United Community Financial Corp. (UCFC) Shares Bought by Nationwide Fund Advisors

Nationwide Fund Advisors increased its holdings in United Community Financial Corp. (NASDAQ:UCFC) by 8.0% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 63,653 shares of the savings and loans company’s stock after acquiring an additional 4,700 shares during the quarter. Nationwide Fund Advisors owned about 0.13% of United Community Financial Corp. worth $529,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also made changes to their positions in the stock. California Public Employees Retirement System lifted its stake in United Community Financial Corp. by 1.1% in the first quarter. California Public Employees Retirement System now owns 92,402 shares of the savings and loans company’s stock worth $771,000 after acquiring an additional 963 shares during the period. Rhumbline Advisers lifted its stake in United Community Financial Corp. by 3.0% in the second quarter. Rhumbline Advisers now owns 62,011 shares of the savings and loans company’s stock worth $515,000 after acquiring an additional 1,811 shares during the period. American International Group Inc. lifted its stake in United Community Financial Corp. by 7.1% in the first quarter. American International Group Inc. now owns 28,661 shares of the savings and loans company’s stock worth $239,000 after acquiring an additional 1,909 shares during the period. Parametric Portfolio Associates LLC lifted its stake in United Community Financial Corp. by 12.2% in the first quarter. Parametric Portfolio Associates LLC now owns 19,357 shares of the savings and loans company’s stock worth $161,000 after acquiring an additional 2,107 shares during the period. Finally, Strs Ohio lifted its stake in United Community Financial Corp. by 2.8% in the second quarter. Strs Ohio now owns 81,700 shares of the savings and loans company’s stock worth $678,000 after acquiring an additional 2,200 shares during the period. 58.15% of the stock is owned by institutional investors.

A number of brokerages recently commented on UCFC. ValuEngine lowered United Community Financial Corp. from a “buy” rating to a “hold” rating in a research note on Friday, October 6th. Boenning Scattergood lowered United Community Financial Corp. from an “outperform” rating to a “neutral” rating in a research report on Wednesday, October 18th. Zacks Investment Research lowered United Community Financial Corp. from a “buy” rating to a “hold” rating in a research report on Wednesday, September 20th. Finally, Keefe, Bruyette & Woods reissued a “buy” rating and set a $11.00 price objective on shares of United Community Financial Corp. in a research report on Friday, July 21st. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. United Community Financial Corp. currently has a consensus rating of “Hold” and a consensus price target of $10.33.

In related news, CFO Timothy Esson sold 3,500 shares of the company’s stock in a transaction that occurred on Thursday, September 21st. The stock was sold at an average price of $9.30, for a total value of $32,550.00. Following the sale, the chief financial officer now owns 57,192 shares of the company’s stock, valued at approximately $531,885.60. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, General Counsel Jude J. Nohra sold 55,348 shares of the company’s stock in a transaction that occurred on Tuesday, September 26th. The shares were sold at an average price of $9.21, for a total value of $509,755.08. Following the completion of the sale, the general counsel now directly owns 86,431 shares in the company, valued at approximately $796,029.51. The disclosure for this sale can be found here. In the last 90 days, insiders sold 81,108 shares of company stock worth $745,984. Insiders own 3.56% of the company’s stock.

United Community Financial Corp. (UCFC) opened at $9.15 on Friday. The stock has a market cap of $463.75, a P/E ratio of 17.58 and a beta of 0.55. The company has a debt-to-equity ratio of 1.15, a current ratio of 1.05 and a quick ratio of 1.01.

The company also recently declared a quarterly dividend, which will be paid on Friday, November 17th. Investors of record on Friday, November 3rd will be issued a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.75%. The ex-dividend date is Thursday, November 2nd. United Community Financial Corp.’s dividend payout ratio is currently 35.56%.

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United Community Financial Corp. Profile

United Community Financial Corp. is financial services holding company. The Company’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.

Institutional Ownership by Quarter for United Community Financial Corp. (NASDAQ:UCFC)

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