United Financial Bancorp Inc (NASDAQ:UBNK) CEO William Hw Iv Crawford sold 6,500 shares of the company’s stock in a transaction on Tuesday, November 28th. The stock was sold at an average price of $18.41, for a total transaction of $119,665.00. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

United Financial Bancorp Inc (NASDAQ:UBNK) traded down $0.06 during mid-day trading on Friday, reaching $18.58. 84,236 shares of the company’s stock traded hands, compared to its average volume of 123,237. United Financial Bancorp Inc has a fifty-two week low of $15.75 and a fifty-two week high of $19.35. The company has a quick ratio of 1.02, a current ratio of 1.03 and a debt-to-equity ratio of 1.56. The company has a market capitalization of $947.86, a price-to-earnings ratio of 15.80 and a beta of 0.72.

United Financial Bancorp (NASDAQ:UBNK) last released its quarterly earnings data on Tuesday, October 17th. The bank reported $0.30 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.29 by $0.01. United Financial Bancorp had a net margin of 22.67% and a return on equity of 8.87%. The business had revenue of $54.84 million during the quarter, compared to analyst estimates of $56.29 million. During the same quarter last year, the business earned $0.28 earnings per share. research analysts anticipate that United Financial Bancorp Inc will post 1.16 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 8th. Shareholders of record on Friday, October 27th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Thursday, October 26th. This represents a $0.48 annualized dividend and a yield of 2.58%. United Financial Bancorp’s dividend payout ratio (DPR) is currently 40.68%.

A number of hedge funds have recently added to or reduced their stakes in UBNK. Vanguard Group Inc. lifted its position in United Financial Bancorp by 7.5% during the first quarter. Vanguard Group Inc. now owns 2,064,480 shares of the bank’s stock valued at $35,116,000 after purchasing an additional 143,636 shares during the last quarter. Geode Capital Management LLC lifted its position in United Financial Bancorp by 5.4% during the first quarter. Geode Capital Management LLC now owns 414,100 shares of the bank’s stock valued at $7,043,000 after purchasing an additional 21,049 shares during the last quarter. Schwab Charles Investment Management Inc. lifted its position in United Financial Bancorp by 5.6% during the first quarter. Schwab Charles Investment Management Inc. now owns 212,973 shares of the bank’s stock valued at $3,623,000 after purchasing an additional 11,250 shares during the last quarter. State Street Corp lifted its position in United Financial Bancorp by 1.7% during the first quarter. State Street Corp now owns 1,101,228 shares of the bank’s stock valued at $18,732,000 after purchasing an additional 18,517 shares during the last quarter. Finally, Aperio Group LLC bought a new position in United Financial Bancorp during the second quarter valued at $254,000. Institutional investors and hedge funds own 64.58% of the company’s stock.

A number of equities analysts recently weighed in on UBNK shares. BidaskClub lowered shares of United Financial Bancorp from a “hold” rating to a “sell” rating in a research report on Wednesday, August 16th. Keefe, Bruyette & Woods restated a “buy” rating and set a $21.00 target price on shares of United Financial Bancorp in a research report on Tuesday, October 3rd.

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United Financial Bancorp Company Profile

United Financial Bancorp, Inc is a bank holding company. The Company, through its subsidiary United Bank (the Bank) and various subsidiaries, 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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