United Community Financial (UCFC) Hits New 12-Month Low at $8.79

Shares of United Community Financial Corp (NASDAQ:UCFC) reached a new 52-week low on Monday . The stock traded as low as $8.79 and last traded at $8.81, with a volume of 5547 shares traded. The stock had previously closed at $8.93.

Several analysts have weighed in on UCFC shares. Boenning Scattergood reissued a “hold” rating on shares of United Community Financial in a research report on Wednesday, October 17th. ValuEngine raised shares of United Community Financial from a “sell” rating to a “hold” rating in a research report on Tuesday, November 13th. Finally, BidaskClub raised shares of United Community Financial from a “strong sell” rating to a “sell” rating in a research report on Tuesday, October 30th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $12.00.

The firm has a market cap of $444.08 million, a P/E ratio of 15.40 and a beta of 0.48. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.93 and a current ratio of 0.97.

United Community Financial (NASDAQ:UCFC) last released its quarterly earnings data on Wednesday, October 17th. The savings and loans company reported $0.19 EPS for the quarter, meeting the consensus estimate of $0.19. The business had revenue of $27.77 million for the quarter, compared to the consensus estimate of $28.12 million. United Community Financial had a net margin of 24.80% and a return on equity of 11.87%. Analysts predict that United Community Financial Corp will post 0.75 EPS for the current year.

Several hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in United Community Financial by 3.2% during the third quarter. Vanguard Group Inc. now owns 2,163,015 shares of the savings and loans company’s stock worth $20,915,000 after purchasing an additional 67,397 shares during the last quarter. TIAA CREF Investment Management LLC increased its position in United Community Financial by 11.3% during the third quarter. TIAA CREF Investment Management LLC now owns 149,644 shares of the savings and loans company’s stock worth $1,447,000 after purchasing an additional 15,206 shares during the last quarter. Teachers Advisors LLC increased its position in United Community Financial by 7.5% during the third quarter. Teachers Advisors LLC now owns 92,691 shares of the savings and loans company’s stock worth $896,000 after purchasing an additional 6,499 shares during the last quarter. Maltese Capital Management LLC increased its position in United Community Financial by 3.0% during the third quarter. Maltese Capital Management LLC now owns 1,237,200 shares of the savings and loans company’s stock worth $11,964,000 after purchasing an additional 35,460 shares during the last quarter. Finally, MetLife Investment Advisors LLC increased its position in United Community Financial by 53.1% during the third quarter. MetLife Investment Advisors LLC now owns 37,233 shares of the savings and loans company’s stock worth $360,000 after purchasing an additional 12,914 shares during the last quarter. 63.10% of the stock is currently owned by institutional investors and hedge funds.

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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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