United Financial Bancorp Inc (NASDAQ:UBNK) EVP Brandon Craig Lorey sold 20,000 shares of the firm’s stock in a transaction dated Monday, December 18th. The shares were sold at an average price of $18.26, for a total value of $365,200.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Shares of United Financial Bancorp Inc (NASDAQ:UBNK) opened at $17.89 on Friday. The company has a debt-to-equity ratio of 1.56, a quick ratio of 1.02 and a current ratio of 1.03. The firm has a market capitalization of $888.86, a PE ratio of 15.29 and a beta of 0.72. United Financial Bancorp Inc has a 52 week low of $15.75 and a 52 week high of $19.35.
United Financial Bancorp (NASDAQ:UBNK) last announced its earnings results on Tuesday, October 17th. The bank reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.01. The company had revenue of $54.84 million during the quarter, compared to the consensus estimate of $56.29 million. United Financial Bancorp had a return on equity of 8.87% and a net margin of 22.67%. During the same period last year, the firm earned $0.28 earnings per share. sell-side analysts predict that United Financial Bancorp Inc will post 1.16 EPS for the current fiscal year.
Several research firms have commented on UBNK. Keefe, Bruyette & Woods reissued a “buy” rating and issued a $21.00 price objective on shares of United Financial Bancorp in a research report on Tuesday, October 3rd. BidaskClub downgraded United Financial Bancorp from a “buy” rating to a “hold” rating in a research note on Thursday, December 7th.
Several institutional investors have recently made changes to their positions in UBNK. Aperio Group LLC acquired a new stake in shares of United Financial Bancorp during the second quarter valued at about $254,000. Janney Montgomery Scott LLC grew its stake in shares of United Financial Bancorp by 7.3% during the second quarter. Janney Montgomery Scott LLC now owns 11,988 shares of the bank’s stock valued at $200,000 after acquiring an additional 820 shares in the last quarter. Sei Investments Co. grew its stake in shares of United Financial Bancorp by 71.5% during the second quarter. Sei Investments Co. now owns 6,187 shares of the bank’s stock valued at $103,000 after acquiring an additional 2,579 shares in the last quarter. Schwab Charles Investment Management Inc. grew its stake in shares of United Financial Bancorp by 6.1% during the second quarter. Schwab Charles Investment Management Inc. now owns 225,895 shares of the bank’s stock valued at $3,771,000 after acquiring an additional 12,922 shares in the last quarter. Finally, First Trust Advisors LP grew its stake in shares of United Financial Bancorp by 29.1% during the second quarter. First Trust Advisors LP now owns 174,382 shares of the bank’s stock valued at $2,910,000 after acquiring an additional 39,323 shares in the last quarter. Institutional investors own 64.58% of the company’s stock.
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United Financial Bancorp Company Profile
United Financial Bancorp, Inc is a bank holding company. The Company, through its subsidiary United Bank (the Bank) and various subsidiaries, delivers financial services to individuals, families and businesses in Connecticut and Massachusetts, including retail, commercial and consumer banking, as well as financial advisory services.
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