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

United Security Bancshares (NASDAQ:UBFO - Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $9.06 and traded as low as $8.70. United Security Bancshares shares last traded at $8.87, with a volume of 14,147 shares changing hands.

United Security Bancshares Stock Performance

The firm has a 50-day simple moving average of $8.69 and a two-hundred day simple moving average of $9.04. 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 has a market capitalization of $150.68 million, a price-to-earnings ratio of 11.05 and a beta of 0.36.

United Security Bancshares (NASDAQ:UBFO - Get Free Report) last announced its quarterly earnings data on Thursday, July 17th. The financial services provider reported $0.13 earnings per share (EPS) for the quarter. The business had revenue of $12.62 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 business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 22nd. Stockholders of record on Monday, July 7th will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 5.57%. The ex-dividend date is Monday, July 7th. United Security Bancshares's payout ratio is presently 61.54%.

Hedge Funds Weigh In On United Security Bancshares

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Bank of America Corp DE boosted its stake in shares of United Security Bancshares by 1,292.4% in the 4th quarter. Bank of America Corp DE now owns 3,648 shares of the financial services provider's stock valued at $37,000 after buying an additional 3,386 shares during the period. Balyasny Asset Management L.P. purchased a new position in shares of United Security Bancshares in the 4th quarter valued at about $108,000. Global Wealth Management Investment Advisory Inc. purchased a new stake in United Security Bancshares during the first quarter worth approximately $110,000. Y Intercept Hong Kong Ltd lifted its stake in 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 last quarter. Finally, Schonfeld Strategic Advisors LLC purchased a new stake in United Security Bancshares during the fourth quarter worth approximately $159,000. 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.