Deprince Race & Zollo Inc. reduced its holdings in shares of United Financial Bancorp Inc (NASDAQ:UBNK) by 57.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 193,163 shares of the bank’s stock after selling 256,756 shares during the quarter. Deprince Race & Zollo Inc.’s holdings in United Financial Bancorp were worth $3,407,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. BNP Paribas Arbitrage SA boosted its stake in shares of United Financial Bancorp by 1,702.4% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 5,984 shares of the bank’s stock valued at $100,000 after buying an additional 5,652 shares during the last quarter. Cornerstone Capital Management Holdings LLC. purchased a new position in shares of United Financial Bancorp during the 2nd quarter valued at approximately $169,000. Ameriprise Financial Inc. purchased a new position in shares of United Financial Bancorp during the 2nd quarter valued at approximately $173,000. SG Americas Securities LLC purchased a new position in shares of United Financial Bancorp during the 3rd quarter valued at approximately $217,000. Finally, Legal & General Group Plc boosted its stake in shares of United Financial Bancorp by 3.2% during the 2nd quarter. Legal & General Group Plc now owns 12,337 shares of the bank’s stock valued at $207,000 after buying an additional 385 shares during the last quarter. Institutional investors own 64.57% of the company’s stock.

In related news, EVP Brandon Craig Lorey sold 20,000 shares of the firm’s stock in a transaction on Monday, December 18th. The stock was sold at an average price of $18.26, for a total transaction of $365,200.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO William Hw Iv Crawford sold 6,500 shares of the firm’s stock in a transaction on Tuesday, November 28th. The stock was sold at an average price of $18.41, for a total value of $119,665.00. The disclosure for this sale can be found here. Company insiders own 3.49% of the company’s stock.

United Financial Bancorp Inc (NASDAQ UBNK) opened at $16.89 on Monday. United Financial Bancorp Inc has a one year low of $15.75 and a one year high of $19.35. The stock has a market capitalization of $863.45, a price-to-earnings ratio of 15.64 and a beta of 0.72. The company has a debt-to-equity ratio of 1.56, a quick ratio of 1.02 and a current ratio of 1.03.

United Financial Bancorp (NASDAQ:UBNK) last announced its quarterly earnings data on Tuesday, January 23rd. The bank reported $0.24 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.29 by ($0.05). United Financial Bancorp had a return on equity of 5.51% and a net margin of 17.53%. The firm had revenue of $54.20 million for the quarter. analysts predict that United Financial Bancorp Inc will post 1.2 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 14th. Investors of record on Friday, February 2nd will be paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 2.84%. The ex-dividend date of this dividend is Thursday, February 1st. United Financial Bancorp’s dividend payout ratio (DPR) is presently 44.44%.

Several equities analysts have recently commented on the company. Keefe, Bruyette & Woods reiterated a “buy” rating and set a $21.00 target price on shares of United Financial Bancorp in a research note on Tuesday, October 3rd. BidaskClub cut United Financial Bancorp from a “sell” rating to a “strong sell” rating in a research note on Saturday, January 6th. Hovde Group restated a “hold” rating on shares of United Financial Bancorp in a research note on Friday. Finally, Sandler O’Neill set a $20.00 price objective on United Financial Bancorp and gave the stock a “buy” rating in a research note on Wednesday, January 24th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the stock. United Financial Bancorp has an average rating of “Hold” and a consensus target price of $19.33.

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United Financial Bancorp 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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Institutional Ownership by Quarter for United Financial Bancorp (NASDAQ:UBNK)

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