United Security Bancshares (NASDAQ:UBFO) Stock Rating Upgraded by Wall Street Zen

United Security Bancshares (NASDAQ:UBFO) was upgraded by Wall Street Zen to a “hold” rating in a research note issued to investors on Saturday.

Separately, Weiss Ratings reiterated a “buy (b-)” rating on shares of United Security Bancshares in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

United Security Bancshares Trading Down 0.1%

Shares of NASDAQ UBFO opened at $10.35 on Friday. United Security Bancshares has a 1-year low of $7.32 and a 1-year high of $10.53. The company has a 50-day moving average of $9.60 and a two-hundred day moving average of $9.19. The company has a market cap of $181.95 million, a PE ratio of 15.45 and a beta of 0.36. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.07.

United Security Bancshares (NASDAQ:UBFO) last released its quarterly earnings results on Thursday, October 16th. The financial services provider reported $0.23 EPS for the quarter. The business had revenue of $14.04 million for the quarter. United Security Bancshares had a net margin of 17.51% and a return on equity of 8.50%.

Institutional Trading of United Security Bancshares

Several institutional investors and hedge funds have recently made changes to their positions in the business. Bank of America Corp DE increased its holdings in shares of United Security Bancshares by 1,292.4% in the fourth quarter. Bank of America Corp DE now owns 3,648 shares of the financial services provider’s stock worth $37,000 after acquiring an additional 3,386 shares in the last quarter. Goldman Sachs Group Inc. grew its position in shares of United Security Bancshares by 64.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 59,523 shares of the financial services provider’s stock valued at $533,000 after purchasing an additional 23,284 shares during the period. Empowered Funds LLC grew its position in shares of United Security Bancshares by 7.9% in the 1st quarter. Empowered Funds LLC now owns 55,608 shares of the financial services provider’s stock valued at $498,000 after purchasing an additional 4,068 shares during the period. Jane Street Group LLC increased its stake in United Security Bancshares by 167.3% during the 1st quarter. Jane Street Group LLC now owns 46,490 shares of the financial services provider’s stock worth $417,000 after purchasing an additional 29,096 shares in the last quarter. Finally, Bridgewealth Advisory Group LLC acquired a new stake in United Security Bancshares during the 2nd quarter worth approximately $10,539,000. Institutional investors own 30.88% of the company’s stock.

About United Security Bancshares

United Security Bancshares, Inc is a bank holding company based in Vancouver, Washington, whose primary subsidiary, United Security Bank, delivers community banking services in the Pacific Northwest. The company engages in core banking activities, including accepting deposits, extending commercial and residential real estate loans, and offering consumer lending solutions tailored to local businesses and individuals.

Its product offerings include a variety of deposit accounts such as business checking, savings, money market accounts and certificates of deposit.