United Financial Bancorp Inc Sentiment Increases on Better Stock Potential

June 9, 2017 - By Nellie Frank

 United Financial Bancorp Inc Sentiment  Increases on Better Stock Potential

Sentiment for United Financial Bancorp Inc (NASDAQ:UBNK)

United Financial Bancorp Inc (NASDAQ:UBNK) institutional sentiment increased to 1.33 in 2016 Q4. Its up 0.31, from 1.02 in 2016Q3. The ratio improved, as 52 institutional investors opened new or increased stock positions, while 39 sold and decreased holdings in United Financial Bancorp Inc. The institutional investors in our partner’s database reported: 31.81 million shares, down from 31.95 million shares in 2016Q3. Also, the number of institutional investors holding United Financial Bancorp Inc in their top 10 stock positions increased from 2 to 3 for an increase of 1. Sold All: 7 Reduced: 32 Increased: 38 New Position: 14.

United Financial Bancorp, Inc. is a bank holding company. The company has market cap of $899.98 million. The Company, through its subsidiary United 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. It has a 16.92 P/E ratio. The Company’s activities include the delivery of loan and deposit products to customers.

About 48,879 shares traded. United Financial Bancorp Inc (NASDAQ:UBNK) has risen 27.96% since June 9, 2016 and is uptrending. It has outperformed by 11.26% the S&P500.

Analysts expect United Financial Bancorp Inc (NASDAQ:UBNK) to report $0.26 EPS on July, 18.They anticipate $0.08 EPS change or 44.44 % from last quarter’s $0.18 EPS. UBNK’s profit would be $13.56 million giving it 16.62 P/E if the $0.26 EPS is correct. After having $0.27 EPS previously, United Financial Bancorp Inc’s analysts see -3.70 % EPS growth.

Clover Partners L.P. holds 8.72% of its portfolio in United Financial Bancorp Inc for 892,533 shares. Pl Capital Advisors Llc owns 1.00 million shares or 4.85% of their US portfolio. Moreover, Mendon Capital Advisors Corp has 2.19% invested in the company for 1.17 million shares. The New York-based Maltese Capital Management Llc has invested 0.97% in the stock. Clean Yield Group, a Vermont-based fund reported 100,165 shares.#img1#

United Financial Bancorp Inc (NASDAQ:UBNK) Ratings Coverage

Ratings analysis reveals 0 of United Financial’s analysts are positive. Out of 3 Wall Street analysts rating United Financial, 0 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $12 while the high is $15. The stock’s average target of $13.50 is -21.78% below today’s ($17.26) share price. UBNK was included in 5 notes of analysts from November 16, 2015. The rating was maintained by Hovde Group with “Market Perform” on Thursday, October 20. Hovde Group initiated United Financial Bancorp Inc (NASDAQ:UBNK) rating on Monday, November 16. Hovde Group has “Outperform” rating and $15 target. The stock of United Financial Bancorp Inc (NASDAQ:UBNK) earned “Neutral” rating by Piper Jaffray on Thursday, April 21. RBC Capital Markets maintained the stock with “Sector Perform” rating in Thursday, January 28 report. Piper Jaffray upgraded the shares of UBNK in report on Tuesday, January 19 to “Overweight” rating.

More important recent United Financial Bancorp Inc (NASDAQ:UBNK) news were published by: Courant.com which released: “United Financial Bancorp Sees Profits Soar To Record Levels” on January 24, 2017, also Courant.com published article titled: “United Bank Will Open Downtown Hartford Branch”, Prnewswire.com published: “United Financial Bancorp, Inc. (UBNK) Announces Dates for Q4 2016 Earnings …” on January 03, 2017. More interesting news about United Financial Bancorp Inc (NASDAQ:UBNK) was released by: Courant.com and their article: “Downtown Hartford To Get Boost From United Bank Headquarters Move” with publication date: February 14, 2017.

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