United Community Financial (NASDAQ:UCFC) Raised to “Buy” at BidaskClub

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BidaskClub upgraded shares of United Community Financial (NASDAQ:UCFC) from a hold rating to a buy rating in a report released on Thursday, September 19th, BidAskClub reports.

Several other analysts have also weighed in on UCFC. ValuEngine raised United Community Financial from a sell rating to a hold rating in a report on Monday, September 16th. Raymond James downgraded United Community Financial from an outperform rating to a market perform rating in a research note on Wednesday, September 11th. Finally, Zacks Investment Research upgraded United Community Financial from a hold rating to a buy rating and set a $11.00 target price for the company in a research note on Friday, September 13th. One investment 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. The company presently has a consensus rating of Hold and an average target price of $11.00.

United Community Financial stock traded up $0.05 during midday trading on Thursday, hitting $10.51. The stock had a trading volume of 113,948 shares, compared to its average volume of 211,152. The company has a current ratio of 1.04, a quick ratio of 1.00 and a debt-to-equity ratio of 0.73. The stock has a market cap of $504.90 million, a P/E ratio of 14.20 and a beta of 0.53. United Community Financial has a 12 month low of $8.49 and a 12 month high of $11.06. The business has a fifty day moving average price of $10.29 and a 200 day moving average price of $9.65.

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

In other United Community Financial news, CFO Timothy Esson sold 4,000 shares of United Community Financial stock in a transaction that occurred on Monday, September 30th. The stock was sold at an average price of $10.87, for a total value of $43,480.00. Following the completion of the transaction, the chief financial officer now directly owns 71,864 shares in the company, valued at $781,161.68. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 3.20% of the company’s stock.

Hedge funds have recently modified their holdings of the business. Aperio Group LLC acquired a new position in shares of United Community Financial during the second quarter worth approximately $54,000. BNP Paribas Arbitrage SA boosted its position in shares of United Community Financial by 424.9% during the first quarter. BNP Paribas Arbitrage SA now owns 9,999 shares of the savings and loans company’s stock worth $93,000 after buying an additional 8,094 shares during the period. Paloma Partners Management Co acquired a new position in shares of United Community Financial during the second quarter worth approximately $100,000. Campbell & CO Investment Adviser LLC acquired a new position in shares of United Community Financial during the first quarter worth approximately $117,000. Finally, SG Americas Securities LLC acquired a new position in shares of United Community Financial during the first quarter worth approximately $121,000. Institutional investors own 63.18% of the company’s stock.

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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