United Security Bancshares (NASDAQ:UBFO) Now Covered by Analysts at StockNews.com

StockNews.com began coverage on shares of United Security Bancshares (NASDAQ:UBFOGet Rating) in a report released on Saturday. The firm issued a hold rating on the financial services provider’s stock.

United Security Bancshares Trading Up 0.1 %

Shares of United Security Bancshares stock opened at $6.91 on Friday. The company has a market capitalization of $117.75 million, a P/E ratio of 10.01 and a beta of 0.65. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.87 and a current ratio of 0.87. The company has a fifty day moving average of $7.21 and a 200 day moving average of $7.68. United Security Bancshares has a fifty-two week low of $6.84 and a fifty-two week high of $8.74.

United Security Bancshares (NASDAQ:UBFOGet Rating) last issued its earnings results on Wednesday, July 20th. The financial services provider reported $0.20 earnings per share for the quarter. The company had revenue of $11.01 million during the quarter. United Security Bancshares had a net margin of 27.32% and a return on equity of 10.25%.

United Security Bancshares Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 22nd. Shareholders of record on Friday, July 8th were issued a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a dividend yield of 6.37%. The ex-dividend date of this dividend was Thursday, July 7th. United Security Bancshares’s dividend payout ratio (DPR) is presently 63.77%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in shares of United Security Bancshares by 3.0% during the 1st quarter. Vanguard Group Inc. now owns 561,235 shares of the financial services provider’s stock valued at $4,659,000 after purchasing an additional 16,246 shares during the last quarter. American Century Companies Inc. lifted its holdings in shares of United Security Bancshares by 29.7% in the 1st quarter. American Century Companies Inc. now owns 66,340 shares of the financial services provider’s stock valued at $551,000 after acquiring an additional 15,205 shares during the last quarter. State Street Corp raised its position in United Security Bancshares by 5.6% in the 2nd quarter. State Street Corp now owns 49,027 shares of the financial services provider’s stock worth $374,000 after purchasing an additional 2,583 shares during the period. Goldman Sachs Group Inc. raised its position in United Security Bancshares by 19.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 22,364 shares of the financial services provider’s stock worth $186,000 after purchasing an additional 3,668 shares during the period. Finally, UBS Group AG raised its position in United Security Bancshares by 80.5% in the 1st quarter. UBS Group AG now owns 7,542 shares of the financial services provider’s stock worth $63,000 after purchasing an additional 3,363 shares during the period. Institutional investors own 31.79% of the company’s stock.

About United Security Bancshares

(Get Rating)

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.

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