United Community Financial (UCFC) Downgraded by ValuEngine

United Community Financial (NASDAQ:UCFC) was downgraded by research analysts at ValuEngine from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Wednesday.

UCFC has been the subject of several other reports. BidaskClub upgraded United Community Financial from a “strong sell” rating to a “sell” rating in a research note on Tuesday, October 30th. Boenning Scattergood reiterated a “hold” rating on shares of United Community Financial in a research note on Wednesday, October 17th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $12.00.

Shares of NASDAQ UCFC opened at $9.08 on Wednesday. The company has a quick ratio of 0.93, a current ratio of 0.97 and a debt-to-equity ratio of 0.31. United Community Financial has a 12 month low of $8.86 and a 12 month high of $11.98. The company has a market cap of $449.55 million, a PE ratio of 15.93 and a beta of 0.48.

United Community Financial (NASDAQ:UCFC) last issued its earnings results on Wednesday, October 17th. The savings and loans company reported $0.19 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.19. United Community Financial had a return on equity of 11.87% and a net margin of 24.80%. The company had revenue of $27.77 million during the quarter, compared to the consensus estimate of $28.12 million. On average, research analysts expect that United Community Financial will post 0.75 EPS for the current year.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Teachers Advisors LLC boosted its stake in shares of United Community Financial by 7.5% during the 3rd quarter. Teachers Advisors LLC now owns 92,691 shares of the savings and loans company’s stock worth $896,000 after acquiring an additional 6,499 shares during the period. Ramsey Quantitative Systems boosted its stake in United Community Financial by 76.8% in the 3rd quarter. Ramsey Quantitative Systems now owns 16,886 shares of the savings and loans company’s stock valued at $163,000 after purchasing an additional 7,335 shares during the period. Hillsdale Investment Management Inc. boosted its stake in United Community Financial by 6.1% in the 3rd quarter. Hillsdale Investment Management Inc. now owns 138,800 shares of the savings and loans company’s stock valued at $1,342,000 after purchasing an additional 8,000 shares during the period. California Public Employees Retirement System boosted its stake in United Community Financial by 9.3% in the 2nd quarter. California Public Employees Retirement System now owns 101,024 shares of the savings and loans company’s stock valued at $1,110,000 after purchasing an additional 8,622 shares during the period. Finally, SG Americas Securities LLC bought a new stake in United Community Financial in the 2nd quarter valued at $103,000. Institutional investors own 63.10% of the company’s stock.

About United Community Financial

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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To view ValuEngine’s full report, visit ValuEngine’s official website.

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