United Security Bancshares (NASDAQ:UBFO) Now Covered by StockNews.com

Analysts at StockNews.com initiated coverage on shares of United Security Bancshares (NASDAQ:UBFO) in a report issued on Monday. The brokerage set a “hold” rating on the financial services provider’s stock.

United Security Bancshares Stock Performance

Shares of UBFO stock opened at $7.26 on Monday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.89 and a current ratio of 0.89. The company has a market capitalization of $125.74 million, a price-to-earnings ratio of 6.98 and a beta of 0.62. United Security Bancshares has a one year low of $5.62 and a one year high of $8.74. The company’s 50-day moving average is $7.41 and its 200 day moving average is $7.72.

United Security Bancshares (NASDAQ:UBFO) last released its quarterly earnings data on Thursday, April 18th. The financial services provider reported $0.24 EPS for the quarter. United Security Bancshares had a return on equity of 15.14% and a net margin of 27.07%. The company had revenue of $12.77 million during the quarter.

Institutional Trading of United Security Bancshares

Several institutional investors and hedge funds have recently added to or reduced their stakes in UBFO. Bridgewealth Advisory Group LLC increased its position in United Security Bancshares by 3.8% during the third quarter. Bridgewealth Advisory Group LLC now owns 1,193,088 shares of the financial services provider’s stock valued at $8,877,000 after acquiring an additional 44,182 shares during the last quarter. Planning Center Inc. bought a new stake in United Security Bancshares in the fourth quarter worth about $303,000. Kestra Private Wealth Services LLC purchased a new position in shares of United Security Bancshares during the third quarter valued at approximately $250,000. Miracle Mile Advisors LLC bought a new position in shares of United Security Bancshares during the first quarter valued at approximately $108,000. Finally, Kennedy Capital Management LLC raised its holdings in shares of United Security Bancshares by 8.8% in the third quarter. Kennedy Capital Management LLC now owns 58,454 shares of the financial services provider’s stock worth $435,000 after buying an additional 4,749 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.