Private Wealth Advisors LLC Raises Holdings in United Security Bancshares (NASDAQ:UBFO)

Private Wealth Advisors LLC boosted its stake in United Security Bancshares (NASDAQ:UBFO) by 1.5% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 83,044 shares of the financial services provider’s stock after buying an additional 1,233 shares during the quarter. Private Wealth Advisors LLC’s holdings in United Security Bancshares were worth $716,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Miracle Mile Advisors LLC boosted its position in United Security Bancshares by 23.1% during the third quarter. Miracle Mile Advisors LLC now owns 16,000 shares of the financial services provider’s stock worth $139,000 after acquiring an additional 3,000 shares during the last quarter. Kennedy Capital Management LLC increased its stake 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 acquiring an additional 19,658 shares during the last quarter. Vanguard Group Inc. raised its holdings in United Security Bancshares by 2.7% in the first quarter. Vanguard Group Inc. now owns 558,965 shares of the financial services provider’s stock valued at $4,310,000 after buying an additional 14,472 shares during the period. Finally, Empowered Funds LLC lifted its holdings in shares of United Security Bancshares by 7.8% during the 1st quarter. Empowered Funds LLC now owns 43,549 shares of the financial services provider’s stock valued at $336,000 after acquiring an additional 3,150 shares in the last quarter. 30.88% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

United Security Bancshares Stock Up 0.9 %

Shares of UBFO traded up $0.08 during trading on Tuesday, reaching $9.30. The company’s stock had a trading volume of 7,554 shares, compared to its average volume of 20,300. The company has a market cap of $161.08 million, a price-to-earnings ratio of 9.04 and a beta of 0.59. The company has a fifty day moving average of $8.57 and a two-hundred day moving average of $7.88. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.09. United Security Bancshares has a twelve month low of $7.02 and a twelve month high of $9.41.

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

United Security Bancshares Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 23rd. Shareholders of record on Monday, October 7th were paid a $0.12 dividend. The ex-dividend date of this dividend was Monday, October 7th. This represents a $0.48 dividend on an annualized basis and a yield of 5.16%. United Security Bancshares’s payout ratio is currently 47.06%.

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.