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

StockNews.com started coverage on shares of United Security Bancshares (NASDAQ:UBFO - Free Report) in a research report sent to investors on Friday morning. The brokerage issued a hold rating on the financial services provider's stock.

United Security Bancshares Stock Down 0.8 %

Shares of UBFO traded down $0.06 on Friday, hitting $7.36. 4,960 shares of the stock traded hands, compared to its average volume of 15,477. United Security Bancshares has a one year low of $5.50 and a one year high of $8.74. The company has a market capitalization of $127.48 million, a PE ratio of 6.34 and a beta of 0.60. The business has a 50 day simple moving average of $7.46 and a 200 day simple moving average of $7.70. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.89 and a current ratio of 0.89.

United Security Bancshares (NASDAQ:UBFO - Get Free Report) last posted its earnings results 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 business had revenue of $14.95 million during the quarter.

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 dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, April 5th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 6.52%. United Security Bancshares's dividend payout ratio is 41.38%.

Institutional Trading of United Security Bancshares

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. American Century Companies Inc. raised its stake in shares of United Security Bancshares by 29.7% during the first quarter. American Century Companies Inc. now owns 66,340 shares of the financial services provider's stock valued at $551,000 after acquiring an additional 15,205 shares in the last quarter. Vanguard Group Inc. lifted its stake in United Security Bancshares by 3.0% in the first 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 period. UBS Group AG boosted its stake in shares of United Security Bancshares by 80.5% during the first quarter. UBS Group AG now owns 7,542 shares of the financial services provider's stock valued at $63,000 after purchasing an additional 3,363 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in United Security Bancshares by 19.6% in the first quarter. Goldman Sachs Group Inc. now owns 22,364 shares of the financial services provider's stock worth $186,000 after buying an additional 3,668 shares in the last quarter. Finally, State Street Corp lifted its holdings in United Security Bancshares by 5.6% during the second quarter. State Street Corp now owns 49,027 shares of the financial services provider's stock worth $374,000 after buying an additional 2,583 shares during the period. Hedge funds and other institutional investors own 30.88% of the company's stock.

About United Security Bancshares

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.