United Security Bancshares (NASDAQ:UBFO) Earns Hold Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of United Security Bancshares (NASDAQ:UBFO) in a report published on Saturday morning. The brokerage issued a hold rating on the financial services provider’s stock.

United Security Bancshares Price Performance

Shares of NASDAQ UBFO opened at $7.46 on Friday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.89 and a current ratio of 0.89. The company has a market cap of $129.21 million, a PE ratio of 7.17 and a beta of 0.60. The business has a 50-day simple moving average of $7.45 and a two-hundred day simple moving average of $7.71. United Security Bancshares has a fifty-two week low of $5.50 and a fifty-two week high of $8.74.

United Security Bancshares (NASDAQ:UBFO) last announced its quarterly earnings data on Thursday, January 25th. The financial services provider reported $0.31 earnings per share (EPS) for the quarter. The firm had revenue of $14.95 million during the quarter. United Security Bancshares had a return on equity of 15.14% and a net margin of 27.07%.

United Security Bancshares Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, April 22nd. Stockholders of record on Monday, April 8th were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 6.43%. The ex-dividend date was Friday, April 5th. United Security Bancshares’s dividend payout ratio is presently 46.15%.

Institutional Trading of United Security Bancshares

A number of institutional investors have recently made changes to their positions in the company. Bridgewealth Advisory Group LLC boosted its stake in United Security Bancshares by 3.8% during the third quarter. Bridgewealth Advisory Group LLC now owns 1,193,088 shares of the financial services provider’s stock worth $8,877,000 after buying an additional 44,182 shares during the last quarter. Kennedy Capital Management LLC boosted its stake in United Security Bancshares by 8.8% during the third quarter. Kennedy Capital Management LLC now owns 58,454 shares of the financial services provider’s stock worth $435,000 after buying an additional 4,749 shares during the last quarter. Planning Center Inc. acquired a new position in United Security Bancshares during the fourth quarter worth $303,000. Kestra Private Wealth Services LLC acquired a new position in United Security Bancshares during the third quarter worth $250,000. Finally, O Shaughnessy Asset Management LLC boosted its stake in United Security Bancshares by 13.6% during the third quarter. O Shaughnessy Asset Management LLC now owns 32,848 shares of the financial services provider’s stock worth $244,000 after buying an additional 3,933 shares during the last quarter. 30.88% of the stock is owned by institutional investors and hedge funds.

United Security Bancshares Company Profile

United Security Bancshares operates as the bank holding company for United Security Bank, a state-chartered bank that provides a range of commercial banking services to the business and professional community, and individuals in California. The company accepts various deposit products, including personal and business checking accounts, savings accounts, interest-bearing negotiable order of withdrawal accounts, money market accounts, and time certificates of deposit.