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

Key Points

• United Security Bancshares' stock has fallen below its 200-day moving average, currently trading at $8.78 compared to a moving average of $8.91.
• Wall Street analysts downgraded the stock from a "hold" rating to a "sell" rating, signaling concerns about its future growth potential.
• The company recently announced a $0.12 quarterly dividend, representing a yield of 5.5%, with a dividend payout ratio of 72.73%.

United Security Bancshares (NASDAQ:UBFO - Get Free Report) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $8.91 and traded as low as $8.70. United Security Bancshares shares last traded at $8.78, with a volume of 18,268 shares changing hands.

Analyst Upgrades and Downgrades

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

United Security Bancshares Stock Up 1.7%

The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.09. The stock has a 50-day simple moving average of $8.63 and a two-hundred day simple moving average of $8.88. The firm has a market cap of $160.73 million, a PE ratio of 13.95 and a beta of 0.39.

United Security Bancshares (NASDAQ:UBFO - Get Free Report) last posted its quarterly earnings results on Thursday, July 17th. The financial services provider reported $0.13 earnings per share (EPS) for the quarter. United Security Bancshares had a return on equity of 8.43% and a net margin of 17.07%. The business had revenue of $12.62 million for the quarter.

United Security Bancshares Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 22nd. Investors of record on Monday, July 7th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 5.2%. The ex-dividend date was Monday, July 7th. United Security Bancshares's dividend payout ratio (DPR) is presently 72.73%.

Insider Buying and Selling

In related news, Director Jagroop Gill bought 55,814 shares of the company's stock in a transaction on Thursday, August 7th. The shares were acquired at an average cost of $8.34 per share, with a total value of $465,488.76. Following the completion of the acquisition, the director owned 1,281,347 shares of the company's stock, valued at $10,686,433.98. The trade was a 4.55% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 22.10% of the stock is owned by insiders.

Hedge Funds Weigh In On United Security Bancshares

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