United Community Financial (NASDAQ:UCFC) Reaches New 12-Month High at $10.81

United Community Financial Corp (NASDAQ:UCFC) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $10.81 and last traded at $10.75, with a volume of 153957 shares trading hands. The stock had previously closed at $10.63.

UCFC has been the subject of several analyst reports. Zacks Investment Research upgraded shares of United Community Financial from a “hold” rating to a “buy” rating and set a $11.00 price target for the company in a research report on Friday. ValuEngine lowered shares of United Community Financial from a “hold” rating to a “sell” rating in a research report on Tuesday, July 2nd. BidaskClub lowered shares of United Community Financial from a “buy” rating to a “hold” rating in a research report on Wednesday, September 4th. Finally, Raymond James lowered shares of United Community Financial from an “outperform” rating to a “market perform” rating in a research report on Wednesday, September 11th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. United Community Financial has an average rating of “Hold” and an average price target of $11.00.

The stock has a market capitalization of $516.92 million, a P/E ratio of 14.53 and a beta of 0.52. The firm’s 50 day moving average price is $9.84 and its 200 day moving average price is $9.50. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.04 and a quick ratio of 1.00.

United Community Financial (NASDAQ:UCFC) last issued its quarterly earnings data on Tuesday, July 23rd. The savings and loans company reported $0.22 EPS for the quarter, beating the consensus estimate of $0.21 by $0.01. The firm had revenue of $28.71 million during the quarter, compared to the consensus estimate of $28.63 million. United Community Financial had a net margin of 27.00% and a return on equity of 12.25%. On average, equities research analysts forecast that United Community Financial Corp will post 0.82 earnings per share for the current year.

In other news, CFO Timothy Esson sold 5,000 shares of the company’s stock in a transaction dated 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 transaction, the chief financial officer now directly owns 75,864 shares of the company’s stock, valued at $711,604.32. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 3.20% of the company’s stock.

Hedge funds have recently added to or reduced their stakes in the stock. Cambridge Investment Research Advisors Inc. increased its stake in shares of United Community Financial by 2.6% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 88,573 shares of the savings and loans company’s stock valued at $848,000 after purchasing an additional 2,230 shares in the last quarter. Globeflex Capital L P increased its stake in shares of United Community Financial by 17.9% during the first quarter. Globeflex Capital L P now owns 21,346 shares of the savings and loans company’s stock valued at $200,000 after purchasing an additional 3,246 shares in the last quarter. Parametric Portfolio Associates LLC increased its stake in shares of United Community Financial by 6.1% during the second quarter. Parametric Portfolio Associates LLC now owns 57,144 shares of the savings and loans company’s stock valued at $547,000 after purchasing an additional 3,267 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of United Community Financial by 3.1% during the second quarter. Charles Schwab Investment Management Inc. now owns 117,829 shares of the savings and loans company’s stock valued at $1,128,000 after purchasing an additional 3,583 shares in the last quarter. Finally, Sequoia Financial Advisors LLC increased its stake in shares of United Community Financial by 1.9% during the second quarter. Sequoia Financial Advisors LLC now owns 266,227 shares of the savings and loans company’s stock valued at $2,548,000 after purchasing an additional 5,081 shares in the last quarter. 63.18% of the stock is owned by institutional investors.

About United Community Financial (NASDAQ:UCFC)

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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