United Security Bancshares (NASDAQ:UBFO) Stock Price Passes Below 200-Day Moving Average - Here's Why

United Security Bancshares (NASDAQ:UBFO - Get Free Report) shares passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $9.18 and traded as low as $8.21. United Security Bancshares shares last traded at $8.28, with a volume of 48,661 shares.

United Security Bancshares Stock Performance

The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.09. The company has a market cap of $150.15 million, a PE ratio of 11.01 and a beta of 0.37. The business's fifty day moving average is $8.68 and its 200-day moving average is $9.15.

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 earnings per share (EPS) for the quarter. The company had revenue of $13.66 million for the quarter. United Security Bancshares had a net margin of 20.10% and a return on equity of 10.17%.

United Security Bancshares Announces Dividend

The company 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 dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 5.59%. The ex-dividend date of this dividend is Monday, July 7th. United Security Bancshares's dividend payout ratio is currently 61.54%.

Hedge Funds Weigh In On United Security Bancshares

Several large investors have recently added to or reduced their stakes in UBFO. Y Intercept Hong Kong Ltd purchased a new position in United Security Bancshares during the fourth quarter valued at approximately $120,000. Cerity Partners LLC purchased a new position in United Security Bancshares during the fourth quarter valued at approximately $534,000. Barclays PLC lifted its holdings in United Security Bancshares by 36.4% during the fourth quarter. Barclays PLC now owns 38,986 shares of the financial services provider's stock valued at $394,000 after purchasing an additional 10,410 shares in the last quarter. Fourthstone LLC raised its position in shares of United Security Bancshares by 87.3% during 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 last quarter. Finally, Dimensional Fund Advisors LP raised its position 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 valued at $8,935,000 after buying an additional 14,759 shares during the last quarter. Hedge funds and other 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.