Todays Report: Today, United Community Financial Corp. (UCFC) Rating Reiterate by KLR Group

Today, United Community Financial Corp. (UCFC) Rating Reiterate by KLR Group

United Community Financial Corp. (NASDAQ:UCFC)‘s stock had its “hold” rating restated by stock analysts at KLR Group in a report released on Wednesday.

UCFC has been the subject of several other reports. Boenning Scattergood upgraded United Community Financial Corp. from a “neutral” rating to an “outperform” rating and set a $7.50 price target for the company in a report on Monday, September 12th. Keefe, Bruyette & Woods boosted their price target on United Community Financial Corp. from $7.25 to $8.00 and gave the company an “outperform” rating in a report on Monday, September 12th. One research analyst has rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Buy” and an average target price of $11.25.

Shares of United Community Financial Corp. (NASDAQ:UCFC) opened at 8.48 on Wednesday. The firm has a market capitalization of $394.74 million, a PE ratio of 22.08 and a beta of 0.78. United Community Financial Corp. has a 52 week low of $5.28 and a 52 week high of $8.53. The stock has a 50 day moving average price of $7.51 and a 200 day moving average price of $6.70.

United Community Financial Corp. (NASDAQ:UCFC) last issued its quarterly earnings results on Tuesday, October 18th. The company reported $0.11 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.11. United Community Financial Corp. had a return on equity of 7.21% and a net margin of 19.93%. Equities analysts forecast that United Community Financial Corp. will post $0.41 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, November 14th. Stockholders of record on Monday, October 31st were paid a dividend of $0.03 per share. The ex-dividend date was Thursday, October 27th. This represents a $0.12 annualized dividend and a dividend yield of 1.42%. United Community Financial Corp.’s dividend payout ratio is presently 31.58%.

In other news, CEO Gary M. Small sold 12,000 shares of the business’s stock in a transaction on Monday, October 31st. The shares were sold at an average price of $7.36, for a total transaction of $88,320.00. Following the completion of the sale, the chief executive officer now directly owns 103,774 shares of the company’s stock, valued at approximately $763,776.64. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Ellen J. Tressel purchased 4,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 9th. The shares were acquired at an average cost of $7.65 per share, with a total value of $30,600.00. Following the completion of the transaction, the director now owns 4,141 shares in the company, valued at approximately $31,678.65. The disclosure for this purchase can be found here. Insiders own 3.88% of the company’s stock.

Hedge funds have recently made changes to their positions in the company. The Manufacturers Life Insurance Company acquired a new stake in shares of United Community Financial Corp. during the third quarter worth $16,800,000. Zacks Investment Management acquired a new stake in shares of United Community Financial Corp. during the third quarter worth $241,000. Northern Trust Corp boosted its stake in shares of United Community Financial Corp. by 1.6% in the third quarter. Northern Trust Corp now owns 555,360 shares of the company’s stock worth $3,948,000 after buying an additional 8,737 shares during the period. California State Teachers Retirement System boosted its stake in shares of United Community Financial Corp. by 1.0% in the third quarter. California State Teachers Retirement System now owns 98,546 shares of the company’s stock worth $701,000 after buying an additional 1,000 shares during the period. Finally, Rhumbline Advisers boosted its stake in shares of United Community Financial Corp. by 0.6% in the third quarter. Rhumbline Advisers now owns 70,742 shares of the company’s stock worth $503,000 after buying an additional 420 shares during the period. 60.38% of the stock is owned by hedge funds and other institutional investors.

United Community Financial Corp. Company Profile

United Community Financial Corp. is a unitary thrift holding company for The Home Savings and Loan Company of Youngstown, Ohio (the Bank). The Bank operates through banking services segment. The Bank conducts its business through over 30 retail banking offices and loan production centers located throughout Ohio and western Pennsylvania.

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