Creative Planning maintained its stake in shares of United Financial Bancorp, Inc. (NASDAQ:UBNK) during the second quarter, according to its most recent filing with the SEC. The fund owned 32,175 shares of the bank’s stock at the end of the second quarter. Creative Planning owned 0.06% of United Financial Bancorp worth $537,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Victory Capital Management Inc. boosted its position in United Financial Bancorp by 0.6% in the first quarter. Victory Capital Management Inc. now owns 119,303 shares of the bank’s stock worth $2,030,000 after buying an additional 653 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in United Financial Bancorp by 10.3% in the first quarter. Janney Montgomery Scott LLC now owns 11,168 shares of the bank’s stock worth $190,000 after buying an additional 1,044 shares in the last quarter. Patriot Financial Group Insurance Agency LLC boosted its position in United Financial Bancorp by 4.8% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 25,160 shares of the bank’s stock worth $416,000 after buying an additional 1,155 shares in the last quarter. AlphaOne Investment Services LLC boosted its position in United Financial Bancorp by 2.4% in the first quarter. AlphaOne Investment Services LLC now owns 70,960 shares of the bank’s stock worth $1,207,000 after buying an additional 1,660 shares in the last quarter. Finally, American International Group Inc. boosted its position in United Financial Bancorp by 7.2% in the first quarter. American International Group Inc. now owns 30,924 shares of the bank’s stock worth $526,000 after buying an additional 2,083 shares in the last quarter. Institutional investors own 64.13% of the company’s stock.

United Financial Bancorp, Inc. (NASDAQ:UBNK) traded down 1.28% on Monday, reaching $17.67. The company’s stock had a trading volume of 69,398 shares. United Financial Bancorp, Inc. has a 12 month low of $13.07 and a 12 month high of $18.66. The firm has a market cap of $887.33 million, a price-to-earnings ratio of 15.25 and a beta of 0.65. The firm has a 50 day moving average of $17.38 and a 200 day moving average of $17.27.

United Financial Bancorp (NASDAQ:UBNK) last announced its earnings results on Tuesday, July 18th. The bank reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.26 by $0.06. United Financial Bancorp had a return on equity of 8.89% and a net margin of 22.95%. The firm had revenue of $55.80 million during the quarter, compared to analyst estimates of $54.22 million. During the same quarter in the prior year, the company earned $0.20 EPS. Analysts anticipate that United Financial Bancorp, Inc. will post $1.18 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 9th. Investors of record on Friday, July 28th will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 2.68%. The ex-dividend date of this dividend is Wednesday, July 26th. United Financial Bancorp’s dividend payout ratio (DPR) is presently 41.38%.

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UBNK has been the subject of several recent research reports. Keefe, Bruyette & Woods upgraded United Financial Bancorp from a “market perform” rating to an “outperform” rating and boosted their price objective for the company from $18.50 to $20.00 in a research report on Thursday, April 20th. ValuEngine raised United Financial Bancorp from a “hold” rating to a “buy” rating in a research report on Wednesday, May 31st. Piper Jaffray Companies reaffirmed a “hold” rating and set a $17.00 price target on shares of United Financial Bancorp in a research report on Friday, July 14th. Finally, BidaskClub raised United Financial Bancorp from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $17.33.

In related news, CEO William Hw Iv Crawford sold 17,000 shares of the firm’s stock in a transaction that occurred on Monday, July 31st. The stock was sold at an average price of $18.14, for a total transaction of $308,380.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Michael A. Bars sold 2,350 shares of the firm’s stock in a transaction that occurred on Thursday, July 27th. The shares were sold at an average price of $18.18, for a total value of $42,723.00. Following the transaction, the director now directly owns 64,821 shares of the company’s stock, valued at approximately $1,178,445.78. The disclosure for this sale can be found here. 3.39% of the stock is owned by company insiders.

United Financial Bancorp Company Profile

United Financial Bancorp, Inc is a bank holding company. The Company, through its subsidiary United Bank (the Bank) and various subsidiaries, delivers financial services to individuals, families and businesses in Connecticut and Massachusetts, including retail, commercial and consumer banking, as well as financial advisory services.

Institutional Ownership by Quarter for United Financial Bancorp (NASDAQ:UBNK)

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