Kestra Private Wealth Services LLC Takes Position in United Security Bancshares (NASDAQ:UBFO)

Kestra Private Wealth Services LLC acquired a new stake in United Security Bancshares (NASDAQ:UBFOFree Report) during the third quarter, HoldingsChannel reports. The fund acquired 33,640 shares of the financial services provider’s stock, valued at approximately $250,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bank of America Corp DE grew its position in United Security Bancshares by 566,900.0% in the 4th quarter. Bank of America Corp DE now owns 5,670 shares of the financial services provider’s stock valued at $41,000 after buying an additional 5,669 shares during the last quarter. UBS Group AG boosted its position in shares of United Security Bancshares by 80.5% during the 1st quarter. UBS Group AG now owns 7,542 shares of the financial services provider’s stock worth $63,000 after purchasing an additional 3,363 shares in the last quarter. Tower Research Capital LLC TRC purchased a new stake in shares of United Security Bancshares during the 3rd quarter worth $147,000. BHZ Capital Management LP boosted its position in shares of United Security Bancshares by 34.8% during the 1st quarter. BHZ Capital Management LP now owns 25,488 shares of the financial services provider’s stock worth $163,000 after purchasing an additional 6,584 shares in the last quarter. Finally, Jane Street Group LLC purchased a new stake in shares of United Security Bancshares during the 3rd quarter worth $181,000. 34.71% of the stock is currently owned by hedge funds and other institutional investors.

United Security Bancshares Price Performance

Shares of NASDAQ UBFO opened at $7.39 on Friday. The firm has a market capitalization of $126.66 million, a P/E ratio of 6.37 and a beta of 0.63. United Security Bancshares has a one year low of $5.50 and a one year high of $8.74. The company’s fifty day moving average is $8.04 and its two-hundred day moving average is $7.62. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.01 and a current ratio of 1.01.

United Security Bancshares Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 19th. Shareholders of record on Wednesday, January 3rd were given a dividend of $0.12 per share. The ex-dividend date was Tuesday, January 2nd. This represents a $0.48 annualized dividend and a dividend yield of 6.50%. United Security Bancshares’s payout ratio is currently 41.38%.

United Security Bancshares Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding UBFO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United Security Bancshares (NASDAQ:UBFOFree Report).

Institutional Ownership by Quarter for United Security Bancshares (NASDAQ:UBFO)

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