United Financial Bancorp (NASDAQ:UBNK) was downgraded by equities research analysts at BidaskClub from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Wednesday.

Separately, Zacks Investment Research raised shares of United Financial Bancorp from a “hold” rating to a “buy” rating and set a $20.00 price target for the company in a report on Saturday, July 21st. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $20.00.

United Financial Bancorp stock opened at $15.83 on Wednesday. United Financial Bancorp has a 1-year low of $15.47 and a 1-year high of $19.35. The company has a market capitalization of $832.82 million, a P/E ratio of 14.13 and a beta of 0.72. The company has a quick ratio of 1.02, a current ratio of 1.04 and a debt-to-equity ratio of 1.51.

United Financial Bancorp (NASDAQ:UBNK) last released its quarterly earnings data on Tuesday, October 16th. The bank reported $0.32 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.32. United Financial Bancorp had a net margin of 19.27% and a return on equity of 8.56%. The business had revenue of $57.98 million during the quarter, compared to analyst estimates of $57.50 million. Sell-side analysts forecast that United Financial Bancorp will post 1.23 EPS for the current year.

A number of large investors have recently made changes to their positions in UBNK. Dimensional Fund Advisors LP boosted its holdings in United Financial Bancorp by 4.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 4,074,403 shares of the bank’s stock valued at $71,384,000 after purchasing an additional 155,846 shares during the period. BlackRock Inc. boosted its holdings in United Financial Bancorp by 3.6% in the 2nd quarter. BlackRock Inc. now owns 3,802,334 shares of the bank’s stock valued at $66,618,000 after purchasing an additional 132,471 shares during the period. Systematic Financial Management LP boosted its holdings in United Financial Bancorp by 9.1% in the 2nd quarter. Systematic Financial Management LP now owns 1,421,647 shares of the bank’s stock valued at $24,907,000 after purchasing an additional 118,354 shares during the period. Northern Trust Corp boosted its holdings in United Financial Bancorp by 4.4% in the 2nd quarter. Northern Trust Corp now owns 1,405,114 shares of the bank’s stock valued at $24,618,000 after purchasing an additional 58,845 shares during the period. Finally, Schwab Charles Investment Management Inc. boosted its holdings in United Financial Bancorp by 7.3% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 275,292 shares of the bank’s stock valued at $4,824,000 after purchasing an additional 18,625 shares during the period. 66.48% of the stock is owned by hedge funds and other institutional investors.

United Financial Bancorp Company Profile

United Financial Bancorp, Inc operates as the holding company for United Bank that provides retail, commercial, and consumer banking services to individuals, families, and businesses. The company accepts various deposits, such as interest-bearing checking, non-interest-bearing checking, regular savings, money market savings, and time deposits.

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