United Community Financial (NASDAQ:UCFC) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Friday, Zacks.com reports. The firm presently has a $11.00 target price on the savings and loans company’s stock. Zacks Investment Research‘s target price would suggest a potential upside of 6.69% from the stock’s current price.

According to Zacks, “United Community Financial Corporation is a very traditional savings and loan company. While the company intends to remain committed to financing home ownership, it also believes it must gradually expand the types of loan products it offers in order to meet the needs of its market area and to improve profitability. The company began to commit substantial resources to the commercial lending area, which is headed and staffed by individuals with very extensive commercial banking experience. “

Several other equities analysts have also recently issued reports on the stock. Raymond James cut shares of United Community Financial from an “outperform” rating to a “market perform” rating in a research report on Wednesday. BidaskClub cut shares of United Community Financial from a “buy” rating to a “hold” rating in a research report on Wednesday, September 4th. Finally, ValuEngine cut shares of United Community Financial from a “hold” rating to a “sell” rating in a research report on Tuesday, July 2nd. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company’s stock. United Community Financial currently has an average rating of “Hold” and an average target price of $11.00.

NASDAQ UCFC traded up $0.03 during trading on Friday, reaching $10.31. The company’s stock had a trading volume of 12,145 shares, compared to its average volume of 94,882. The company has a current ratio of 1.04, a quick ratio of 1.00 and a debt-to-equity ratio of 0.73. The firm has a market capitalization of $492.88 million, a price-to-earnings ratio of 13.93 and a beta of 0.52. United Community Financial has a 12 month low of $8.49 and a 12 month high of $10.45. The firm has a 50 day moving average price of $9.77 and a 200 day moving average price of $9.49.

United Community Financial (NASDAQ:UCFC) last posted its quarterly earnings data on Tuesday, July 23rd. The savings and loans company reported $0.22 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.21 by $0.01. The firm had revenue of $28.71 million during the quarter, compared to the consensus estimate of $28.63 million. United Community Financial had a net margin of 27.00% and a return on equity of 12.25%. On average, equities analysts forecast that United Community Financial will post 0.82 EPS for the current fiscal year.

In other news, CFO Timothy Esson sold 5,000 shares of the company’s stock in a transaction on Friday, June 21st. The shares were sold at an average price of $9.38, for a total value of $46,900.00. Following the sale, the chief financial officer now directly owns 75,864 shares of the company’s stock, valued at approximately $711,604.32. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Corporate insiders own 3.20% of the company’s stock.

Large investors have recently bought and sold shares of the company. Aperio Group LLC bought a new stake in shares of United Community Financial in the 2nd quarter valued at $54,000. BNP Paribas Arbitrage SA boosted its stake in United Community Financial by 424.9% during the first quarter. BNP Paribas Arbitrage SA now owns 9,999 shares of the savings and loans company’s stock worth $93,000 after acquiring an additional 8,094 shares in the last quarter. Paloma Partners Management Co bought a new position in United Community Financial during the second quarter worth $100,000. Campbell & CO Investment Adviser LLC bought a new position in United Community Financial during the first quarter worth $117,000. Finally, SG Americas Securities LLC bought a new position in United Community Financial during the first quarter worth $121,000. 63.19% of the stock is currently owned by institutional investors.

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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