Maltese Capital Management LLC decreased its holdings in United Community Financial Corp (NASDAQ:UCFC) by 4.5% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,190,959 shares of the savings and loans company’s stock after selling 55,541 shares during the period. United Community Financial accounts for about 1.0% of Maltese Capital Management LLC’s portfolio, making the stock its 26th biggest holding. Maltese Capital Management LLC owned approximately 2.39% of United Community Financial worth $11,433,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in UCFC. Sei Investments Co. bought a new position in United Community Financial during the third quarter valued at approximately $102,000. Virtu KCG Holdings LLC bought a new position in United Community Financial during the second quarter valued at approximately $103,000. Dynamic Technology Lab Private Ltd bought a new position in United Community Financial during the second quarter valued at approximately $117,000. Cigna Investments Inc. New bought a new position in United Community Financial during the second quarter valued at approximately $137,000. Finally, Parametric Portfolio Associates LLC boosted its stake in United Community Financial by 12.2% during the first quarter. Parametric Portfolio Associates LLC now owns 19,357 shares of the savings and loans company’s stock valued at $161,000 after buying an additional 2,107 shares during the last quarter. 59.65% of the stock is owned by hedge funds and other institutional investors.
In other United Community Financial news, General Counsel Jude J. Nohra sold 55,348 shares of the company’s stock in a transaction that occurred on Tuesday, September 26th. The stock was sold at an average price of $9.21, for a total transaction of $509,755.08. Following the sale, the general counsel now directly owns 86,431 shares in the company, valued at $796,029.51. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Timothy Esson sold 3,500 shares of the company’s stock in a transaction that occurred on Thursday, September 21st. The shares were sold at an average price of $9.30, for a total value of $32,550.00. Following the sale, the chief financial officer now owns 57,192 shares in the company, valued at $531,885.60. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 81,108 shares of company stock worth $745,984. Company insiders own 3.56% of the company’s stock.
Shares of United Community Financial Corp (NASDAQ UCFC) opened at $9.74 on Thursday. United Community Financial Corp has a 52-week low of $7.81 and a 52-week high of $10.23. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.01 and a current ratio of 1.06. The stock has a market capitalization of $490.73, a P/E ratio of 18.60 and a beta of 0.53.
The business also recently disclosed a quarterly dividend, which was paid on Friday, November 17th. Shareholders of record on Friday, November 3rd were given a dividend of $0.04 per share. The ex-dividend date of this dividend was Thursday, November 2nd. This represents a $0.16 dividend on an annualized basis and a yield of 1.64%. United Community Financial’s dividend payout ratio (DPR) is presently 35.56%.
A number of equities analysts recently commented on the company. Boenning Scattergood lowered United Community Financial from an “outperform” rating to a “neutral” rating in a research note on Wednesday, October 18th. ValuEngine lowered United Community Financial from a “buy” rating to a “hold” rating in a research note on Friday, October 6th. Finally, Zacks Investment Research lowered United Community Financial from a “buy” rating to a “hold” rating in a research note on Wednesday, September 20th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company’s stock. United Community Financial presently has an average rating of “Hold” and an average target price of $10.33.
United Community Financial Company 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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