Y Intercept Hong Kong Ltd Invests $120,000 in United Security Bancshares (NASDAQ:UBFO)

Y Intercept Hong Kong Ltd purchased a new stake in United Security Bancshares (NASDAQ:UBFO) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 11,908 shares of the financial services provider’s stock, valued at approximately $120,000. Y Intercept Hong Kong Ltd owned approximately 0.07% of United Security Bancshares at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Private Wealth Advisors LLC boosted its position in United Security Bancshares by 1.5% in the third quarter. Private Wealth Advisors LLC now owns 83,044 shares of the financial services provider’s stock valued at $716,000 after buying an additional 1,233 shares in the last quarter. Empowered Funds LLC lifted its stake in shares of United Security Bancshares by 4.8% in the 4th quarter. Empowered Funds LLC now owns 51,540 shares of the financial services provider’s stock valued at $514,000 after acquiring an additional 2,339 shares during the last quarter. Barclays PLC lifted its stake in shares of United Security Bancshares by 12.5% in the 3rd quarter. Barclays PLC now owns 28,576 shares of the financial services provider’s stock valued at $248,000 after acquiring an additional 3,171 shares during the last quarter. Miracle Mile Advisors LLC boosted its holdings in shares of United Security Bancshares by 43.8% during the 4th quarter. Miracle Mile Advisors LLC now owns 23,000 shares of the financial services provider’s stock valued at $232,000 after acquiring an additional 7,000 shares in the last quarter. Finally, Banc Funds Co. LLC grew its position in 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 worth $4,992,000 after acquiring an additional 13,912 shares during the last quarter. 30.88% of the stock is owned by institutional investors.

United Security Bancshares Stock Performance

Shares of UBFO stock opened at $9.47 on Thursday. The business’s 50-day moving average price is $9.83 and its 200-day moving average price is $9.26. United Security Bancshares has a 12 month low of $7.02 and a 12 month high of $10.49. The firm has a market capitalization of $164.05 million, a price-to-earnings ratio of 11.01 and a beta of 0.58. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.09.

United Security Bancshares (NASDAQ:UBFO) last released its quarterly earnings data on Monday, January 27th. The financial services provider reported $0.15 earnings per share (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 firm also recently declared a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Thursday, January 2nd were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 5.07%. The ex-dividend date of this dividend was Thursday, January 2nd. United Security Bancshares’s payout ratio is currently 55.81%.

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.