Jane Street Group LLC Buys New Position in United Security Bancshares (NASDAQ:UBFO)

Jane Street Group LLC bought a new stake in shares of United Security Bancshares (NASDAQ:UBFO) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 17,394 shares of the financial services provider’s stock, valued at approximately $176,000. Jane Street Group LLC owned approximately 0.10% of United Security Bancshares at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in UBFO. Y Intercept Hong Kong Ltd acquired a new position in shares of United Security Bancshares in the fourth quarter valued at about $120,000. Schonfeld Strategic Advisors LLC acquired a new position in shares of United Security Bancshares in the fourth quarter valued at about $159,000. Northern Trust Corp increased its holdings in shares of United Security Bancshares by 11.1% in the fourth quarter. Northern Trust Corp now owns 25,742 shares of the financial services provider’s stock valued at $260,000 after purchasing an additional 2,574 shares during the period. Barclays PLC boosted its stake in shares of United Security Bancshares by 36.4% in the fourth quarter. Barclays PLC now owns 38,986 shares of the financial services provider’s stock worth $394,000 after buying an additional 10,410 shares during the last quarter. Finally, Empowered Funds LLC boosted its stake in shares of United Security Bancshares by 4.8% in the fourth quarter. Empowered Funds LLC now owns 51,540 shares of the financial services provider’s stock worth $514,000 after buying an additional 2,339 shares during the last quarter. 30.88% of the stock is owned by institutional investors and hedge funds.

United Security Bancshares Stock Up 4.6%

Shares of UBFO opened at $8.62 on Friday. United Security Bancshares has a 52 week low of $7.07 and a 52 week high of $10.49. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $150.64 million, a price-to-earnings ratio of 10.02 and a beta of 0.37. The stock’s 50-day moving average price is $8.54 and its 200-day moving average price is $9.31.

United Security Bancshares (NASDAQ:UBFO) last issued its earnings results on Thursday, April 17th. The financial services provider reported $0.16 EPS for the quarter. United Security Bancshares had a return on equity of 11.54% and a net margin of 22.58%. The firm had revenue of $13.66 million for the quarter.

United Security Bancshares Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 22nd. Stockholders of record on Monday, April 7th were paid a $0.12 dividend. The ex-dividend date was Monday, April 7th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 5.57%. United Security Bancshares’s payout ratio is 61.54%.

United Security Bancshares 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.