Bank of New York Mellon Corp reduced its stake in shares of United Community Financial Corp (NASDAQ:UCFC) by 2.1% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 270,838 shares of the savings and loans company’s stock after selling 5,831 shares during the period. Bank of New York Mellon Corp owned approximately 0.54% of United Community Financial worth $2,600,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Sei Investments Co. acquired a new stake in shares of United Community Financial during the 3rd quarter valued at about $102,000. Virtu KCG Holdings LLC acquired a new stake in shares of United Community Financial during the 2nd quarter valued at about $103,000. Dynamic Technology Lab Private Ltd acquired a new stake in shares of United Community Financial during the 2nd quarter valued at about $117,000. Alliancebernstein L.P. acquired a new stake in shares of United Community Financial during the 2nd quarter valued at about $251,000. Finally, Parametric Portfolio Associates LLC grew its position in shares of United Community Financial by 84.6% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 35,729 shares of the savings and loans company’s stock valued at $297,000 after acquiring an additional 16,372 shares during the period. 59.63% of the stock is currently owned by institutional investors.

A number of research firms have recently commented on UCFC. ValuEngine cut United Community Financial from a “buy” rating to a “hold” rating in a research report on Friday, October 6th. Boenning Scattergood cut United Community Financial from an “outperform” rating to a “neutral” rating in a research report on Wednesday, October 18th. BidaskClub cut United Community Financial from a “hold” rating to a “sell” rating in a research report on Tuesday, December 19th. Finally, Zacks Investment Research upgraded United Community Financial from a “hold” rating to a “buy” rating and set a $10.00 target price on the stock in a research report on Saturday. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $10.33.

In related news, EVP Matthew T. Garrity sold 35,000 shares of the firm’s stock in a transaction dated Friday, December 15th. The shares were sold at an average price of $9.47, for a total value of $331,450.00. Following the transaction, the executive vice president now directly owns 43,993 shares of the company’s stock, valued at approximately $416,613.71. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders sold a total of 36,200 shares of company stock worth $342,896 over the last ninety days. 3.56% of the stock is currently owned by corporate insiders.

Shares of United Community Financial Corp (NASDAQ UCFC) opened at $9.39 on Friday. United Community Financial Corp has a 12-month low of $7.81 and a 12-month high of $10.23. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.01 and a current ratio of 1.06. The company has a market capitalization of $465.85, a PE ratio of 20.87 and a beta of 0.53.

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About United Community Financial

United Community Financial Corp. is financial services holding company. The Company’s subsidiaries include The Home Savings and Loan Company of Youngstown, Ohio (Home Savings or the Bank), HSB Insurance, LLC and HSB Capital, LLC. The principal business of Home Savings is the origination of mortgage loans, including construction loans, on residential and nonresidential real estate located in Home Savings’ primary market area.

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Institutional Ownership by Quarter for United Community Financial (NASDAQ:UCFC)

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