United Financial Bancorp Inc (NASDAQ:UBNK) Holdings Reduced by Brinker Capital Inc.

Brinker Capital Inc. cut its stake in United Financial Bancorp Inc (NASDAQ:UBNK) by 19.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 51,715 shares of the bank’s stock after selling 12,290 shares during the quarter. Brinker Capital Inc. owned about 0.10% of United Financial Bancorp worth $760,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Dimensional Fund Advisors LP increased its stake in shares of United Financial Bancorp by 1.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 4,272,910 shares of the bank’s stock worth $62,812,000 after acquiring an additional 59,156 shares in the last quarter. BlackRock Inc. grew its position in United Financial Bancorp by 3.6% during the 4th quarter. BlackRock Inc. now owns 3,984,825 shares of the bank’s stock valued at $58,577,000 after purchasing an additional 139,023 shares during the last quarter. Vanguard Group Inc grew its position in United Financial Bancorp by 2.3% during the 3rd quarter. Vanguard Group Inc now owns 2,327,132 shares of the bank’s stock valued at $39,165,000 after purchasing an additional 52,841 shares during the last quarter. Vanguard Group Inc. grew its position in United Financial Bancorp by 2.3% during the 3rd quarter. Vanguard Group Inc. now owns 2,327,132 shares of the bank’s stock valued at $39,165,000 after purchasing an additional 52,841 shares during the last quarter. Finally, Renaissance Technologies LLC grew its position in United Financial Bancorp by 6.8% during the 3rd quarter. Renaissance Technologies LLC now owns 1,745,812 shares of the bank’s stock valued at $29,382,000 after purchasing an additional 111,073 shares during the last quarter. Institutional investors and hedge funds own 69.46% of the company’s stock.

In other United Financial Bancorp news, EVP Brandon Craig Lorey sold 14,137 shares of the firm’s stock in a transaction that occurred on Thursday, February 21st. The shares were sold at an average price of $16.11, for a total transaction of $227,747.07. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Kevin E. Ross sold 5,636 shares of the firm’s stock in a transaction that occurred on Tuesday, February 19th. The stock was sold at an average price of $15.59, for a total transaction of $87,865.24. The disclosure for this sale can be found here. In the last three months, insiders sold 24,313 shares of company stock worth $388,843. 3.37% of the stock is currently owned by insiders.

A number of analysts have recently issued reports on UBNK shares. BidaskClub downgraded shares of United Financial Bancorp from a “sell” rating to a “strong sell” rating in a report on Friday, March 22nd. Zacks Investment Research raised shares of United Financial Bancorp from a “strong sell” rating to a “hold” rating in a report on Wednesday, March 27th.

Shares of NASDAQ UBNK traded down $0.06 during trading on Monday, reaching $14.81. 77,300 shares of the company traded hands, compared to its average volume of 160,231. The company has a quick ratio of 1.00, a current ratio of 1.01 and a debt-to-equity ratio of 1.27. The company has a market cap of $775.64 million, a PE ratio of 12.66 and a beta of 0.75. United Financial Bancorp Inc has a 52-week low of $13.37 and a 52-week high of $18.33.

United Financial Bancorp (NASDAQ:UBNK) last posted its quarterly earnings data on Tuesday, January 22nd. The bank reported $0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.09). The business had revenue of $57.86 million during the quarter, compared to analysts’ expectations of $57.40 million. United Financial Bancorp had a return on equity of 8.49% and a net margin of 19.34%. As a group, equities research analysts anticipate that United Financial Bancorp Inc will post 1.14 EPS for the current fiscal year.

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United Financial Bancorp Company Profile

United Financial Bancorp, Inc operates as the holding company for United Bank that provides retail, commercial, and consumer banking services to individuals, families, and businesses. The company accepts various deposits, such as interest-bearing checking, non-interest-bearing checking, regular savings, money market savings, and time deposits.

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Institutional Ownership by Quarter for United Financial Bancorp (NASDAQ:UBNK)

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