Systematic Financial Management LP Has $465,000 Stake in United Community Financial Corp (NASDAQ:UCFC)

Systematic Financial Management LP lowered its position in United Community Financial Corp (NASDAQ:UCFC) by 24.3% during the second quarter, according to its most recent filing with the SEC. The firm owned 48,620 shares of the savings and loans company’s stock after selling 15,615 shares during the period. Systematic Financial Management LP owned 0.10% of United Community Financial worth $465,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Martingale Asset Management L P lifted its position in shares of United Community Financial by 23.7% in the 1st quarter. Martingale Asset Management L P now owns 404,522 shares of the savings and loans company’s stock worth $3,784,000 after purchasing an additional 77,500 shares during the period. Globeflex Capital L P lifted its position in shares of United Community Financial by 17.9% in the 1st quarter. Globeflex Capital L P now owns 21,346 shares of the savings and loans company’s stock worth $200,000 after purchasing an additional 3,246 shares during the period. AJO LP acquired a new position in shares of United Community Financial in the 1st quarter worth approximately $1,101,000. Acadian Asset Management LLC increased its stake in shares of United Community Financial by 297.5% in the 1st quarter. Acadian Asset Management LLC now owns 222,081 shares of the savings and loans company’s stock valued at $2,076,000 after acquiring an additional 166,217 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in shares of United Community Financial by 1.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,270,364 shares of the savings and loans company’s stock valued at $28,943,000 after acquiring an additional 50,551 shares in the last quarter. Hedge funds and other institutional investors own 63.36% of the company’s stock.

UCFC stock traded up $0.15 during midday trading on Tuesday, reaching $9.97. 1,443 shares of the company’s stock traded hands, compared to its average volume of 97,028. The firm has a market capitalization of $480.63 million, a P/E ratio of 13.50 and a beta of 0.51. The firm has a fifty day simple moving average of $9.58. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.00 and a current ratio of 1.03. United Community Financial Corp has a 52 week low of $8.49 and a 52 week high of $10.57.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, August 13th. Shareholders of record on Monday, August 5th will be paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 3.21%. The ex-dividend date of this dividend is Friday, August 2nd. This is a positive change from United Community Financial’s previous quarterly dividend of $0.07. United Community Financial’s payout ratio is 43.24%.

A number of analysts have commented on the stock. Zacks Investment Research lowered shares of United Community Financial from a “hold” rating to a “sell” rating in a research note on Friday, June 14th. BidaskClub upgraded shares of United Community Financial from a “sell” rating to a “hold” rating in a research note on Tuesday. ValuEngine lowered shares of United Community Financial from a “hold” rating to a “sell” rating in a research note on Tuesday, July 2nd. Finally, Boenning Scattergood restated a “hold” rating on shares of United Community Financial in a research note on Wednesday, April 17th.

In other United Community Financial news, CFO Timothy Esson sold 5,000 shares of the business’s stock in a transaction on Friday, June 21st. The shares were sold at an average price of $9.38, for a total transaction of $46,900.00. Following the completion of the sale, the chief financial officer now owns 75,864 shares in the company, valued at approximately $711,604.32. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 3.20% of the company’s stock.

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

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