United Security Bancshares (NASDAQ:UBFO) Stock Crosses Below 200-Day Moving Average - Here's What Happened

Key Points

• United Security Bancshares has crossed below its 200-day moving average, suggesting potential bearish trends; it last traded at $8.79, down from a moving average of $8.97.
• Due to recent performance, Wall Street Zen has downgraded the stocks from a "hold" to a "sell" rating.
• The company recently announced a quarterly dividend of $0.12 per share, yielding 5.46%, with a payout ratio of 72.73%.

United Security Bancshares (NASDAQ:UBFO - Get Free Report)'s share price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $8.97 and traded as low as $8.68. United Security Bancshares shares last traded at $8.79, with a volume of 23,127 shares trading hands.

Analysts Set New Price Targets

Separately, Wall Street Zen downgraded shares of United Security Bancshares from a "hold" rating to a "sell" rating in a research note on Friday, July 18th.

United Security Bancshares Trading Down 2.1%

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 company's fifty day simple moving average is $8.64 and its 200-day simple moving average is $8.96. The company has a market capitalization of $146.31 million, a P/E ratio of 12.68 and a beta of 0.36.

United Security Bancshares (NASDAQ:UBFO - Get Free Report) last released its quarterly earnings results on Thursday, July 17th. The financial services provider reported $0.13 EPS for the quarter. United Security Bancshares had a net margin of 17.07% and a return on equity of 8.46%. The business had revenue of $12.62 million during the quarter.

United Security Bancshares Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 22nd. Investors of record on Monday, July 7th were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 5.7%. The ex-dividend date was Monday, July 7th. United Security Bancshares's payout ratio is 72.73%.

Institutional Trading of United Security Bancshares

Institutional investors and hedge funds have recently bought and sold shares of the business. Cerity Partners LLC acquired a new stake in shares of United Security Bancshares in the fourth quarter valued at approximately $534,000. Barclays PLC raised its holdings in United Security Bancshares by 36.4% in the fourth quarter. Barclays PLC now owns 38,986 shares of the financial services provider's stock valued at $394,000 after buying an additional 10,410 shares during the period. Fourthstone LLC raised its holdings in United Security Bancshares by 87.3% in the fourth quarter. Fourthstone LLC now owns 321,245 shares of the financial services provider's stock valued at $3,206,000 after buying an additional 149,705 shares during the period. Dimensional Fund Advisors LP lifted its position in United Security Bancshares by 1.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 884,683 shares of the financial services provider's stock worth $8,935,000 after acquiring an additional 14,759 shares in the last quarter. Finally, Susquehanna International Group LLP lifted its position in United Security Bancshares by 242.4% during the 4th quarter. Susquehanna International Group LLP now owns 155,563 shares of the financial services provider's stock worth $1,571,000 after acquiring an additional 110,128 shares in the last quarter. 30.88% of the stock is currently owned by hedge funds and other institutional investors.

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.