United Security Bancshares (NASDAQ:UBFO) was downgraded by equities research analysts at ValuEngine from a “buy” rating to a “hold” rating in a note issued to investors on Friday.

United Security Bancshares (NASDAQ:UBFO) opened at $9.90 on Friday. United Security Bancshares has a 52 week low of $6.75 and a 52 week high of $10.00. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of $165.48, a price-to-earnings ratio of 19.64 and a beta of 0.75.

United Security Bancshares (NASDAQ:UBFO) last announced its earnings results on Tuesday, October 17th. The financial services provider reported $0.16 EPS for the quarter. The firm had revenue of $9.33 million for the quarter. United Security Bancshares had a return on equity of 8.65% and a net margin of 23.77%.

Institutional investors and hedge funds have recently made changes to their positions in the business. Aspiriant LLC lifted its holdings in United Security Bancshares by 1.0% during the 2nd quarter. Aspiriant LLC now owns 12,480 shares of the financial services provider’s stock worth $115,000 after buying an additional 123 shares during the period. SG Americas Securities LLC acquired a new position in United Security Bancshares during the 3rd quarter worth about $130,000. New York State Common Retirement Fund acquired a new position in shares of United Security Bancshares in the 2nd quarter valued at about $128,000. Eagle Global Advisors LLC acquired a new position in shares of United Security Bancshares in the 2nd quarter valued at about $137,000. Finally, Rhumbline Advisers acquired a new position in shares of United Security Bancshares in the 2nd quarter valued at about $159,000. 29.73% of the stock is currently owned by hedge funds and other institutional investors.

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United Security Bancshares Company Profile

United Security Bancshares is the bank holding company for United Security Bank (the Bank). The Bank is a California state-chartered bank. The Bank operates in the segment of providing banking services to commercial establishments and individuals primarily in the San Joaquin Valley of California. The Bank offers a range of services for commercial customers and account holders, including online banking, mobile banking, safe deposit boxes, automated teller machine (ATM) services, payroll direct deposit, cashier’s checks, traveler’s checks, money orders and foreign drafts.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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