United Security Bancshares (NASDAQ:UBFO) Earns Hold Rating from Analysts at StockNews.com

StockNews.com assumed coverage on shares of United Security Bancshares (NASDAQ:UBFO) in a research report issued to clients and investors on Saturday. The firm set a “hold” rating on the financial services provider’s stock.

United Security Bancshares Trading Up 1.8 %

United Security Bancshares stock opened at $7.35 on Friday. The firm has a 50 day moving average of $7.45 and a 200 day moving average of $7.70. The firm has a market capitalization of $127.27 million, a price-to-earnings ratio of 6.34 and a beta of 0.60. United Security Bancshares has a 12-month low of $5.50 and a 12-month high of $8.74. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.09.

United Security Bancshares (NASDAQ:UBFO) last announced its quarterly earnings data on Thursday, January 25th. The financial services provider reported $0.31 earnings per share (EPS) for the quarter. United Security Bancshares had a net margin of 30.02% and a return on equity of 16.99%. The business had revenue of $14.95 million during the quarter.

Institutional Investors Weigh In On United Security Bancshares

A number of institutional investors have recently added to or reduced their stakes in UBFO. American Century Companies Inc. grew its holdings in United Security Bancshares by 29.7% during the 1st quarter. American Century Companies Inc. now owns 66,340 shares of the financial services provider’s stock valued at $551,000 after buying an additional 15,205 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of United Security Bancshares by 3.0% in the first quarter. Vanguard Group Inc. now owns 561,235 shares of the financial services provider’s stock valued at $4,659,000 after purchasing an additional 16,246 shares in the last quarter. UBS Group AG grew its holdings in shares of United Security Bancshares by 80.5% in the first quarter. UBS Group AG now owns 7,542 shares of the financial services provider’s stock valued at $63,000 after purchasing an additional 3,363 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of United Security Bancshares by 19.6% in the first quarter. Goldman Sachs Group Inc. now owns 22,364 shares of the financial services provider’s stock valued at $186,000 after purchasing an additional 3,668 shares in the last quarter. Finally, State Street Corp grew its holdings in shares of United Security Bancshares by 5.6% in the second quarter. State Street Corp now owns 49,027 shares of the financial services provider’s stock valued at $374,000 after purchasing an additional 2,583 shares in the last quarter. 30.88% of the stock is owned by hedge funds and other institutional investors.

About United Security Bancshares

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.