Fourthstone LLC Boosts Position in United Security Bancshares (NASDAQ:UBFO)

Fourthstone LLC lifted its position in United Security Bancshares (NASDAQ:UBFO) by 87.3% in the fourth quarter, HoldingsChannel reports. The firm owned 321,245 shares of the financial services provider’s stock after buying an additional 149,705 shares during the period. Fourthstone LLC’s holdings in United Security Bancshares were worth $3,206,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of UBFO. Barclays PLC boosted its holdings in 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 purchasing an additional 3,171 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of United Security Bancshares by 11.2% during the 3rd quarter. Geode Capital Management LLC now owns 145,776 shares of the financial services provider’s stock worth $1,270,000 after buying an additional 14,668 shares during the last quarter. Miracle Mile Advisors LLC raised its position 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 buying an additional 7,000 shares during the period. Empowered Funds LLC lifted its holdings in United Security Bancshares by 4.8% in the fourth 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. Finally, Y Intercept Hong Kong Ltd purchased a new position in United Security Bancshares in the fourth quarter worth approximately $120,000. 30.88% of the stock is currently owned by institutional investors and hedge funds.

United Security Bancshares Price Performance

UBFO stock opened at $7.79 on Thursday. United Security Bancshares has a 52-week low of $7.02 and a 52-week high of $10.49. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.09. The stock has a market cap of $136.14 million, a price-to-earnings ratio of 9.06 and a beta of 0.37. The business has a fifty day moving average of $9.05 and a two-hundred day moving average of $9.32.

United Security Bancshares (NASDAQ:UBFO) last released its quarterly earnings results on Monday, January 27th. The financial services provider reported $0.15 earnings per share for the quarter. United Security Bancshares had a return on equity of 11.54% and a net margin of 22.58%.

United Security Bancshares Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 22nd. Shareholders of record on Monday, April 7th will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 6.16%. The ex-dividend date of this dividend is Monday, April 7th. United Security Bancshares’s dividend payout ratio is presently 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.