Cerity Partners LLC bought a new position in shares of United Security Bancshares (NASDAQ:UBFO - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 52,872 shares of the financial services provider's stock, valued at approximately $534,000. Cerity Partners LLC owned 0.31% of United Security Bancshares as of its most recent SEC filing.
Several other hedge funds have also modified their holdings of UBFO. Y Intercept Hong Kong Ltd acquired a new stake in United Security Bancshares during the fourth quarter valued at $120,000. Miracle Mile Advisors LLC lifted its holdings in shares of United Security Bancshares by 43.8% during the 4th quarter. Miracle Mile Advisors LLC now owns 23,000 shares of the financial services provider's stock valued at $232,000 after buying an additional 7,000 shares during the last quarter. Barclays PLC grew its stake in shares of United Security Bancshares by 12.5% in the 3rd quarter. Barclays PLC now owns 28,576 shares of the financial services provider's stock valued at $248,000 after buying an additional 3,171 shares in the last quarter. Empowered Funds LLC increased its holdings in United Security Bancshares by 4.8% in the fourth quarter. Empowered Funds LLC now owns 51,540 shares of the financial services provider's stock worth $514,000 after buying an additional 2,339 shares during the last quarter. Finally, Geode Capital Management LLC raised its position in United Security Bancshares by 11.2% during the third quarter. Geode Capital Management LLC now owns 145,776 shares of the financial services provider's stock valued at $1,270,000 after acquiring an additional 14,668 shares in the last quarter. 30.88% of the stock is owned by hedge funds and other institutional investors.
United Security Bancshares Stock Down 0.3 %
United Security Bancshares stock traded down $0.03 during mid-day trading on Friday, hitting $8.73. 18,765 shares of the company's stock were exchanged, compared to its average volume of 25,410. United Security Bancshares has a 1-year low of $7.02 and a 1-year high of $10.49. The stock has a 50 day moving average of $8.82 and a two-hundred day moving average of $9.31. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.09. The stock has a market cap of $152.57 million, a P/E ratio of 10.15 and a beta of 0.37.
United Security Bancshares (NASDAQ:UBFO - Get Free Report) last posted its quarterly earnings data on Thursday, April 17th. The financial services provider reported $0.16 earnings per share (EPS) for the quarter. The business had revenue of $13.66 million during the quarter. United Security Bancshares had a net margin of 22.58% and a return on equity of 11.54%.
United Security Bancshares Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 22nd. Shareholders of record on Monday, April 7th were given a $0.12 dividend. The ex-dividend date was Monday, April 7th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 5.50%. United Security Bancshares's dividend payout ratio is currently 61.54%.
About United Security Bancshares
(
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.
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