United Security Bancshares (NASDAQ:UBFO) Share Price Passes Below Two Hundred Day Moving Average of $7.70

United Security Bancshares (NASDAQ:UBFO)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $7.70 and traded as low as $7.15. United Security Bancshares shares last traded at $7.35, with a volume of 6,945 shares traded.

Analyst Ratings Changes

Separately, StockNews.com started coverage on shares of United Security Bancshares in a research report on Saturday. They set a “hold” rating for the company.

United Security Bancshares Trading Up 1.8 %

The business’s fifty day simple moving average is $7.45 and its 200 day simple moving average is $7.70. 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 stock has a market cap of $127.27 million, a P/E ratio of 6.34 and a beta of 0.60.

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

United Security Bancshares Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 22nd. Stockholders of record on Monday, April 8th will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 6.53%. The ex-dividend date of this dividend is Friday, April 5th. United Security Bancshares’s dividend payout ratio (DPR) is presently 41.38%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Barclays PLC boosted its stake in shares of United Security Bancshares by 14.9% in the 3rd quarter. Barclays PLC now owns 29,191 shares of the financial services provider’s stock valued at $217,000 after purchasing an additional 3,786 shares during the last quarter. Kennedy Capital Management LLC boosted its stake in United Security Bancshares by 8.8% during the 3rd quarter. Kennedy Capital Management LLC now owns 58,454 shares of the financial services provider’s stock worth $435,000 after acquiring an additional 4,749 shares during the last quarter. Planning Center Inc. bought a new position in United Security Bancshares during the 4th quarter worth approximately $303,000. O Shaughnessy Asset Management LLC boosted its stake in United Security Bancshares by 13.6% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 32,848 shares of the financial services provider’s stock worth $244,000 after acquiring an additional 3,933 shares during the last quarter. Finally, Bridgewealth Advisory Group LLC boosted its stake 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. Institutional investors own 30.88% of the company’s stock.

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.