United Security Bancshares (NASDAQ:UBFO - Get Free Report) released its earnings results on Thursday. The financial services provider reported $0.13 earnings per share for the quarter, Zacks reports. United Security Bancshares had a net margin of 20.10% and a return on equity of 10.17%.
United Security Bancshares Stock Performance
Shares of UBFO stock traded up $0.12 during midday trading on Thursday, hitting $8.72. 32,196 shares of the company were exchanged, compared to its average volume of 33,156. The firm has a market capitalization of $152.43 million, a P/E ratio of 11.18 and a beta of 0.36. 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 firm's 50 day moving average price is $8.69 and its two-hundred day moving average price is $9.05. United Security Bancshares has a 52 week low of $7.27 and a 52 week high of $10.49.
United Security Bancshares Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 22nd. Stockholders of record on Monday, July 7th will be given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 5.50%. The ex-dividend date is Monday, July 7th. United Security Bancshares's dividend payout ratio (DPR) is presently 61.54%.
Institutional Trading of United Security Bancshares
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Bank of America Corp DE raised its stake 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 worth $37,000 after purchasing an additional 3,386 shares in the last quarter. Jane Street Group LLC raised its stake in United Security Bancshares by 167.3% in the 1st quarter. Jane Street Group LLC now owns 46,490 shares of the financial services provider's stock worth $417,000 after purchasing an additional 29,096 shares in the last quarter. Empowered Funds LLC raised its stake in United Security Bancshares by 7.9% in the 1st quarter. Empowered Funds LLC now owns 55,608 shares of the financial services provider's stock worth $498,000 after purchasing an additional 4,068 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in United Security Bancshares by 64.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 59,523 shares of the financial services provider's stock worth $533,000 after purchasing an additional 23,284 shares in the last quarter. Institutional investors own 30.88% of the company's stock.
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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