Vanguard Group Inc increased its stake in United Community Financial Corp (NASDAQ:UCFC) by 3.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,163,015 shares of the savings and loans company’s stock after buying an additional 67,397 shares during the quarter. Vanguard Group Inc owned about 4.35% of United Community Financial worth $20,915,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently modified their holdings of UCFC. Private Advisor Group LLC bought a new stake in United Community Financial in the third quarter worth $107,000. Jefferies Group LLC bought a new stake in United Community Financial in the third quarter worth $124,000. Connor Clark & Lunn Investment Management Ltd. bought a new stake in United Community Financial in the third quarter worth $162,000. Bank of Montreal Can lifted its position in United Community Financial by 1,215.1% in the third quarter. Bank of Montreal Can now owns 16,847 shares of the savings and loans company’s stock worth $162,000 after buying an additional 15,566 shares during the last quarter. Finally, Globeflex Capital L P bought a new stake in United Community Financial in the third quarter worth $175,000. Institutional investors own 62.08% of the company’s stock.
Shares of NASDAQ:UCFC traded up $0.05 on Wednesday, hitting $9.64. 8,711 shares of the company’s stock were exchanged, compared to its average volume of 100,679. The company has a current ratio of 0.97, a quick ratio of 0.93 and a debt-to-equity ratio of 0.31. The company has a market cap of $479.39 million, a price-to-earnings ratio of 13.03 and a beta of 0.59. United Community Financial Corp has a 12 month low of $8.49 and a 12 month high of $11.98.
United Community Financial (NASDAQ:UCFC) last posted its earnings results on Wednesday, January 23rd. The savings and loans company reported $0.18 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.20 by ($0.02). The business had revenue of $29.08 million for the quarter, compared to analyst estimates of $29.03 million. United Community Financial had a return on equity of 12.34% and a net margin of 27.75%. As a group, equities research analysts predict that United Community Financial Corp will post 0.81 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Friday, February 15th. Shareholders of record on Monday, February 4th were given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 2.90%. The ex-dividend date of this dividend was Friday, February 1st. United Community Financial’s payout ratio is 37.84%.
Several analysts have recently weighed in on the company. ValuEngine upgraded United Community Financial from a “sell” rating to a “hold” rating in a research report on Tuesday, November 13th. BidaskClub upgraded United Community Financial from a “sell” rating to a “hold” rating in a research report on Tuesday, December 18th. Zacks Investment Research downgraded United Community Financial from a “hold” rating to a “sell” rating in a research report on Saturday, January 19th. Finally, Boenning Scattergood reiterated a “hold” rating on shares of United Community Financial in a research report on Friday, January 25th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $12.00.
United Community Financial Company Profile
United Community Financial Corp. operates as the holding company for Home Savings Bank that provides consumer and business banking services. The company offers various deposit instruments, including checking accounts, regular savings accounts, money market accounts, individual retirement accounts, and certificates of deposit.
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