Here is the rundown on market activity for United Community Financial Corp (NASDAQ:UCFC). CFO Timothy Esson sold 2,500 shares at an average price of $8.67 on Fri the 9th. That brings the CFO’s holdings to $552,210 as reported to the SEC. Timothy Esson, CFO let go of $33,920 worth of shares at an average price of $8.48 on Fri the 31st. Esson now owns $561,308 of stock as recorded in a recent Form 4 SEC filing.
Director Richard J. Schiraldi acquired 5,000 shares at an average price of $8.50 on March 13th. The Director now owns $1,311,023 of the stock per an SEC filing yesterday.
United Community Financial Corp., launched on February 2, 1998, is financial services holding company. The Business’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, which consists of Ashland, Columbiana, Cuyahoga, Erie, Franklin, Geauga, Huron, Lake, Lucas, Mahoning, Portage, Richland, Stark, Summit and Trumbull Counties in Ohio, Allegheny and Beaver Counties in Pennsylvania and Monongalia County in West Virginia. In addition to real estate lending, Home Savings originates commercial loans and various types of consumer loans..
Here are a few other firms who have also updated their positions. Morgan Stanley divested its holdings by shedding 997 shares a decrease of 49.3% in the quarter. Morgan Stanley controls 1,026 shares valued at $9,000. The total value of its holdings decreased 50.0%. As of the end of the quarter Goldman Sachs Group Inc had bought 18,108 shares growing its position 29.1%. The value of the investment in United Community Financial Corp went from $556,000 to $670,000 increasing 20.5% quarter over quarter.
Manufacturers Life Insurance Company, The added to its investment by buying 91,568 shares an increase of 3.8% as of 03/31/2017. Manufacturers Life Insurance Company, The now controls 2,481,041 shares worth $20,692,000. The value of the position overall is down by 3.1%. Fj Capital Management LLC bolstered its stake by buying 91,000 shares an increase of 6.5%. Fj Capital Management LLC owns 1,492,000 shares with a value of $12,444,000. The value of the position overall is down by 0.6%.
On September 12 the company was rated “Outperform” in a report from Boenning & Scattergood up from the previous “” rating. September 12 investment analysts at Keefe Bruyette & Woods maintained a company rating of “Outperform” and raised the price expectation to $8.00 from $6.00.
On February 1 the company was downgraded from “Outperform” to “Neutral” in an announcement from Boenning & Scattergood. On December 8 Keefe Bruyette & Woods made no change to the company rating of “Outperform” and moved down the price target from $6.00 to $6.75.
Equity analyst Keefe Bruyette & Woods upgraded the stock and raised the price target on October 22 boosting the price target from $5.75 to $6.00 and setting the rating at “Outperform” which had previously been “Market Perform”. On October 22 the stock rating was upgraded to “Outperform” from “Market Perform” and a price target of $6.00 was set in a report issued by Keefe Bruyette & Woods.
The company is up by 0.91% since yesterday’s close of $8.78. Additionally United Community Financial Corp recently declared a dividend for shareholders paid on Friday the 19th of May 2017. The dividend was $0.030 per share for the quarter or $0.12 on an annualized basis. This dividend represents a yeild of $1.37 which is the dividend as a percentage of the current share price. The ex-dividend date was set for Thursday the 4th of May 2017.
Shares of the company are trading at $8.86 marginally over $8.34, the 50 day moving average and slightly over the 200 day moving average of $8.55. The 50 day moving average was up by +5.29% and the 200 day average moved up $0.23.
United Community Financial Corp currently has a P/E ratio of 24.53 and market capitalization is 436.23M. As of the last earnings report the EPS was $0.36 and is expected to be $0.54 for the current year with 49,684,000 shares now outstanding. Next quarter’s EPS is estimated at $0.15 and the next full year EPS is projected to be $0.66.
Traders are more bullish on the company as inferred by the change in short interest. The firm had a fall in short interest between May 15, 2017 and April 28, 2017 of -7.53%. Short interest decreased from 185,576 to 171,607 over that timeframe. Days to cover decreased from 2.5 to 1.2 and the short interest percentage is 0.00% as of April 28.