United Community Financial Corp (UCFC) Shares Bought by LSV Asset Management
LSV Asset Management increased its position in shares of United Community Financial Corp (NASDAQ:UCFC) by 320.0% during the 4th quarter, Holdings Channel reports. The firm owned 257,857 shares of the savings and loans company’s stock after purchasing an additional 196,457 shares during the period. LSV Asset Management’s holdings in United Community Financial were worth $2,354,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Stifel Financial Corp lifted its stake in United Community Financial by 1.0% during the second quarter. Stifel Financial Corp now owns 91,551 shares of the savings and loans company’s stock worth $761,000 after purchasing an additional 906 shares during the last quarter. OxFORD Asset Management LLP lifted its stake in United Community Financial by 54.9% during the second quarter. OxFORD Asset Management LLP now owns 41,002 shares of the savings and loans company’s stock worth $341,000 after purchasing an additional 14,528 shares during the last quarter. Vanguard Group Inc. lifted its stake in United Community Financial by 1.9% during the second quarter. Vanguard Group Inc. now owns 1,867,653 shares of the savings and loans company’s stock worth $15,521,000 after purchasing an additional 35,018 shares during the last quarter. Teachers Advisors LLC lifted its stake in United Community Financial by 18.7% during the second quarter. Teachers Advisors LLC now owns 88,916 shares of the savings and loans company’s stock worth $739,000 after purchasing an additional 14,013 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. lifted its stake in United Community Financial by 31.6% during the second quarter. Schwab Charles Investment Management Inc. now owns 93,600 shares of the savings and loans company’s stock worth $778,000 after purchasing an additional 22,500 shares during the last quarter. Hedge funds and other institutional investors own 60.08% of the company’s stock.
Shares of United Community Financial Corp (UCFC) opened at $9.33 on Wednesday. The company has a quick ratio of 1.01, a current ratio of 1.06 and a debt-to-equity ratio of 1.13. The stock has a market capitalization of $468.62, a price-to-earnings ratio of 21.74 and a beta of 0.49. United Community Financial Corp has a one year low of $7.81 and a one year high of $10.23.
The business also recently announced a quarterly dividend, which will be paid on Friday, February 16th. Shareholders of record on Friday, February 2nd will be paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 2.57%. This is a boost from United Community Financial’s previous quarterly dividend of $0.04. The ex-dividend date of this dividend is Thursday, February 1st. United Community Financial’s dividend payout ratio (DPR) is presently 55.81%.
A number of equities research analysts have issued reports on the company. BidaskClub upgraded United Community Financial from a “sell” rating to a “hold” rating in a research note on Monday, February 5th. Boenning Scattergood reiterated a “hold” rating on shares of United Community Financial in a research note on Wednesday, January 24th. Finally, Zacks Investment Research cut United Community Financial from a “buy” rating to a “hold” rating in a research note on Saturday, January 20th. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $10.33.
In other United Community Financial news, EVP Matthew T. Garrity sold 35,000 shares of the firm’s stock in a transaction on Friday, December 15th. The stock was sold at an average price of $9.47, for a total value of $331,450.00. Following the sale, the executive vice president now directly owns 43,993 shares in the company, valued at $416,613.71. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders sold 36,200 shares of company stock worth $342,896 over the last quarter. 3.56% of the stock is currently owned by company insiders.
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United Community Financial Profile
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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