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

Separately, Hovde Group lowered 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 note on Wednesday, July 20th.

The firm has a market capitalization of $695.95 million and a price-to-earnings ratio of 15.73. The firm has a 50 day moving average of $13.38 and a 200 day moving average of $12.85.

United Financial Bancorp (NASDAQ:UBNK) last announced its quarterly earnings results on Tuesday, July 19th. The company reported $0.20 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.23 by $0.03. On average, analysts forecast that United Financial Bancorp Inc. will post $0.87 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 10th. Stockholders of record on Friday, July 29th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 3.45%. The ex-dividend date of this dividend was Wednesday, July 27th.

In related news, Director Robert A. Stewart, Jr. sold 23,660 shares of the stock in a transaction dated Friday, June 10th. The stock was sold at an average price of $13.28, for a total transaction of $314,204.80. Following the transaction, the director now owns 69,019 shares of the company’s stock, valued at approximately $916,572.32. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Michael A. Bars sold 6,775 shares of the stock in a transaction dated Wednesday, June 8th. The stock was sold at an average price of $13.44, for a total value of $91,056.00. Following the transaction, the director now directly owns 64,492 shares in the company, valued at approximately $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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