First Trust Advisors LP lessened its stake in United Community Financial Corp. (NASDAQ:UCFC) by 7.3% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 117,470 shares of the savings and loans company’s stock after selling 9,302 shares during the quarter. First Trust Advisors LP owned approximately 0.24% of United Community Financial Corp. worth $976,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. First Quadrant L P CA acquired a new stake in United Community Financial Corp. during the 2nd quarter worth $137,000. Cigna Investments Inc. New acquired a new stake in United Community Financial Corp. during the 2nd quarter worth $137,000. Parametric Portfolio Associates LLC boosted its stake in United Community Financial Corp. by 12.2% during the 1st quarter. Parametric Portfolio Associates LLC now owns 19,357 shares of the savings and loans company’s stock worth $161,000 after purchasing an additional 2,107 shares during the last quarter. SG Americas Securities LLC acquired a new stake in United Community Financial Corp. during the 1st quarter worth $171,000. Finally, Oxford Asset Management acquired a new stake in United Community Financial Corp. during the 1st quarter worth $221,000. 58.20% of the stock is owned by institutional investors.

Several equities research analysts have issued reports on UCFC shares. Zacks Investment Research raised shares of United Community Financial Corp. from a “hold” rating to a “buy” rating and set a $10.00 target price on the stock in a research note on Saturday, July 22nd. Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $11.00 target price on shares of United Community Financial Corp. in a research note on Friday, July 21st. Finally, Boenning Scattergood set a $10.00 target price on shares of United Community Financial Corp. and gave the stock a “buy” rating in a research note on Wednesday, July 19th.

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Shares of United Community Financial Corp. (UCFC) opened at 9.31 on Thursday. The firm’s 50-day moving average is $9.00 and its 200 day moving average is $8.60. United Community Financial Corp. has a 52 week low of $6.93 and a 52 week high of $9.50. The firm has a market cap of $463.06 million, a PE ratio of 22.38 and a beta of 0.56.

United Community Financial Corp. (NASDAQ:UCFC) last announced its quarterly earnings results on Thursday, July 20th. The savings and loans company reported $0.16 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.02. United Community Financial Corp. had a return on equity of 8.90% and a net margin of 18.95%. The business had revenue of $27.58 million during the quarter, compared to analysts’ expectations of $26.20 million. Equities research analysts forecast that United Community Financial Corp. will post $0.57 EPS for the current year.

In other news, Director Marty E. Adams purchased 404,000 shares of the company’s stock in a transaction dated Wednesday, June 28th. The stock was acquired at an average price of $8.00 per share, for a total transaction of $3,232,000.00. Following the completion of the transaction, the director now directly owns 3,382 shares in the company, valued at approximately $27,056. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, General Counsel Jude J. Nohra sold 12,218 shares of the firm’s stock in a transaction on 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 transaction, the general counsel now owns 80,867 shares of the company’s stock, valued at approximately $676,856.79. The disclosure for this sale can be found here. Company insiders own 3.56% of the company’s stock.

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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