.jpg "United Financial Bancorp (NASDAQ: UBNK)")
Today, a Director at United Financial Bancorp (NASDAQ: UBNK), Carol Leary, bought shares of UBNK for $239.2K.
This recent transaction increases Carol Leary’s holding in the company by 88.28% to a total of $574.5K. Following Carol Leary’s last UBNK Buy transaction on December 28, 2015, the stock climbed by 5.0%.
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Based on United Financial Bancorp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $73.81 million and quarterly net profit of $15.79 million. In comparison, last year the company earned revenue of $62.87 million and had a net profit of $13.73 million. UBNK’s market cap is $878.3M and the company has a P/E ratio of 15.37. Currently, United Financial Bancorp has an average volume of 214.2K.
Three different firms, including KBW and Piper Jaffray, currently also have a Buy rating on the stock. Based on 3 analyst ratings, the analyst consensus is Hold with an average price target of $17.50, reflecting a -1.9% downside.
The insider sentiment on United Financial Bancorp has been positive according to 40 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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United Financial Bancorp, Inc. is a holding company, which through its subsidiary the United Bank, engages in the provision of commercial, business, and consumer banking products and services to customers throughout Connecticut and Massachusetts. The company was founded on April 30, 2014 and is headquartered in Hartford, CT.
