Susquehanna International Group LLP raised its holdings in United Security Bancshares (NASDAQ:UBFO - Free Report) by 242.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 155,563 shares of the financial services provider's stock after purchasing an additional 110,128 shares during the period. Susquehanna International Group LLP owned about 0.90% of United Security Bancshares worth $1,571,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also made changes to their positions in UBFO. Barclays PLC lifted its position 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 valued at $248,000 after buying an additional 3,171 shares in the last quarter. Y Intercept Hong Kong Ltd acquired a new position in United Security Bancshares during the fourth quarter worth $120,000. Miracle Mile Advisors LLC grew its position in shares of United Security Bancshares by 43.8% in the fourth quarter. Miracle Mile Advisors LLC now owns 23,000 shares of the financial services provider's stock valued at $232,000 after purchasing an additional 7,000 shares during the period. Empowered Funds LLC grew its position in shares of 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 purchasing an additional 2,339 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in shares of United Security Bancshares by 1.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 884,683 shares of the financial services provider's stock worth $8,935,000 after purchasing an additional 14,759 shares in the last quarter. 30.88% of the stock is currently owned by hedge funds and other institutional investors.
United Security Bancshares Stock Up 1.4%
UBFO opened at $9.19 on Tuesday. The company has a market cap of $160.60 million, a PE ratio of 10.69 and a beta of 0.37. United Security Bancshares has a twelve month low of $7.07 and a twelve month high of $10.49. The company has a 50-day moving average price of $8.67 and a 200 day moving average price of $9.36. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.09.
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 EPS for the quarter. The company 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 company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 22nd. Investors of record on Monday, April 7th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 5.22%. The ex-dividend date was Monday, April 7th. 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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