United Financial Bancorp (NASDAQ:UBNK) was upgraded by equities research analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a research note issued on Tuesday.

Separately, Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $21.00 price objective on shares of United Financial Bancorp in a research note on Tuesday, October 3rd.

Shares of United Financial Bancorp (UBNK) traded down $0.01 during midday trading on Tuesday, reaching $17.97. 112,726 shares of the company traded hands, compared to its average volume of 115,406. The company has a market capitalization of $912.73, a price-to-earnings ratio of 15.36 and a beta of 0.72. United Financial Bancorp has a fifty-two week low of $15.75 and a fifty-two week high of $19.35. The company has a debt-to-equity ratio of 1.56, a quick ratio of 1.02 and a current ratio of 1.03.

United Financial Bancorp (NASDAQ:UBNK) last issued its earnings results on Tuesday, October 17th. The bank reported $0.30 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.29 by $0.01. United Financial Bancorp had a net margin of 22.67% and a return on equity of 8.87%. The business had revenue of $54.84 million for the quarter, compared to analyst estimates of $56.29 million. During the same period in the prior year, the firm earned $0.28 earnings per share. equities analysts anticipate that United Financial Bancorp will post 1.16 EPS for the current year.

In other United Financial Bancorp news, EVP Brandon Craig Lorey sold 20,000 shares of the firm’s stock in a transaction on Monday, December 18th. The shares were sold at an average price of $18.26, for a total value of $365,200.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO William Hw Iv Crawford sold 6,500 shares of the firm’s stock in a transaction on Tuesday, November 28th. The shares were sold at an average price of $18.41, for a total transaction of $119,665.00. The disclosure for this sale can be found here. 3.39% of the stock is currently owned by company insiders.

Several institutional investors have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP lifted its stake in shares of United Financial Bancorp by 4.0% in the third quarter. Dimensional Fund Advisors LP now owns 3,642,263 shares of the bank’s stock valued at $66,617,000 after buying an additional 139,975 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of United Financial Bancorp by 1.1% in the second quarter. Vanguard Group Inc. now owns 2,087,944 shares of the bank’s stock valued at $34,848,000 after purchasing an additional 23,464 shares during the last quarter. RMB Capital Management LLC raised its holdings in shares of United Financial Bancorp by 13,146.3% in the third quarter. RMB Capital Management LLC now owns 1,872,094 shares of the bank’s stock valued at $25,909,000 after purchasing an additional 1,857,961 shares during the last quarter. BlackRock Institutional Trust Company N.A. raised its holdings in shares of United Financial Bancorp by 0.4% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 1,627,153 shares of the bank’s stock valued at $20,486,000 after purchasing an additional 5,908 shares during the last quarter. Finally, Renaissance Technologies LLC raised its holdings in shares of United Financial Bancorp by 10.4% in the first quarter. Renaissance Technologies LLC now owns 1,432,612 shares of the bank’s stock valued at $24,369,000 after purchasing an additional 135,373 shares during the last quarter. 64.58% of the stock is currently owned by hedge funds and other institutional investors.

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About United Financial Bancorp

United Financial Bancorp, Inc is a bank holding company. The Company, through its subsidiary United Bank (the Bank) and various subsidiaries, delivers financial services to individuals, families and businesses in Connecticut and Massachusetts, including retail, commercial and consumer banking, as well as financial advisory services.

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