Alliancebernstein L.P. Acquires New Holdings in United Community Financial Corp. (UCFC)

Alliancebernstein L.P. acquired a new stake in shares of United Community Financial Corp. (NASDAQ:UCFC) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 30,200 shares of the savings and loans company’s stock, valued at approximately $251,000. Alliancebernstein L.P. owned 0.06% of United Community Financial Corp. at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in UCFC. Bank of New York Mellon Corp grew its holdings in United Community Financial Corp. by 7.1% during the first quarter. Bank of New York Mellon Corp now owns 261,581 shares of the savings and loans company’s stock valued at $2,182,000 after purchasing an additional 17,309 shares during the period. Parametric Portfolio Associates LLC grew its holdings in United Community Financial Corp. 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 purchasing an additional 2,107 shares during the period. American International Group Inc. grew its holdings in United Community Financial Corp. by 7.1% during the first quarter. American International Group Inc. now owns 28,661 shares of the savings and loans company’s stock valued at $239,000 after purchasing an additional 1,909 shares during the period. California Public Employees Retirement System grew its holdings in United Community Financial Corp. by 1.1% during the first quarter. California Public Employees Retirement System now owns 92,402 shares of the savings and loans company’s stock valued at $771,000 after purchasing an additional 963 shares during the period. Finally, Vanguard Group Inc. grew its holdings in United Community Financial Corp. by 2.1% during the first quarter. Vanguard Group Inc. now owns 1,832,635 shares of the savings and loans company’s stock valued at $15,285,000 after purchasing an additional 38,282 shares during the period. 58.09% of the stock is owned by institutional investors and hedge funds.

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Shares of United Community Financial Corp. (NASDAQ:UCFC) opened at $8.99 on Friday. The stock has a market capitalization of $448.93, a price-to-earnings ratio of 17.02 and a beta of 0.55. United Community Financial Corp. has a 12-month low of $7.32 and a 12-month high of $10.00. The company has a current ratio of 1.05, a quick ratio of 1.01 and a debt-to-equity ratio of 1.15.

The business also recently announced a quarterly dividend, which will be paid on Friday, November 17th. Shareholders of record on Friday, November 3rd will be given a dividend of $0.04 per share. The ex-dividend date of this dividend is Thursday, November 2nd. This represents a $0.16 annualized dividend and a dividend yield of 1.78%. United Community Financial Corp.’s dividend payout ratio is currently 35.56%.

Several equities analysts have weighed in on the company. ValuEngine lowered United Community Financial Corp. from a “buy” rating to a “hold” rating in a report on Friday, October 6th. Boenning Scattergood lowered United Community Financial Corp. from an “outperform” rating to a “neutral” rating in a report on Wednesday, October 18th. Keefe, Bruyette & Woods reissued a “buy” rating and set a $11.00 price objective on shares of United Community Financial Corp. in a report on Friday, July 21st. Finally, Zacks Investment Research raised United Community Financial Corp. from a “hold” rating to a “buy” rating and set a $10.00 price objective for the company in a report on Saturday, July 22nd. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company. United Community Financial Corp. has a consensus rating of “Hold” and an average target price of $10.33.

In other United Community Financial Corp. news, General Counsel Jude J. Nohra sold 55,348 shares of the stock in a transaction 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 owns 86,431 shares in the company, valued at $796,029.51. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, General Counsel Jude J. Nohra sold 22,260 shares of the stock in a transaction on Monday, September 25th. The stock was sold at an average price of $9.15, for a total value of $203,679.00. Following the sale, the general counsel now owns 86,431 shares in the company, valued at approximately $790,843.65. The disclosure for this sale can be found here. In 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.

About United Community Financial Corp.

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.

Institutional Ownership by Quarter for United Community Financial Corp. (NASDAQ:UCFC)

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