Brian M. Hendershot Purchases 2,207 Shares of United Bancorp, Inc. (NASDAQ:UBCP) Stock

United Bancorp, Inc. (NASDAQ:UBCP - Get Free Report) Director Brian M. Hendershot purchased 2,207 shares of the stock in a transaction dated Thursday, May 22nd. The stock was purchased at an average price of $13.62 per share, with a total value of $30,059.34. Following the completion of the acquisition, the director now directly owns 31,204 shares in the company, valued at approximately $424,998.48. The trade was a 7.61% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

United Bancorp Stock Up 0.3%

UBCP stock opened at $13.54 on Friday. The firm's 50-day simple moving average is $12.96 and its 200 day simple moving average is $13.07. The stock has a market cap of $78.45 million, a PE ratio of 10.66 and a beta of 0.34. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.51. United Bancorp, Inc. has a fifty-two week low of $11.40 and a fifty-two week high of $14.78.

United Bancorp (NASDAQ:UBCP - Get Free Report) last issued its quarterly earnings results on Friday, May 9th. The financial services provider reported $0.32 earnings per share (EPS) for the quarter. The company had revenue of $7.53 million for the quarter. United Bancorp had a return on equity of 11.73% and a net margin of 16.83%.

United Bancorp Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 20th. Shareholders of record on Tuesday, June 10th will be paid a $0.185 dividend. This represents a $0.74 annualized dividend and a yield of 5.47%. The ex-dividend date of this dividend is Tuesday, June 10th. This is a positive change from United Bancorp's previous quarterly dividend of $0.18. United Bancorp's dividend payout ratio is currently 59.68%.

Institutional Trading of United Bancorp

A number of institutional investors have recently bought and sold shares of UBCP. Tallon Kerry Patrick bought a new position in shares of United Bancorp during the 4th quarter worth about $584,000. Dimensional Fund Advisors LP raised its position in shares of United Bancorp by 5.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 40,956 shares of the financial services provider's stock worth $528,000 after acquiring an additional 2,125 shares during the last quarter. Founders Financial Alliance LLC lifted its stake in shares of United Bancorp by 11.0% during the fourth quarter. Founders Financial Alliance LLC now owns 36,642 shares of the financial services provider's stock valued at $476,000 after acquiring an additional 3,633 shares during the period. Wesbanco Bank Inc. boosted its holdings in United Bancorp by 52.9% in the fourth quarter. Wesbanco Bank Inc. now owns 42,055 shares of the financial services provider's stock valued at $547,000 after acquiring an additional 14,550 shares during the last quarter. Finally, Commonwealth Financial Services LLC increased its position in United Bancorp by 1.2% in the first quarter. Commonwealth Financial Services LLC now owns 82,462 shares of the financial services provider's stock worth $1,107,000 after purchasing an additional 1,005 shares during the period. Institutional investors and hedge funds own 15.42% of the company's stock.

United Bancorp Company Profile

United Bancorp, Inc operates as the bank holding company for Unified Bank that provides commercial and retail banking services in Ohio. The company provides range of banking and financial services, which includes accepting demand, savings, and time deposits. It also offers commercial, real estate and consumer loans.

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