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

Analysts at StockNews.com assumed coverage on shares of United Security Bancshares (NASDAQ:UBFO) in a research report issued on Saturday. The firm set a “hold” rating on the financial services provider’s stock.

United Security Bancshares Price Performance

Shares of NASDAQ:UBFO opened at $7.35 on Friday. The firm has a 50 day moving average of $7.45 and a 200-day moving average of $7.70. The stock has a market capitalization of $127.27 million, a PE ratio of 6.34 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. United Security Bancshares has a 12 month low of $5.50 and a 12 month high of $8.74.

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

Hedge Funds Weigh In On United Security Bancshares

A number of institutional investors have recently added to or reduced their stakes in UBFO. Bridgewealth Advisory Group LLC grew its holdings in United Security Bancshares by 3.8% during the 3rd quarter. Bridgewealth Advisory Group LLC now owns 1,193,088 shares of the financial services provider’s stock worth $8,877,000 after acquiring an additional 44,182 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in United Security Bancshares by 1.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 863,517 shares of the financial services provider’s stock worth $5,509,000 after acquiring an additional 16,039 shares during the last quarter. Vanguard Group Inc. grew its holdings in 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 worth $4,659,000 after acquiring an additional 16,246 shares during the last quarter. Alliancebernstein L.P. grew its holdings in United Security Bancshares by 20.6% during the 2nd quarter. Alliancebernstein L.P. now owns 173,621 shares of the financial services provider’s stock worth $1,156,000 after acquiring an additional 29,660 shares during the last quarter. Finally, Bridgeway Capital Management LLC grew its holdings in United Security Bancshares by 2.9% during the 4th quarter. Bridgeway Capital Management LLC now owns 126,499 shares of the financial services provider’s stock worth $1,064,000 after acquiring an additional 3,624 shares during the last quarter. 30.88% of the stock is currently 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.