Ritholtz Wealth Management Has $92,000 Stock Position in United Security Bancshares (NASDAQ:UBFO)

Ritholtz Wealth Management decreased its stake in United Security Bancshares (NASDAQ:UBFOFree Report) by 36.8% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 10,987 shares of the financial services provider’s stock after selling 6,400 shares during the quarter. Ritholtz Wealth Management owned 0.06% of United Security Bancshares worth $92,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Bank of America Corp DE boosted its position in shares of United Security Bancshares by 566,900.0% in the 4th quarter. Bank of America Corp DE now owns 5,670 shares of the financial services provider’s stock valued at $41,000 after purchasing an additional 5,669 shares during the period. Tower Research Capital LLC TRC boosted its position in United Security Bancshares by 4,392.7% during the 3rd quarter. Tower Research Capital LLC TRC now owns 5,526 shares of the financial services provider’s stock worth $41,000 after acquiring an additional 5,403 shares during the period. UBS Group AG boosted its position in United Security Bancshares by 80.5% during the 1st quarter. UBS Group AG now owns 7,542 shares of the financial services provider’s stock worth $63,000 after acquiring an additional 3,363 shares during the period. BHZ Capital Management LP boosted its position in United Security Bancshares by 34.8% during the 1st quarter. BHZ Capital Management LP now owns 25,488 shares of the financial services provider’s stock worth $163,000 after acquiring an additional 6,584 shares during the period. Finally, Jane Street Group LLC acquired a new stake in United Security Bancshares during the 3rd quarter worth about $181,000. Institutional investors and hedge funds own 30.88% of the company’s stock.

United Security Bancshares Trading Down 2.1 %

Shares of NASDAQ UBFO opened at $7.14 on Thursday. United Security Bancshares has a one year low of $5.50 and a one year high of $8.74. The firm has a market capitalization of $123.24 million, a PE ratio of 6.16 and a beta of 0.60. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.09. The business has a 50-day moving average price of $7.56 and a two-hundred day moving average price of $7.70.

United Security Bancshares (NASDAQ:UBFOGet Free Report) last announced its quarterly earnings data on Thursday, January 25th. The financial services provider reported $0.31 EPS for the quarter. United Security Bancshares had a return on equity of 16.99% and a net margin of 30.02%. The firm had revenue of $14.95 million during the quarter.

United Security Bancshares Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, April 22nd. Stockholders of record on Monday, April 8th will be paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 6.72%. The ex-dividend date is Friday, April 5th. United Security Bancshares’s dividend payout ratio (DPR) is presently 41.38%.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on United Security Bancshares in a research report on Thursday. They set a “hold” rating for the company.

View Our Latest Stock Report on United Security Bancshares

United Security Bancshares Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for United Security Bancshares (NASDAQ:UBFO)

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