Schwab Charles Investment Management Inc. Continues to Hold Position in United Community Financial Corp. (UCFC)

Schwab Charles Investment Management Inc. held its stake in United Community Financial Corp. (NASDAQ:UCFC) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 71,100 shares of the savings and loans company’s stock at the end of the first quarter. Schwab Charles Investment Management Inc. owned 0.14% of United Community Financial Corp. worth $593,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Geode Capital Management LLC raised its position in shares of United Community Financial Corp. by 3.6% in the 1st quarter. Geode Capital Management LLC now owns 398,842 shares of the savings and loans company’s stock valued at $3,326,000 after purchasing an additional 13,709 shares in the last quarter. Oxford Asset Management acquired a new position in shares of United Community Financial Corp. in the 1st quarter valued at approximately $221,000. Deprince Race & Zollo Inc. raised its position in shares of United Community Financial Corp. by 1.1% in the 1st quarter. Deprince Race & Zollo Inc. now owns 884,380 shares of the savings and loans company’s stock valued at $7,376,000 after purchasing an additional 9,568 shares in the last quarter. American International Group Inc. raised its position in shares of United Community Financial Corp. by 7.1% in the 1st quarter. American International Group Inc. now owns 28,661 shares of the savings and loans company’s stock valued at $239,000 after purchasing an additional 1,909 shares in the last quarter. Finally, Renaissance Technologies LLC raised its position in shares of United Community Financial Corp. by 9.4% in the 1st quarter. Renaissance Technologies LLC now owns 1,261,304 shares of the savings and loans company’s stock valued at $10,519,000 after purchasing an additional 107,986 shares in the last quarter. 58.20% of the stock is currently owned by institutional investors.

In other United Community Financial Corp. news, General Counsel Jude J. Nohra sold 12,218 shares of the firm’s stock in a transaction that occurred on Friday, June 30th. The stock was sold at an average price of $8.37, for a total value of $102,264.66. Following the completion of the sale, the general counsel now owns 80,867 shares in the company, valued at approximately $676,856.79. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Timothy Esson sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, June 30th. The stock was sold at an average price of $8.35, for a total value of $25,050.00. Following the completion of the sale, the chief financial officer now owns 60,692 shares of the company’s stock, valued at approximately $506,778.20. The disclosure for this sale can be found here. 3.56% of the stock is currently owned by company insiders.

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UCFC has been the topic of a number of recent analyst reports. Zacks Investment Research raised United Community Financial Corp. from a “hold” rating to a “buy” rating and set a $10.00 target price on the stock in a research report on Saturday, July 22nd. Boenning Scattergood set a $10.00 target price on United Community Financial Corp. and gave the company a “buy” rating in a research report on Wednesday, July 19th. Finally, Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $11.00 target price on shares of United Community Financial Corp. in a research report on Friday, July 21st.

Shares of United Community Financial Corp. (UCFC) opened at 9.13 on Wednesday. The company has a market capitalization of $454.11 million, a P/E ratio of 21.95 and a beta of 0.56. The stock has a 50 day moving average price of $9.00 and a 200-day moving average price of $8.60. United Community Financial Corp. has a one year low of $6.93 and a one year high of $9.50.

United Community Financial Corp. (NASDAQ:UCFC) last announced its quarterly earnings data on Thursday, July 20th. The savings and loans company reported $0.16 EPS for the quarter, topping the Zacks’ consensus estimate of $0.14 by $0.02. United Community Financial Corp. had a return on equity of 8.90% and a net margin of 18.95%. The company had revenue of $27.58 million during the quarter, compared to the consensus estimate of $26.20 million. Equities research analysts predict that United Community Financial Corp. will post $0.57 earnings per share for the current fiscal year.

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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