United Community Financial (NASDAQ:UCFC) Upgraded by ValuEngine to “Hold”

United Community Financial (NASDAQ:UCFC) was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating in a report released on Monday, ValuEngine reports.

A number of other equities research analysts have also recently issued reports on UCFC. Raymond James cut shares of United Community Financial from an “outperform” rating to a “market perform” rating in a report on Wednesday, September 11th. BidaskClub cut shares of United Community Financial from a “buy” rating to a “hold” rating in a report on Wednesday, September 4th. Finally, Zacks Investment Research raised shares of United Community Financial from a “hold” rating to a “buy” rating and set a $11.00 target price on the stock in a report on Friday. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $11.00.

UCFC stock traded up $0.12 during midday trading on Monday, reaching $10.75. 153,957 shares of the company’s stock traded hands, compared to its average volume of 105,332. The company has a 50-day moving average price of $9.84 and a two-hundred day moving average price of $9.50. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.00 and a current ratio of 1.04. United Community Financial has a 52 week low of $8.49 and a 52 week high of $10.81. The firm has a market capitalization of $516.92 million, a PE ratio of 14.53 and a beta of 0.52.

United Community Financial (NASDAQ:UCFC) last issued its earnings results on Tuesday, July 23rd. The savings and loans company reported $0.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.21 by $0.01. United Community Financial had a net margin of 27.00% and a return on equity of 12.25%. The business had revenue of $28.71 million for the quarter, compared to analysts’ expectations of $28.63 million. As a group, analysts predict that United Community Financial will post 0.82 EPS for the current fiscal year.

In other news, CFO Timothy Esson sold 5,000 shares of the company’s stock in a transaction on Friday, June 21st. The shares were sold at an average price of $9.38, for a total value of $46,900.00. Following the transaction, the chief financial officer now owns 75,864 shares of the company’s stock, valued at $711,604.32. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Corporate insiders own 3.20% of the company’s stock.

Several institutional investors have recently added to or reduced their stakes in UCFC. Dimensional Fund Advisors LP increased its holdings in shares of United Community Financial by 1.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,270,364 shares of the savings and loans company’s stock worth $28,943,000 after purchasing an additional 50,551 shares during the period. BNP Paribas Arbitrage SA increased its holdings in shares of United Community Financial by 424.9% in the first quarter. BNP Paribas Arbitrage SA now owns 9,999 shares of the savings and loans company’s stock worth $93,000 after purchasing an additional 8,094 shares during the period. SG Americas Securities LLC bought a new position in shares of United Community Financial in the first quarter worth $121,000. Victory Capital Management Inc. increased its holdings in shares of United Community Financial by 18.6% in the first quarter. Victory Capital Management Inc. now owns 215,526 shares of the savings and loans company’s stock worth $2,015,000 after purchasing an additional 33,826 shares during the period. Finally, IndexIQ Advisors LLC bought a new position in shares of United Community Financial in the first quarter worth $697,000. 63.18% of the stock is currently owned by hedge funds and other institutional investors.

About United Community Financial

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.

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