United Security Bancshares (NASDAQ:UBFO) Shares Bought by Empowered Funds LLC

Empowered Funds LLC lifted its holdings in shares of United Security Bancshares (NASDAQ:UBFO) by 5.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 49,201 shares of the financial services provider’s stock after buying an additional 2,412 shares during the quarter. Empowered Funds LLC owned approximately 0.28% of United Security Bancshares worth $429,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Miracle Mile Advisors LLC grew its holdings in United Security Bancshares by 23.1% in the 3rd quarter. Miracle Mile Advisors LLC now owns 16,000 shares of the financial services provider’s stock valued at $139,000 after buying an additional 3,000 shares in the last quarter. Private Wealth Advisors LLC raised its stake in United Security Bancshares by 1.6% in the second quarter. Private Wealth Advisors LLC now owns 81,811 shares of the financial services provider’s stock valued at $591,000 after buying an additional 1,299 shares in the last quarter. Kennedy Capital Management LLC raised its holdings in United Security Bancshares by 33.6% during the first quarter. Kennedy Capital Management LLC now owns 78,141 shares of the financial services provider’s stock worth $602,000 after purchasing an additional 19,658 shares in the last quarter. Finally, Vanguard Group Inc. lifted its holdings in shares of United Security Bancshares by 2.7% in the 1st quarter. Vanguard Group Inc. now owns 558,965 shares of the financial services provider’s stock valued at $4,310,000 after purchasing an additional 14,472 shares during the last quarter. 30.88% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on United Security Bancshares in a research report on Thursday, September 5th. They set a “hold” rating for the company.

United Security Bancshares Trading Up 1.4 %

Shares of UBFO stock opened at $9.67 on Monday. The business’s fifty day moving average price is $8.81 and its 200 day moving average price is $8.02. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.92 and a quick ratio of 0.92. The firm has a market capitalization of $167.48 million, a PE ratio of 9.48 and a beta of 0.59. United Security Bancshares has a 1-year low of $7.02 and a 1-year high of $9.77.

United Security Bancshares (NASDAQ:UBFO) last issued its quarterly earnings data on Friday, October 18th. The financial services provider reported $0.22 earnings per share for the quarter. United Security Bancshares had a net margin of 25.78% and a return on equity of 13.96%. The business had revenue of $13.84 million during the quarter.

United Security Bancshares Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 23rd. Investors of record on Monday, October 7th were issued a $0.12 dividend. The ex-dividend date was Monday, October 7th. This represents a $0.48 annualized dividend and a yield of 4.96%. United Security Bancshares’s payout ratio is 47.06%.

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.