United Security Bancshares (NASDAQ:UBFO) Shares Bought by Barclays PLC

Barclays PLC grew its position in shares of United Security Bancshares (NASDAQ:UBFO) by 12.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 28,576 shares of the financial services provider’s stock after purchasing an additional 3,171 shares during the quarter. Barclays PLC owned 0.16% of United Security Bancshares worth $248,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of UBFO. Fourthstone LLC increased its position in shares of United Security Bancshares by 314.5% during the 3rd quarter. Fourthstone LLC now owns 171,540 shares of the financial services provider’s stock valued at $1,494,000 after purchasing an additional 130,151 shares during the period. Banc Funds Co. LLC increased its position in shares of United Security Bancshares by 2.5% during the 3rd quarter. Banc Funds Co. LLC now owns 573,139 shares of the financial services provider’s stock valued at $4,992,000 after purchasing an additional 13,912 shares during the period. Miracle Mile Advisors LLC increased its position in shares of United Security Bancshares by 23.1% during the 3rd quarter. Miracle Mile Advisors LLC now owns 16,000 shares of the financial services provider’s stock valued at $139,000 after purchasing an additional 3,000 shares during the period. Empowered Funds LLC increased its position in shares of United Security Bancshares by 5.2% during the 3rd quarter. Empowered Funds LLC now owns 49,201 shares of the financial services provider’s stock valued at $429,000 after purchasing an additional 2,412 shares during the period. Finally, Private Wealth Advisors LLC increased its position in shares of United Security Bancshares by 1.5% during the 3rd quarter. Private Wealth Advisors LLC now owns 83,044 shares of the financial services provider’s stock valued at $716,000 after purchasing an additional 1,233 shares during the period. 30.88% of the stock is currently owned by institutional investors and hedge funds.

United Security Bancshares Stock Up 0.2 %

Shares of UBFO stock opened at $9.85 on Monday. United Security Bancshares has a 1 year low of $7.02 and a 1 year high of $10.49. The stock has a market cap of $170.63 million, a PE ratio of 9.66 and a beta of 0.60. The business’s fifty day moving average is $9.68 and its 200-day moving average is $8.60. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.92 and a current ratio of 0.92.

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

United Security Bancshares Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Thursday, January 2nd will be issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.87%. The ex-dividend date of this dividend is Thursday, January 2nd. United Security Bancshares’s payout ratio is 47.06%.

Insider Buying and Selling

In related news, SVP Robert C. Oberg, Jr. sold 4,800 shares of United Security Bancshares stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $9.81, for a total value of $47,088.00. Following the transaction, the senior vice president now directly owns 18,228 shares in the company, valued at $178,816.68. The trade was a 20.84 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 20.10% of the company’s stock.

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.