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Shares of United Financial Bancorp (NASDAQ:UBNK) hit a new 52-week low during mid-day trading on Thursday , AnalystRatings.NET reports. The stock traded as low as $12.53 and last traded at $13.44, with a volume of 99,221 shares trading hands. The stock had previously closed at $17.64.

UBNK has been the subject of a number of recent research reports. Analysts at Keefe, Bruyette & Woods downgraded shares of United Financial Bancorp from an “outperform” rating to a “not rated” rating in a research note on Thursday. Analysts at Zacks downgraded shares of United Financial Bancorp from a “neutral” rating to an “underperform” rating in a research note on Tuesday, February 4th. They now have a $17.10 price target on the stock. One research analyst has rated the stock with a sell rating and three have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $19.68.

The stock’s 50-day moving average is $13.56 and its 200-day moving average is $13.71. The company has a market cap of $270.2 million and a price-to-earnings ratio of 20.28.

The company also recently declared a special dividend, which is scheduled for Monday, May 19th. Stockholders of record on Monday, May 12th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, May 8th.

United Financial Bancorp, Inc is a holding company for United Bank (NASDAQ:UBNK).

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