasing an additional 3,000 shares during the last quarter. Barclays PLC increased its holdings in shares of United Security Bancshares by 12.5% in the 3rd quarter. Barclays PLC now owns 28,576 shares of the financial services provider's stock worth $248,000 after buying an additional 3,171 shares during the last quarter. Empowered Funds LLC raised its position in shares of United Security Bancshares by 5.2% during the 3rd quarter. Empowered Funds LLC now owns 49,201 shares of the financial services provider's stock valued at $429,000 after buying an additional 2,412 shares in the last quarter. Private Wealth Advisors LLC lifted its holdings in shares of United Security Bancshares by 1.6% during the 2nd quarter. Private Wealth Advisors LLC now owns 81,811 shares of the financial services provider's stock worth $591,000 after acquiring an additional 1,299 shares during the last quarter. Finally, Geode Capital Management LLC grew its position in United Security Bancshares by 11.2% in the third quarter. Geode Capital Management LLC now owns 145,776 shares of the financial services provider's stock worth $1,270,000 after acquiring an additional 14,668 shares in the last quarter. Institutional investors own 30.88% of the company's stock.
About United Security Bancshares
(
Get Free Report)
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.
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