BidaskClub upgraded shares of United Financial Bancorp (NASDAQ:UBNK) from a sell rating to a hold rating in a research note released on Tuesday.

Several other equities research analysts have also issued reports on the company. Keefe, Bruyette & Woods lowered United Financial Bancorp from an outperform rating to a market perform rating in a research note on Wednesday, March 7th. Hovde Group reaffirmed a hold rating on shares of United Financial Bancorp in a research note on Friday, January 26th. Finally, Sandler O’Neill set a $20.00 price objective on United Financial Bancorp and gave the company a buy rating in a research note on Wednesday, January 24th. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. United Financial Bancorp presently has a consensus rating of Hold and an average target price of $19.33.

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United Financial Bancorp (NASDAQ:UBNK) opened at $16.24 on Tuesday. The firm has a market capitalization of $830.87, a P/E ratio of 15.04 and a beta of 0.69. The company has a debt-to-equity ratio of 1.69, a quick ratio of 1.03 and a current ratio of 1.05. United Financial Bancorp has a 1-year low of $15.47 and a 1-year high of $19.35.

United Financial Bancorp (NASDAQ:UBNK) last released its quarterly earnings results on Tuesday, January 23rd. The bank reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.05). The firm had revenue of $54.20 million for the quarter. United Financial Bancorp had a net margin of 20.25% and a return on equity of 8.41%. equities research analysts expect that United Financial Bancorp will post 1.2 earnings per share for the current fiscal year.

In other news, EVP Mark A. Kucia sold 6,583 shares of the firm’s stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $16.04, for a total value of $105,591.32. Following the completion of the sale, the executive vice president now directly owns 68,964 shares of the company’s stock, valued at approximately $1,106,182.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 3.39% of the stock is owned by company insiders.

Several large investors have recently bought and sold shares of UBNK. Parametric Portfolio Associates LLC lifted its stake in shares of United Financial Bancorp by 40.0% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 44,509 shares of the bank’s stock valued at $743,000 after purchasing an additional 12,708 shares during the last quarter. Prudential Financial Inc. lifted its stake in shares of United Financial Bancorp by 21.1% in the 3rd quarter. Prudential Financial Inc. now owns 253,545 shares of the bank’s stock valued at $4,637,000 after purchasing an additional 44,130 shares during the last quarter. New York State Common Retirement Fund lifted its stake in shares of United Financial Bancorp by 26.8% in the 3rd quarter. New York State Common Retirement Fund now owns 71,000 shares of the bank’s stock valued at $1,299,000 after purchasing an additional 15,000 shares during the last quarter. Russell Investments Group Ltd. lifted its stake in shares of United Financial Bancorp by 15.6% during the 3rd quarter. Russell Investments Group Ltd. now owns 445,690 shares of the bank’s stock worth $8,150,000 after acquiring an additional 60,102 shares during the last quarter. Finally, SG Americas Securities LLC bought a new stake in shares of United Financial Bancorp during the 3rd quarter worth approximately $217,000. 66.05% of the stock is owned by institutional investors and hedge funds.

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United Financial Bancorp Company Profile

United Financial Bancorp, Inc is a bank holding company. The Company, through its subsidiary United Bank (the Bank) and various subsidiaries, delivers financial services to individuals, families and businesses in Connecticut and Massachusetts, including retail, commercial and consumer banking, as well as financial advisory services.

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