United Security Bancshares (NASDAQ:UBFO) Stock Price Crosses Below 200 Day Moving Average – Here’s What Happened

United Security Bancshares (NASDAQ:UBFO)’s stock price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $9.30 and traded as low as $8.95. United Security Bancshares shares last traded at $9.09, with a volume of 21,307 shares changing hands.

United Security Bancshares Stock Performance

The company has a market cap of $159.03 million, a PE ratio of 10.67 and a beta of 0.54. 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 50-day moving average of $9.69 and a 200-day moving average of $9.31.

United Security Bancshares (NASDAQ:UBFO) last issued its quarterly earnings results on Monday, January 27th. The financial services provider reported $0.15 EPS for the quarter. United Security Bancshares had a return on equity of 11.54% and a net margin of 22.58%.

United Security Bancshares Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Thursday, January 2nd were paid a $0.12 dividend. The ex-dividend date was Thursday, January 2nd. This represents a $0.48 annualized dividend and a dividend yield of 5.23%. United Security Bancshares’s payout ratio is presently 55.81%.

Institutional Trading of United Security Bancshares

Several hedge funds have recently made changes to their positions in UBFO. Fourthstone LLC raised its stake in shares of United Security Bancshares by 87.3% during the 4th quarter. Fourthstone LLC now owns 321,245 shares of the financial services provider’s stock valued at $3,206,000 after purchasing an additional 149,705 shares during the period. Susquehanna International Group LLP raised its stake in shares of United Security Bancshares by 242.4% during the 4th quarter. Susquehanna International Group LLP now owns 155,563 shares of the financial services provider’s stock valued at $1,571,000 after purchasing an additional 110,128 shares during the period. Rhino Investment Partners Inc bought a new stake in shares of United Security Bancshares during the 4th quarter valued at $845,000. Cerity Partners LLC purchased a new position in United Security Bancshares during the fourth quarter worth about $534,000. Finally, 683 Capital Management LLC purchased a new position in United Security Bancshares during the fourth quarter worth about $367,000. 30.88% of the stock is currently owned by institutional investors.

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.