Today, Deprince Race & Zollo Inc. Buys 61,383 Shares of United Community Financial Corp. (UCFC)

Today, Deprince Race & Zollo Inc. Buys 61,383 Shares of United Community Financial Corp. (UCFC)
Deprince Race & Zollo Inc. raised its position in United Community Financial Corp. (NASDAQ:UCFC) by 8.2% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 808,528 shares of the company’s stock after buying an additional 61,383 shares during the period. Deprince Race & Zollo Inc. owned approximately 1.74% of United Community Financial Corp. worth $5,749,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Victory Capital Management Inc. increased its position in shares of United Community Financial Corp. by 0.4% in the third quarter. Victory Capital Management Inc. now owns 149,080 shares of the company’s stock worth $1,060,000 after buying an additional 545 shares during the last quarter. First Trust Advisors LP increased its position in shares of United Community Financial Corp. by 3.2% in the third quarter. First Trust Advisors LP now owns 25,276 shares of the company’s stock worth $180,000 after buying an additional 787 shares during the last quarter. Mesirow Financial Investment Management Equity Management purchased a new position in shares of United Community Financial Corp. during the third quarter worth approximately $301,000. Royal Bank of Canada increased its position in shares of United Community Financial Corp. by 0.3% in the second quarter. Royal Bank of Canada now owns 90,405 shares of the company’s stock worth $549,000 after buying an additional 306 shares during the last quarter. Finally, Stifel Financial Corp increased its position in shares of United Community Financial Corp. by 4.3% in the second quarter. Stifel Financial Corp now owns 84,657 shares of the company’s stock worth $515,000 after buying an additional 3,501 shares during the last quarter. Hedge funds and other institutional investors own 60.38% of the company’s stock.

Shares of United Community Financial Corp. (NASDAQ:UCFC) traded up 1.18% during trading on Friday, hitting $8.58. 22,423 shares of the stock were exchanged. The stock has a 50-day moving average of $7.51 and a 200 day moving average of $6.70. The stock has a market cap of $399.40 million, a P/E ratio of 22.34 and a beta of 0.78. United Community Financial Corp. has a 12-month low of $5.28 and a 12-month high of $8.58.

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

The business also recently declared a quarterly dividend, which was paid on Monday, November 14th. Investors of record on Monday, October 31st were paid a $0.03 dividend. The ex-dividend date of this dividend was Thursday, October 27th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.40%. United Community Financial Corp.’s dividend payout ratio (DPR) is presently 31.58%.

A number of brokerages have commented on UCFC. Keefe, Bruyette & Woods upped their price objective on shares of United Community Financial Corp. from $7.25 to $8.00 and gave the stock an “outperform” rating in a research report on Monday, September 12th. KLR Group restated a “hold” rating on shares of United Community Financial Corp. in a research report on Wednesday. Finally, Boenning Scattergood upgraded shares of United Community Financial Corp. from a “neutral” rating to an “outperform” rating and set a $7.50 price objective for the company in a research report on Monday, September 12th. One investment analyst has rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $11.25.

In other United Community Financial Corp. news, CEO Gary M. Small sold 12,000 shares of United Community Financial Corp. stock in a transaction on Monday, October 31st. The shares were sold at an average price of $7.36, for a total value of $88,320.00. Following the completion of the transaction, the chief executive officer now owns 103,774 shares of the company’s stock, valued at $763,776.64. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Ellen J. Tressel acquired 4,000 shares of the firm’s stock in a transaction on Wednesday, November 9th. The stock was acquired at an average cost of $7.65 per share, with a total value of $30,600.00. Following the acquisition, the director now owns 4,141 shares of the company’s stock, valued at $31,678.65. The disclosure for this purchase can be found here. 3.88% of the stock is currently owned by corporate insiders.

United Community Financial Corp. Company Profile

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