United Security Bancshares (NASDAQ:UBFO - Get Free Report) Director G Thompson Ellithorpe bought 1,949 shares of the firm's stock in a transaction dated Thursday, May 29th. The shares were acquired at an average price of $9.79 per share, for a total transaction of $19,080.71. Following the completion of the transaction, the director now owns 88,554 shares in the company, valued at $866,943.66. This represents a 2.25% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink.
United Security Bancshares Price Performance
UBFO stock traded down $0.09 during trading on Friday, hitting $8.60. The company had a trading volume of 10,896 shares, compared to its average volume of 26,850. The company has a fifty day moving average price of $8.60 and a two-hundred day moving average price of $9.34. United Security Bancshares has a fifty-two week low of $7.07 and a fifty-two week high of $10.49. The company has a market cap of $150.29 million, a P/E ratio of 10.00 and a beta of 0.37. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.09.
United Security Bancshares (NASDAQ:UBFO - Get Free Report) last issued its quarterly earnings data on Thursday, April 17th. The financial services provider reported $0.16 earnings per share (EPS) for the quarter. United Security Bancshares had a return on equity of 11.54% and a net margin of 22.58%. The company had revenue of $13.66 million during the quarter.
United Security Bancshares Dividend Announcement
The company also recently declared 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 yield of 5.58%. United Security Bancshares's dividend payout ratio (DPR) is presently 61.54%.
Institutional Trading of United Security Bancshares
Several large investors have recently added to or reduced their stakes in UBFO. Empowered Funds LLC grew its position in United Security Bancshares by 4.8% during the 4th quarter. Empowered Funds LLC now owns 51,540 shares of the financial services provider's stock worth $514,000 after acquiring an additional 2,339 shares during the last quarter. Y Intercept Hong Kong Ltd boosted its stake in United Security Bancshares by 20.6% in the first quarter. Y Intercept Hong Kong Ltd now owns 14,360 shares of the financial services provider's stock worth $129,000 after purchasing an additional 2,452 shares in the last quarter. Northern Trust Corp grew its holdings in shares of United Security Bancshares by 11.1% during the fourth quarter. Northern Trust Corp now owns 25,742 shares of the financial services provider's stock worth $260,000 after purchasing an additional 2,574 shares during the last quarter. Bank of America Corp DE increased its position in United Security Bancshares by 1,292.4% in the 4th quarter. Bank of America Corp DE now owns 3,648 shares of the financial services provider's stock valued at $37,000 after acquiring an additional 3,386 shares in the last quarter. Finally, Barclays PLC raised its stake in shares of United Security Bancshares by 36.4% in the fourth quarter. Barclays PLC now owns 38,986 shares of the financial services provider's stock worth $394,000 after acquiring an additional 10,410 shares during the last quarter. 30.88% of the stock is owned by institutional investors.
About United Security Bancshares
(
Get 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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