BidaskClub Downgrades United Community Financial (UCFC) to Sell

United Community Financial (NASDAQ:UCFC) was downgraded by equities research analysts at BidaskClub from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Thursday.

A number of other research analysts have also issued reports on the company. Zacks Investment Research raised United Community Financial from a “hold” rating to a “buy” rating and set a $10.00 target price on the stock in a report on Saturday, January 6th. Boenning Scattergood lowered United Community Financial from an “outperform” rating to a “neutral” rating in a report on Wednesday, October 18th. 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 stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $10.33.

United Community Financial (NASDAQ UCFC) opened at $9.47 on Thursday. The stock has a market capitalization of $465.63, a P/E ratio of 22.02 and a beta of 0.49. The company has a quick ratio of 1.01, a current ratio of 1.06 and a debt-to-equity ratio of 1.13. United Community Financial has a twelve month low of $7.81 and a twelve month high of $10.23.

United Community Financial (NASDAQ:UCFC) last released its earnings results on Tuesday, January 23rd. The savings and loans company reported $0.16 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.15 by $0.01. The business had revenue of $27.34 million for the quarter, compared to analyst estimates of $26.98 million. United Community Financial had a return on equity of 9.99% and a net margin of 18.34%. sell-side analysts forecast that United Community Financial will post 0.72 EPS for the current year.

In related news, EVP Matthew T. Garrity sold 35,000 shares of the company’s stock in a transaction on Friday, December 15th. The stock was sold at an average price of $9.47, for a total transaction of $331,450.00. Following the transaction, the executive vice president now owns 43,993 shares of the company’s stock, valued at $416,613.71. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have sold 36,200 shares of company stock worth $342,896 in the last ninety days. 3.56% of the stock is currently owned by corporate insiders.

A number of hedge funds have recently made changes to their positions in UCFC. Sei Investments Co. acquired a new position in United Community Financial during the third quarter worth $102,000. Virtu KCG Holdings LLC acquired a new position in United Community Financial during the second quarter worth $103,000. Dynamic Technology Lab Private Ltd acquired a new position in United Community Financial during the second quarter worth $117,000. Bessemer Group Inc. acquired a new position in United Community Financial during the fourth quarter worth $123,000. Finally, Citadel Advisors LLC acquired a new position in United Community Financial during the fourth quarter worth $137,000. 60.08% of the stock is currently owned by hedge funds and other institutional investors.

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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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