United Community Financial Corp (UCFC) Sees Large Growth in Short Interest

United Community Financial Corp (NASDAQ:UCFC) was the recipient of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 214,627 shares, a growth of 14.9% from the March 15th total of 186,830 shares. Based on an average daily volume of 106,682 shares, the short-interest ratio is currently 2.0 days.

In other United Community Financial Corp news, Director Richard J. Schiraldi bought 5,000 shares of the stock in a transaction dated Monday, March 13th. The stock was purchased at an average cost of $8.50 per share, for a total transaction of $42,500.00. Following the completion of the acquisition, the director now owns 7,399 shares of the company’s stock, valued at $62,891.50. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, General Counsel Jude J. Nohra sold 4,500 shares of United Community Financial Corp stock in a transaction that occurred on Wednesday, March 1st. The shares were sold at an average price of $8.78, for a total transaction of $39,510.00. Following the transaction, the general counsel now owns 76,021 shares of the company’s stock, valued at $667,464.38. The disclosure for this sale can be found here. 3.88% of the stock is currently owned by company insiders.

Hedge funds have recently added to or reduced their stakes in the company. Ladenburg Thalmann Financial Services Inc. raised its stake in United Community Financial Corp by 0.3% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 11,620 shares of the savings and loans company’s stock worth $101,000 after buying an additional 40 shares during the last quarter. Cigna Investments Inc. New acquired a new stake in United Community Financial Corp during the fourth quarter worth $102,000. Guggenheim Capital LLC raised its stake in United Community Financial Corp by 0.3% in the fourth quarter. Guggenheim Capital LLC now owns 12,976 shares of the savings and loans company’s stock worth $116,000 after buying an additional 44 shares during the last quarter. Farmers Trust Co. raised its stake in United Community Financial Corp by 23.9% in the first quarter. Farmers Trust Co. now owns 14,423 shares of the savings and loans company’s stock worth $120,000 after buying an additional 2,780 shares during the last quarter. Finally, Envestnet Asset Management Inc. acquired a new stake in United Community Financial Corp during the fourth quarter worth $145,000. Hedge funds and other institutional investors own 60.69% of the company’s stock.

Separately, Zacks Investment Research raised shares of United Community Financial Corp from a “sell” rating to a “hold” rating in a research report on Wednesday, March 15th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. United Community Financial Corp currently has an average rating of “Buy” and a consensus price target of $11.25.

Shares of United Community Financial Corp (NASDAQ:UCFC) traded up 0.71% during midday trading on Friday, hitting $8.48. 78,313 shares of the company traded hands. The company has a 50-day moving average price of $8.39 and a 200-day moving average price of $8.32. The stock has a market capitalization of $421.43 million, a P/E ratio of 21.20 and a beta of 0.81. United Community Financial Corp has a 52 week low of $5.60 and a 52 week high of $9.50.

United Community Financial Corp (NASDAQ:UCFC) last released its quarterly earnings data on Tuesday, January 24th. The savings and loans company reported $0.12 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.11 by $0.01. The firm had revenue of $21.97 million for the quarter, compared to analyst estimates of $22.28 million. United Community Financial Corp had a net margin of 20.29% and a return on equity of 7.65%. Analysts anticipate that United Community Financial Corp will post $0.53 earnings per share for the current fiscal year.

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United Community Financial Corp Company Profile

United Community Financial Corp. is financial services holding company. The Company’s subsidiaries include Home Savings, HSB Insurance, LLC and HSB Capital, LLC. Home Savings is a state charted bank. HSB Insurance, LLC is an insurance agency that offers a range of insurance products for business and residential customers, which include, auto, homeowners, life-health, commercial, surety bonds and aviation.

5 Day Chart for NASDAQ:UCFC

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