United Community Financial (NASDAQ:UCFC) Downgraded by BidaskClub

BidaskClub lowered shares of United Community Financial (NASDAQ:UCFC) from a hold rating to a sell rating in a research report released on Tuesday, December 19th.

A number of other research analysts have also commented on the company. Boenning Scattergood lowered United Community Financial from an outperform rating to a neutral rating in a report on Wednesday, October 18th. ValuEngine lowered United Community Financial from a buy rating to a hold rating in a report on Friday, October 6th. Finally, Zacks Investment Research lowered United Community Financial from a buy rating to a hold rating in a report on Wednesday, September 20th. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. United Community Financial presently has an average rating of Hold and a consensus target price of $10.33.

Shares of United Community Financial (UCFC) traded up $0.34 during midday trading on Tuesday, hitting $9.60. The stock had a trading volume of 78,314 shares, compared to its average volume of 57,239. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.01 and a current ratio of 1.06. The firm has a market cap of $463.36, a price-to-earnings ratio of 21.33 and a beta of 0.53. United Community Financial has a fifty-two week low of $7.81 and a fifty-two week high of $10.23.

In other news, EVP Matthew T. Garrity sold 35,000 shares of United Community Financial stock in a transaction that occurred on Friday, December 15th. The stock was sold at an average price of $9.47, for a total transaction of $331,450.00. Following the sale, the executive vice president now owns 43,993 shares of the company’s stock, valued at approximately $416,613.71. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold a total of 36,200 shares of company stock worth $342,896 in the last three months. 3.56% of the stock is owned by insiders.

Several large investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP grew its holdings in shares of United Community Financial by 1.2% during the 3rd quarter. Dimensional Fund Advisors LP now owns 3,068,196 shares of the savings and loans company’s stock worth $29,455,000 after purchasing an additional 35,114 shares in the last quarter. Wells Fargo & Company MN lifted its position in shares of United Community Financial by 36.3% during the 3rd quarter. Wells Fargo & Company MN now owns 60,993 shares of the savings and loans company’s stock worth $585,000 after buying an additional 16,237 shares during the period. Trexquant Investment LP bought a new position in shares of United Community Financial during the 3rd quarter worth approximately $163,000. Dynamic Technology Lab Private Ltd lifted its position in shares of United Community Financial by 50.6% during the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 21,113 shares of the savings and loans company’s stock worth $203,000 after buying an additional 7,095 shares during the period. Finally, Macquarie Group Ltd. bought a new position in shares of United Community Financial during the 3rd quarter worth approximately $328,000. 59.63% of the stock is currently owned by institutional investors.

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United Community Financial Company Profile

United Community Financial Corp. is financial services holding company. The Company’s subsidiaries include The Home Savings and Loan Company of Youngstown, Ohio (Home Savings or the Bank), HSB Insurance, LLC and HSB Capital, LLC. The principal business of Home Savings is the origination of mortgage loans, including construction loans, on residential and nonresidential real estate located in Home Savings’ primary market area.

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