United Security Bancshares (NASDAQ:UBFO) Holdings Raised by Bridgewealth Advisory Group LLC

Bridgewealth Advisory Group LLC increased its holdings in United Security Bancshares (NASDAQ:UBFO - Free Report) by 2.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,217,932 shares of the financial services provider's stock after purchasing an additional 29,581 shares during the period. United Security Bancshares accounts for 3.5% of Bridgewealth Advisory Group LLC's investment portfolio, making the stock its 8th biggest position. Bridgewealth Advisory Group LLC owned about 7.03% of United Security Bancshares worth $12,265,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Empowered Funds LLC boosted 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 valued at $514,000 after acquiring an additional 2,339 shares during the last quarter. Northern Trust Corp raised its holdings in shares of United Security Bancshares by 11.1% in the 4th 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 period. Barclays PLC grew its holdings in shares of United Security Bancshares by 12.5% during the 3rd quarter. Barclays PLC now owns 28,576 shares of the financial services provider's stock worth $248,000 after purchasing an additional 3,171 shares during the period. Miracle Mile Advisors LLC increased its position in 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 worth $232,000 after purchasing an additional 7,000 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd purchased a new position in United Security Bancshares in the fourth quarter valued at approximately $120,000. 30.88% of the stock is currently owned by institutional investors and hedge funds.

United Security Bancshares Trading Up 4.2 %

UBFO traded up $0.38 during trading on Friday, hitting $9.34. 31,966 shares of the company's stock were exchanged, compared to its average volume of 25,730. United Security Bancshares has a 1 year low of $7.07 and a 1 year high of $10.49. The stock has a 50 day moving average price of $8.73 and a 200 day moving average price of $9.34. The firm has a market cap of $163.23 million, a P/E ratio of 10.86 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 announced its quarterly earnings results on Thursday, April 17th. The financial services provider reported $0.16 earnings per share (EPS) for the quarter. The firm had revenue of $13.66 million during the quarter. United Security Bancshares had a return on equity of 11.54% and a net margin of 22.58%.

United Security Bancshares Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 22nd. Investors of record on Monday, April 7th were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 5.14%. The ex-dividend date of this dividend was Monday, April 7th. United Security Bancshares's dividend payout ratio (DPR) is presently 61.54%.

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.