United Financial Bancorp Inc. (NASDAQ:UBNK) shares reached a new 52-week high during trading on Tuesday . The company traded as high as $14.16 and last traded at $14.12, with a volume of 44,712 shares changing hands. The stock had previously closed at $13.92.

Separately, Hovde Group downgraded shares of United Financial Bancorp from an “outperform” rating to a “market perform” rating and set a $14.00 target price on the stock. in a research report on Wednesday, July 20th.

The company’s 50-day moving average price is $13.41 and its 200-day moving average price is $12.88. The company has a market cap of $695.46 million and a PE ratio of 15.72.

United Financial Bancorp (NASDAQ:UBNK) last released its earnings results on Tuesday, July 19th. The company reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by $0.03. On average, analysts predict that United Financial Bancorp Inc. will post $0.87 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 10th. Shareholders of record on Friday, July 29th were paid a dividend of $0.12 per share. The ex-dividend date was Wednesday, July 27th. This represents a $0.48 annualized dividend and a yield of 3.43%.

In other United Financial Bancorp news, Director Robert A. Stewart, Jr. sold 23,660 shares of the business’s stock in a transaction that occurred on Friday, June 10th. The shares were sold at an average price of $13.28, for a total transaction of $314,204.80. Following the completion of the sale, the director now directly owns 69,019 shares in the company, valued at $916,572.32. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Michael A. Bars sold 6,775 shares of the business’s stock in a transaction that occurred on Wednesday, June 8th. The stock was sold at an average price of $13.44, for a total transaction of $91,056.00. Following the sale, the director now owns 64,492 shares of the company’s stock, valued at $866,772.48. The disclosure for this sale can be found here.

United Financial Bancorp, Inc is a bank holding company. The Company, through its subsidiary United Bank (the Bank), delivers financial services to individuals, families and businesses in Connecticut and Massachusetts, including retail, commercial and consumer banking, as well as financial advisory services.

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