United Community Financial (NASDAQ:UCFC) Cut to Sell at ValuEngine

Share on StockTwits

ValuEngine downgraded shares of United Community Financial (NASDAQ:UCFC) from a hold rating to a sell rating in a report issued on Tuesday, ValuEngine reports.

Several other analysts have also recently weighed in on the stock. Zacks Investment Research cut shares of United Community Financial from a hold rating to a sell rating in a report on Thursday, November 28th. Raymond James cut shares of United Community Financial from an outperform rating to a market perform rating in a report on Wednesday, September 11th. Finally, BidaskClub downgraded shares of United Community Financial from a buy rating to a hold rating in a research report on Wednesday, November 13th. Three investment analysts have rated the stock with a sell rating and two have given a hold rating to the company’s stock. The stock presently has an average rating of Sell and an average target price of $11.00.

UCFC stock opened at $11.03 on Tuesday. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.14 and a quick ratio of 1.09. The firm has a market capitalization of $530.68 million, a P/E ratio of 14.91 and a beta of 0.51. The business’s 50-day moving average is $11.27 and its two-hundred day moving average is $10.17. United Community Financial has a 1 year low of $8.49 and a 1 year high of $11.94.

United Community Financial (NASDAQ:UCFC) last announced its quarterly earnings data on Wednesday, October 23rd. The savings and loans company reported $0.22 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.22. United Community Financial had a return on equity of 12.36% and a net margin of 27.17%. The business had revenue of $28.60 million during the quarter, compared to analysts’ expectations of $29.25 million. On average, analysts expect that United Community Financial will post 0.82 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, November 8th. Investors of record on Friday, November 1st were paid a dividend of $0.08 per share. The ex-dividend date of this dividend was Thursday, October 31st. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.90%. This is an increase from United Community Financial’s previous quarterly dividend of $0.03. United Community Financial’s payout ratio is presently 43.24%.

In related news, CFO Timothy Esson sold 4,000 shares of the stock in a transaction on Monday, September 30th. The stock was sold at an average price of $10.87, for a total value of $43,480.00. Following the transaction, the chief financial officer now owns 71,864 shares of the company’s stock, valued at $781,161.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 3.20% of the company’s stock.

A number of institutional investors and hedge funds have recently made changes to their positions in UCFC. BlackRock Inc. lifted its position in shares of United Community Financial by 1.4% during the 2nd quarter. BlackRock Inc. now owns 4,398,772 shares of the savings and loans company’s stock worth $42,096,000 after buying an additional 60,317 shares during the last quarter. Vanguard Group Inc. grew its position in shares of United Community Financial by 1.2% in the 2nd quarter. Vanguard Group Inc. now owns 2,258,326 shares of the savings and loans company’s stock valued at $21,613,000 after buying an additional 26,787 shares during the last quarter. State Street Corp raised its stake in United Community Financial by 3.3% during the 3rd quarter. State Street Corp now owns 1,091,887 shares of the savings and loans company’s stock worth $11,771,000 after acquiring an additional 34,566 shares in the last quarter. Northern Trust Corp raised its stake in United Community Financial by 2.5% during the 2nd quarter. Northern Trust Corp now owns 714,344 shares of the savings and loans company’s stock worth $6,836,000 after acquiring an additional 17,396 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in United Community Financial by 2.7% in the second quarter. Bank of America Corp DE now owns 496,752 shares of the savings and loans company’s stock valued at $4,754,000 after acquiring an additional 13,244 shares during the last quarter. 64.94% of the stock is owned by hedge funds and other institutional investors.

United Community Financial Company Profile

United Community Financial Corp. operates as the holding company for Home Savings Bank that provides consumer and business banking services. The company offers various deposit instruments, including checking accounts, regular savings accounts, money market accounts, individual retirement accounts, and certificates of deposit.

Recommended Story: Balanced Fund

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

Receive News & Ratings for United Community Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Community Financial and related companies with MarketBeat.com's FREE daily email newsletter.