United Security Bancshares (NASDAQ:UBFO) Stock Price Passes Below 200 Day Moving Average - Here's Why
United Security Bancshares (NASDAQ:UBFO) stock has fallen below its 200-day moving average of $9.36, trading at $8.71 with a volume of 19,111 shares. The company reported $0.16 EPS for the last quarter, with a net margin of 22.58% and a market cap of $152.22 million. It recently announced a quarterly dividend of $0.12, yielding 5.51%. Institutional investors hold 30.88% of the stock, with notable increases in holdings from several firms in the last quarter.
Shares of United Security Bancshares (NASDAQ:UBFO - Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $9.36 and traded as low as $8.66. United Security Bancshares shares last traded at $8.71, with a volume of 19,111 shares.
United Security Bancshares Price Performance
The company has a debt-to-equity ratio of 0.09, a current ratio of 0.92 and a quick ratio of 0.92. The stock has a market capitalization of $152.22 million, a PE ratio of 10.13 and a beta of 0.37. The firm's 50 day simple moving average is $8.63 and its 200 day simple moving average is $9.36.
United Security Bancshares (NASDAQ:UBFO - Get Free Report) last issued its earnings results on Thursday, April 17th. The financial services provider reported $0.16 earnings per share (EPS) for the quarter. United Security Bancshares had a net margin of 22.58% and a return on equity of 11.54%. The firm had revenue of $13.66 million for the quarter.
United Security Bancshares Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, April 22nd. Stockholders of record on Monday, April 7th were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 5.51%. The ex-dividend date was Monday, April 7th. United Security Bancshares's dividend payout ratio is 61.54%.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the company. Bridgewealth Advisory Group LLC grew its holdings in shares of United Security Bancshares by 2.5% in the fourth quarter. Bridgewealth Advisory Group LLC now owns 1,217,932 shares of the financial services provider's stock worth $12,265,000 after purchasing an additional 29,581 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in United Security Bancshares by 1.7% in 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 acquiring an additional 14,759 shares in the last quarter. Fourthstone LLC boosted 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 acquiring an additional 149,705 shares in the last quarter. Susquehanna International Group LLP boosted its holdings in 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 acquiring an additional 110,128 shares in the last quarter. Finally, Rhino Investment Partners Inc bought a new stake in United Security Bancshares in the fourth quarter valued at $845,000. Institutional investors own 30.88% of the company's stock.
About United Security Bancshares
(Get Free Report)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.
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