November 18, 2016 - By Winifred Garcia · 0 Comments
United Security Bancshares (NASDAQ:UBFO) institutional sentiment increased to 7.67 in 2016 Q2. Its up 5.00, from 2.67 in 2016Q1. The ratio is positive, as 16 investment professionals increased and started new equity positions, while 6 decreased and sold their stock positions in United Security Bancshares. The investment professionals in our partner’s database reported: 2.56 million shares, down from 4.90 million shares in 2016Q1. Also, the number of investment professionals holding United Security Bancshares in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 4 Reduced: 2 Increased: 13 New Position: 3.
United Security Bancshares is the bank holding firm for United Security Bank . The company has a market cap of $107.30 million. The Bank is a California state-chartered bank. It has a 14.24 P/E ratio. The Bank operates in the segment of providing banking services to commercial establishments and individuals primarily in the San Joaquin Valley of California.
The stock increased 2.38% or $0.15 on November 17, hitting $6.45. United Security Bancshares (NASDAQ:UBFO) has risen 29.51% since April 18, 2016 and is uptrending. It has outperformed by 25.08% the S&P500.
According to Zacks Investment Research, “United Security Bancshares is the holding company for United Security Bank.”
Elizabeth Park Capital Advisors Ltd. holds 1.22% of its portfolio in United Security Bancshares for 446,356 shares. Zpr Investment Management owns 22,306 shares or 0.27% of their US portfolio. Moreover, Maltese Capital Management Llc has 0.18% invested in the company for 226,300 shares. The California-based Destination Wealth Management has invested 0.05% in the stock. Mraz Amerine & Associates Inc., a California-based fund reported 20,237 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 buys, and 2 insider sales for $31,485 net activity.
United Security Bancshares, incorporated on February 21, 2001, is the bank holding firm for United Security Bank (the Bank). The Bank is a California state-chartered bank. The Bank offers a range of commercial banking services primarily to the business and professional community and individuals located in Fresno, Madera, Kern and Santa Clara Counties. 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 also offers a range of services for commercial clients 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. The Bank offers a range of financial services, including wealth management, employee benefit, insurance and loan products, as well as consulting services for a range of clients. The Bank operates approximately three branches, one construction lending office and one financial services office in Fresno and one branch each in Oakhurst, Caruthers, San Joaquin, Firebaugh, Coalinga, Bakersfield, Taft and Campbell. USB Capital Trust II is the subsidiary of the Company.
More notable recent United Security Bancshares (NASDAQ:UBFO) news were published by: Reuters.com which released: “BRIEF-United Security Bancshares says California Department Of Business Ov…” on October 25, 2016, also Prnewswire.com with their article: “United Security Bancshares earns 3rd Quarter 2016 profits of $2.0 million” published on October 18, 2016, Reuters.com published: “BRIEF-United Security Bancshares quarterly earnings per share $0.12” on October 18, 2016. More interesting news about United Security Bancshares (NASDAQ:UBFO) were released by: Reuters.com and their article: “BRIEF-United Security Bancshares Inc announces name change” published on October 10, 2016 as well as Marketwatch.com‘s news article titled: “iShares North American Tech-Software ETF” with publication date: December 22, 2009.
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By Winifred Garcia