United Security Bancshares (NASDAQ:UBFO) Research Coverage Started at StockNews.com

Equities research analysts at StockNews.com started coverage on shares of United Security Bancshares (NASDAQ:UBFO) in a report released on Sunday. The firm set a “hold” rating on the financial services provider’s stock.

United Security Bancshares Price Performance

United Security Bancshares stock opened at $7.40 on Friday. The firm has a market capitalization of $128.17 million, a PE ratio of 7.12 and a beta of 0.60. The company’s 50-day moving average is $7.45 and its 200-day moving average is $7.71. United Security Bancshares has a fifty-two week low of $5.50 and a fifty-two week high of $8.74. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.89 and a quick ratio of 0.89.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Bridgewealth Advisory Group LLC grew its stake in United Security Bancshares by 3.8% in the 3rd quarter. Bridgewealth Advisory Group LLC now owns 1,193,088 shares of the financial services provider’s stock valued at $8,877,000 after buying an additional 44,182 shares during the last quarter. Kennedy Capital Management LLC grew its stake in United Security Bancshares by 8.8% in the 3rd quarter. Kennedy Capital Management LLC now owns 58,454 shares of the financial services provider’s stock valued at $435,000 after buying an additional 4,749 shares during the last quarter. Planning Center Inc. acquired a new position in United Security Bancshares in the 4th quarter valued at about $303,000. Kestra Private Wealth Services LLC acquired a new position in United Security Bancshares in the 3rd quarter valued at about $250,000. Finally, O Shaughnessy Asset Management LLC grew its stake in United Security Bancshares by 13.6% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 32,848 shares of the financial services provider’s stock valued at $244,000 after buying an additional 3,933 shares during the last quarter. Institutional investors and hedge funds own 30.88% of the company’s stock.

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.