Barclays PLC boosted its stake in shares of United Security Bancshares (NASDAQ:UBFO – Free Report) by 12.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,576 shares of the financial services provider’s stock after acquiring 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 SEC filing.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. 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 worth $139,000 after purchasing an additional 3,000 shares in the last quarter. Empowered Funds LLC increased its holdings in shares of United Security Bancshares by 5.2% during the third quarter. Empowered Funds LLC now owns 49,201 shares of the financial services provider’s stock worth $429,000 after buying an additional 2,412 shares in the last quarter. Private Wealth Advisors LLC increased its holdings in shares of United Security Bancshares by 1.5% during the third quarter. Private Wealth Advisors LLC now owns 83,044 shares of the financial services provider’s stock worth $716,000 after buying an additional 1,233 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of United Security Bancshares by 11.2% in the third quarter. Geode Capital Management LLC now owns 145,776 shares of the financial services provider’s stock valued at $1,270,000 after acquiring an additional 14,668 shares during the last quarter. Finally, Fourthstone LLC grew its position in United Security Bancshares by 314.5% during the 3rd quarter. Fourthstone LLC now owns 171,540 shares of the financial services provider’s stock worth $1,494,000 after acquiring an additional 130,151 shares during the last quarter. 30.88% of the stock is owned by institutional investors.
United Security Bancshares Trading Up 0.7 %
UBFO stock opened at $9.96 on Tuesday. The business has a fifty day moving average price of $9.87 and a 200 day moving average price of $8.80. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.92 and a quick ratio of 0.92. United Security Bancshares has a fifty-two week low of $7.02 and a fifty-two week high of $10.49. The stock has a market capitalization of $172.54 million, a price-to-earnings ratio of 9.76 and a beta of 0.60.
United Security Bancshares Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Thursday, January 2nd were issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.82%. The ex-dividend date of this dividend was Thursday, January 2nd. United Security Bancshares’s dividend payout ratio is currently 47.06%.
Insider Buying and Selling
In other United Security Bancshares news, SVP Robert C. Oberg, Jr. sold 4,800 shares of the company’s stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $9.81, for a total transaction of $47,088.00. Following the transaction, the senior vice president now directly owns 18,228 shares in the company, valued at approximately $178,816.68. This represents a 20.84 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 20.10% of the stock is currently owned by corporate insiders.
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.
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