Robert S. Briggs Buys 1,000 Shares of United Security Bancshares Inc. (FUSB) Stock
United Security Bancshares Inc. (NASDAQ:FUSB) Director Robert S. Briggs acquired 1,000 shares of United Security Bancshares stock in a transaction dated Wednesday, November 29th. The shares were bought at an average cost of $12.99 per share, for a total transaction of $12,990.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Shares of United Security Bancshares Inc. (FUSB) traded up $0.55 during trading hours on Friday, hitting $13.90. The stock had a trading volume of 4,713 shares, compared to its average volume of 6,202. United Security Bancshares Inc. has a 52-week low of $10.38 and a 52-week high of $15.14. The company has a market capitalization of $84.48, a PE ratio of 69.50 and a beta of 0.40. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.13.
United Security Bancshares (NASDAQ:FUSB) last announced its quarterly earnings data on Monday, October 30th. The financial services provider reported $0.10 earnings per share (EPS) for the quarter. The firm had revenue of $8.37 million for the quarter. United Security Bancshares had a return on equity of 1.74% and a net margin of 3.83%.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 2nd. Investors of record on Friday, December 8th will be paid a $0.02 dividend. The ex-dividend date is Thursday, December 7th. This represents a $0.08 annualized dividend and a dividend yield of 0.58%. United Security Bancshares’s payout ratio is presently 40.00%.
A hedge fund recently raised its stake in United Security Bancshares stock. Context BH Capital Management LP increased its holdings in United Security Bancshares Inc. (NASDAQ:FUSB) by 17.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 77,243 shares of the financial services provider’s stock after purchasing an additional 11,496 shares during the quarter. Context BH Capital Management LP owned approximately 1.27% of United Security Bancshares worth $867,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 11.66% of the company’s stock.
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About United Security Bancshares
First US Bancshares, Inc, formerly United Security Bancshares, Inc, incorporated on June 4, 1999, is the bank holding company for First US Bank (the Bank or FUSB). The Bank operates a finance company, Acceptance Loan Company, Inc (ALC). The Bank operates through two segments: FUSB and ALC. As of December 31, 2015, the Bank operated and served its customers through 19 banking offices located in Brent, Bucksville, Butler, Calera, Centreville, Coffeeville, Columbiana, Fulton, Gilbertown, Grove Hill, Harpersville, Jackson, Thomasville, Tuscaloosa and Woodstock, Alabama.
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