United Security Bancshares (NASDAQ:UBFO) Stock Price Passes Below 200-Day Moving Average - Time to Sell?

United Security Bancshares (NASDAQ:UBFO - Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $9.13 and traded as low as $9.07. United Security Bancshares shares last traded at $9.27, with a volume of 27,325 shares.

United Security Bancshares Stock Performance

The company has a debt-to-equity ratio of 0.09, a current ratio of 0.92 and a quick ratio of 0.92. The firm has a market cap of $155.22 million, a price-to-earnings ratio of 11.38 and a beta of 0.36. The firm has a fifty day simple moving average of $8.73 and a two-hundred day simple moving average of $9.10.

United Security Bancshares (NASDAQ:UBFO - Get Free Report) last issued its quarterly earnings results on Thursday, April 17th. The financial services provider reported $0.16 earnings per share for the quarter. The business had revenue of $13.66 million during the quarter. United Security Bancshares had a return on equity of 10.17% and a net margin of 20.10%.

United Security Bancshares Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 22nd. Shareholders of record on Monday, July 7th will be issued a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 5.41%. The ex-dividend date of this dividend is Monday, July 7th. United Security Bancshares's dividend payout ratio is presently 61.54%.

Institutional Investors Weigh In On United Security Bancshares

A number of institutional investors and hedge funds have recently modified their holdings of UBFO. Bank of America Corp DE lifted its holdings in shares of United Security Bancshares by 1,292.4% during the fourth 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 during the period. Balyasny Asset Management L.P. acquired a new stake in shares of United Security Bancshares during the fourth quarter worth about $108,000. Global Wealth Management Investment Advisory Inc. acquired a new stake in shares of United Security Bancshares during the first quarter worth about $110,000. Y Intercept Hong Kong Ltd lifted its holdings in shares of United Security Bancshares by 20.6% during 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 during the period. Finally, Schonfeld Strategic Advisors LLC acquired a new stake in shares of United Security Bancshares during the fourth quarter worth about $159,000. Institutional investors and hedge funds own 30.88% of the company's stock.

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.