United Community Financial (UCFC) Rating Lowered to Sell at ValuEngine

ValuEngine cut shares of United Community Financial (NASDAQ:UCFC) from a hold rating to a sell rating in a research note published on Friday, March 22nd, ValuEngine reports.

Several other equities analysts have also weighed in on UCFC. BidaskClub lowered United Community Financial from a hold rating to a sell rating in a research note on Friday, March 15th. Zacks Investment Research raised United Community Financial from a sell rating to a hold rating in a research note on Saturday, January 26th. Finally, Boenning Scattergood reaffirmed a hold rating on shares of United Community Financial in a research note on Friday, January 25th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the stock. The stock currently has a consensus rating of Hold and an average price target of $11.50.

United Community Financial stock traded down $0.05 during midday trading on Friday, reaching $9.40. 56,995 shares of the company were exchanged, compared to its average volume of 104,458. The stock has a market cap of $464.28 million, a PE ratio of 12.70 and a beta of 0.58. United Community Financial has a 1 year low of $8.49 and a 1 year high of $11.98. The company has a current ratio of 1.05, a quick ratio of 1.01 and a debt-to-equity ratio of 0.79.

United Community Financial (NASDAQ:UCFC) last posted its quarterly earnings data on Wednesday, January 23rd. The savings and loans company reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.02). The company had revenue of $29.08 million for the quarter, compared to analysts’ expectations of $29.03 million. United Community Financial had a return on equity of 12.26% and a net margin of 27.75%. On average, equities analysts predict that United Community Financial will post 0.82 EPS for the current year.

In related news, Director Richard J. Schiraldi sold 16,369 shares of the business’s stock in a transaction that occurred on Thursday, March 28th. The stock was sold at an average price of $9.26, for a total transaction of $151,576.94. Following the transaction, the director now directly owns 5,751 shares of the company’s stock, valued at approximately $53,254.26. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 3.20% of the company’s stock.

Institutional investors and hedge funds have recently made changes to their positions in the business. Legal & General Group Plc increased its holdings in shares of United Community Financial by 56.2% in the 4th quarter. Legal & General Group Plc now owns 10,843 shares of the savings and loans company’s stock valued at $96,000 after acquiring an additional 3,902 shares during the last quarter. Private Advisor Group LLC bought a new position in United Community Financial during the 3rd quarter worth $107,000. Jefferies Group LLC bought a new position in United Community Financial during the 3rd quarter worth $124,000. Citigroup Inc. grew its stake in United Community Financial by 17.9% during the 4th quarter. Citigroup Inc. now owns 15,420 shares of the savings and loans company’s stock worth $136,000 after buying an additional 2,342 shares during the last quarter. Finally, Metropolitan Life Insurance Co. NY grew its stake in United Community Financial by 356.4% during the 4th quarter. Metropolitan Life Insurance Co. NY now owns 16,537 shares of the savings and loans company’s stock worth $146,000 after buying an additional 12,914 shares during the last quarter. 62.99% of the stock is currently owned by 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.

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