United Community Financial Corp (NASDAQ:UCFC) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors on Wednesday.
According to Zacks, “United Community Financial Corporation is a very traditional savings and loan company. While the company intends to remain committed to financing home ownership, it also believes it must gradually expand the types of loan products it offers in order to meet the needs of its market area and to improve profitability. The company began to commit substantial resources to the commercial lending area, which is headed and staffed by individuals with very extensive commercial banking experience. “
Separately, KLR Group lowered United Community Financial Corp from a “hold” rating to a “reduce” rating in a research note on Thursday, December 15th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $11.25.
Shares of United Community Financial Corp (NASDAQ:UCFC) opened at 8.55 on Wednesday. The firm has a 50-day moving average price of $8.66 and a 200-day moving average price of $8.07. United Community Financial Corp has a 52 week low of $5.53 and a 52 week high of $9.50. The stock has a market cap of $398.27 million, a PE ratio of 21.43 and a beta of 0.81.
United Community Financial Corp (NASDAQ:UCFC) last posted its earnings results on Tuesday, January 24th. The company reported $0.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.01. United Community Financial Corp had a return on equity of 7.65% and a net margin of 20.29%. On average, analysts forecast that United Community Financial Corp will post $0.53 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Wednesday, February 22nd. Stockholders of record on Friday, February 10th were paid a $0.03 dividend. The ex-dividend date of this dividend was Wednesday, February 8th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.40%. United Community Financial Corp’s dividend payout ratio (DPR) is currently 30.00%.
In other news, General Counsel Jude J. Nohra sold 4,500 shares of the stock in a transaction dated Wednesday, March 1st. The stock was sold at an average price of $8.78, for a total value of $39,510.00. Following the completion of the sale, the general counsel now owns 76,021 shares in the company, valued at $667,464.38. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 3.88% of the stock is currently owned by company insiders.
Several large investors have recently bought and sold shares of the stock. Bowling Portfolio Management LLC bought a new stake in United Community Financial Corp during the fourth quarter worth about $696,000. Cigna Investments Inc. New bought a new stake in United Community Financial Corp during the fourth quarter worth about $102,000. Ladenburg Thalmann Financial Services Inc. raised its stake in United Community Financial Corp by 0.3% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 11,620 shares of the company’s stock worth $101,000 after buying an additional 40 shares during the period. Guggenheim Capital LLC raised its stake in United Community Financial Corp by 0.3% in the fourth quarter. Guggenheim Capital LLC now owns 12,976 shares of the company’s stock worth $116,000 after buying an additional 44 shares during the period. Finally, GSA Capital Partners LLP bought a new stake in United Community Financial Corp during the fourth quarter worth about $173,000. Institutional investors and hedge funds own 60.69% of the company’s stock.
United Community Financial Corp Company Profile
United Community Financial Corp. is a unitary thrift holding company for The Home Savings and Loan Company of Youngstown, Ohio (the Bank). The Bank operates through banking services segment. The Bank conducts its business through over 30 retail banking offices and loan production centers located throughout Ohio and western Pennsylvania.
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