Bank of America Corp DE increased its stake in United Community Financial Corp. (NASDAQ:UCFC) by 0.6% during the first quarter, Holdings Channel reports. The institutional investor owned 386,765 shares of the savings and loans company’s stock after buying an additional 2,236 shares during the period. Bank of America Corp DE’s holdings in United Community Financial Corp. were worth $3,226,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Guggenheim Capital LLC boosted its stake in United Community Financial Corp. by 0.3% in the fourth quarter. Guggenheim Capital LLC now owns 12,976 shares of the savings and loans company’s stock valued at $116,000 after buying an additional 44 shares in the last quarter. California Public Employees Retirement System boosted its stake in United Community Financial Corp. by 1.1% in the first quarter. California Public Employees Retirement System now owns 92,402 shares of the savings and loans company’s stock valued at $771,000 after buying an additional 963 shares in the last quarter. American International Group Inc. boosted its stake in United Community Financial Corp. by 7.1% in the first quarter. American International Group Inc. now owns 28,661 shares of the savings and loans company’s stock valued at $239,000 after buying an additional 1,909 shares in the last quarter. Strs Ohio boosted its stake in United Community Financial Corp. by 2.6% in the first quarter. Strs Ohio now owns 79,500 shares of the savings and loans company’s stock valued at $663,000 after buying an additional 2,000 shares in the last quarter. Finally, Parametric Portfolio Associates LLC boosted its stake in United Community Financial Corp. by 12.2% in the first quarter. Parametric Portfolio Associates LLC now owns 19,357 shares of the savings and loans company’s stock valued at $161,000 after buying an additional 2,107 shares in the last quarter. 58.57% of the stock is owned by hedge funds and other institutional investors.

Shares of United Community Financial Corp. (NASDAQ UCFC) traded down 0.55% on Monday, reaching $9.06. 9,599 shares of the company were exchanged. The company’s 50-day moving average is $8.68 and its 200-day moving average is $8.50. The company has a market capitalization of $450.42 million, a price-to-earnings ratio of 21.88 and a beta of 0.57. United Community Financial Corp. has a 52 week low of $6.41 and a 52 week high of $9.50.

United Community Financial Corp. (NASDAQ:UCFC) last released its quarterly earnings data on Thursday, July 20th. The savings and loans company reported $0.16 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.14 by $0.02. United Community Financial Corp. had a net margin of 18.95% and a return on equity of 9.10%. The company had revenue of $27.58 million during the quarter, compared to analyst estimates of $26.20 million. On average, equities analysts expect that United Community Financial Corp. will post $0.57 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 11th. Investors of record on Friday, July 28th will be paid a $0.04 dividend. The ex-dividend date of this dividend is Wednesday, July 26th. This is a positive change from United Community Financial Corp.’s previous quarterly dividend of $0.03. This represents a $0.16 dividend on an annualized basis and a yield of 1.76%. United Community Financial Corp.’s dividend payout ratio is 39.02%.

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UCFC has been the subject of a number of recent research reports. Zacks Investment Research raised shares of United Community Financial Corp. from a “hold” rating to a “buy” rating and set a $10.00 price target for the company in a research report on Saturday, July 22nd. Boenning Scattergood set a $10.00 price target on shares of United Community Financial Corp. and gave the company a “buy” rating in a research report on Wednesday, July 19th. Finally, Keefe, Bruyette & Woods reissued a “buy” rating and set a $11.00 price target on shares of United Community Financial Corp. in a research report on Friday, July 21st.

In related news, General Counsel Jude J. Nohra sold 12,218 shares of the company’s stock in a transaction dated Friday, June 30th. The shares were sold at an average price of $8.37, for a total value of $102,264.66. Following the completion of the sale, the general counsel now directly owns 80,867 shares of the company’s stock, valued at $676,856.79. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Marty E. Adams acquired 404,000 shares of the stock in a transaction that occurred on Wednesday, June 28th. The stock was acquired at an average cost of $8.00 per share, with a total value of $3,232,000.00. Following the completion of the purchase, the director now owns 3,382 shares of the company’s stock, valued at $27,056. The disclosure for this purchase can be found here. Over the last ninety days, insiders sold 17,718 shares of company stock valued at $148,990. 3.56% of the stock is owned by insiders.

United Community Financial Corp. Company Profile

United Community Financial Corp. is financial services holding company. The Company’s subsidiaries include The Home Savings and Loan Company of Youngstown, Ohio (Home Savings or the Bank), HSB Insurance, LLC and HSB Capital, LLC. The principal business of Home Savings is the origination of mortgage loans, including construction loans, on residential and nonresidential real estate located in Home Savings’ primary market area.

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Institutional Ownership by Quarter for United Community Financial Corp. (NASDAQ:UCFC)

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