StockNews.com initiated a hedge on the shares of United Security Bankshares (NASDAQ: UBFO – Get a rating) in a research report delivered Wednesday to clients and investors. The company has set a “hold” rating on the shares of the financial services provider.
United Security Banc shares opened at $8.01 on Wednesday. United Security Bancshares has a 12-month low of $7.64 and a 12-month high of $8.74. The company has a debt ratio of 0.09, a current ratio of 0.92 and a quick ratio of 0.92. The company’s 50-day moving average is $8.30. The stock has a market capitalization of $136.44 million, a PE ratio of 12.32 and a beta of 0.76.
United Security Bankshares (NASDAQ: UBFO – Get a rating) last released its quarterly earnings data on Wednesday, January 26. The financial services provider reported earnings per share (EPS) of $0.20 for the quarter. The company had revenue of $10.67 million in the quarter. United Security Bancshares had a return on equity of 9.33% and a net margin of 26.16%.
A number of institutional investors have recently bought and sold shares of the company. Elizabeth Park Capital Advisors Ltd. increased its holdings in United Security Bancshares by 3.2% in the fourth quarter. Elizabeth Park Capital Advisors Ltd. now owns 420,179 shares of the financial services provider valued at $3,412,000 after purchasing an additional 13,157 shares in the last quarter. Strategic Value Bank Partners LLC acquired a new stake in United Security Bancshares in the fourth quarter valued at $7,572,000. American Century Companies Inc. increased its holdings in United Security Bancshares by 38.2% in the fourth quarter. American Century Companies Inc. now owns 51,135 shares of the financial services provider valued at $415,000 after buying an additional 14,132 shares in the last quarter. Private Wealth Advisors LLC increased its stake in United Security Bancshares shares by 2.4% during the third quarter. Private Wealth Advisors LLC now owns 91,001 shares of the financial services provider valued at $719,000 after acquiring 2,118 additional shares in the last quarter. Finally, UBS Group AG increased its equity stake in United Security Bancshares by 39.4% during the third quarter. UBS Group AG now owns 5,825 shares of the financial services provider valued at $46,000 after acquiring an additional 1,646 shares in the last quarter. 31.16% of the shares are currently held by institutional investors.
United Security Bancshares Company Profile (Get a rating)
United Security Bancshares operates as a bank holding company for United Security Bank, a state-chartered bank that provides a range of commercial banking services to businesses and the professional community, as well as individuals in California. The Company accepts a variety of deposit products, including personal and business checking accounts, savings accounts, interest-bearing negotiable promissory withdrawal accounts, money market accounts and term deposit certificates.
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