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

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

United Security Bancshares Stock Performance

Shares of UBFO opened at $7.93 on Tuesday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.92 and a current ratio of 0.92. The company has a market capitalization of $137.35 million, a price-to-earnings ratio of 7.63 and a beta of 0.59. The company’s 50 day simple moving average is $7.53 and its 200 day simple moving average is $7.44. United Security Bancshares has a 1 year low of $6.78 and a 1 year high of $8.74.

United Security Bancshares (NASDAQ:UBFO) last announced its quarterly earnings data on Thursday, July 18th. The financial services provider reported $0.25 earnings per share (EPS) for the quarter. The business had revenue of $13.04 million for the quarter. United Security Bancshares had a net margin of 26.73% and a return on equity of 14.48%.

Insider Transactions at United Security Bancshares

In other United Security Bancshares news, Director Jagroop Gill acquired 140,384 shares of the company’s stock in a transaction dated Wednesday, July 24th. The stock was bought at an average price of $7.96 per share, with a total value of $1,117,456.64. Following the completion of the transaction, the director now directly owns 1,220,051 shares of the company’s stock, valued at $9,711,605.96. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders acquired 157,778 shares of company stock valued at $1,243,870 over the last 90 days. Corporate insiders own 20.10% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Private Wealth Advisors LLC boosted its stake in shares of United Security Bancshares by 1.6% in the second quarter. Private Wealth Advisors LLC now owns 81,811 shares of the financial services provider’s stock valued at $591,000 after purchasing an additional 1,299 shares during the period. Salzhauer Michael boosted its stake in United Security Bancshares by 6.7% during the 1st quarter. Salzhauer Michael now owns 27,071 shares of the financial services provider’s stock valued at $209,000 after acquiring an additional 1,700 shares during the last quarter. Empowered Funds LLC boosted its stake in United Security Bancshares by 7.8% during the 1st quarter. Empowered Funds LLC now owns 43,549 shares of the financial services provider’s stock valued at $336,000 after acquiring an additional 3,150 shares during the last quarter. Miracle Mile Advisors LLC bought a new position in United Security Bancshares during the 1st quarter valued at $108,000. Finally, Vanguard Group Inc. boosted its stake in United Security Bancshares by 2.7% during the 1st quarter. Vanguard Group Inc. now owns 558,965 shares of the financial services provider’s stock valued at $4,310,000 after acquiring an additional 14,472 shares during the last quarter. 30.88% of the stock is currently owned by hedge funds and other institutional investors.

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.