Yakira Capital Management Inc. Takes Position in United Security Bancshares $UBFO

Yakira Capital Management Inc. bought a new stake in United Security Bancshares (NASDAQ:UBFO) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 61,683 shares of the financial services provider’s stock, valued at approximately $621,000.

A number of other institutional investors and hedge funds also recently modified their holdings of UBFO. BNP Paribas Financial Markets bought a new stake in shares of United Security Bancshares in the 2nd quarter valued at about $29,000. KERR FINANCIAL PLANNING Corp bought a new stake in shares of United Security Bancshares in the 3rd quarter valued at about $33,000. Bank of America Corp DE raised its holdings in shares of United Security Bancshares by 1,292.4% in the 4th quarter. Bank of America Corp DE now owns 3,648 shares of the financial services provider’s stock valued at $37,000 after purchasing an additional 3,386 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of United Security Bancshares by 7,061.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 6,660 shares of the financial services provider’s stock valued at $58,000 after purchasing an additional 6,567 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of United Security Bancshares in the 2nd quarter valued at about $65,000. 30.88% of the stock is owned by institutional investors.

United Security Bancshares Price Performance

Shares of UBFO stock opened at $10.51 on Monday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.94 and a current ratio of 0.94. The firm’s 50-day moving average is $10.51 and its 200-day moving average is $10.43. The stock has a market cap of $181.36 million, a price-to-earnings ratio of 14.80 and a beta of 0.34. United Security Bancshares has a 52-week low of $7.32 and a 52-week high of $11.52.

About United Security Bancshares

United Security Bancshares, Inc is a bank holding company based in Vancouver, Washington, whose primary subsidiary, United Security Bank, delivers community banking services in the Pacific Northwest. The company engages in core banking activities, including accepting deposits, extending commercial and residential real estate loans, and offering consumer lending solutions tailored to local businesses and individuals.

Its product offerings include a variety of deposit accounts such as business checking, savings, money market accounts and certificates of deposit.