United Bancorp (NASDAQ:UBCP) Shares Pass Above Two Hundred Day Moving Average - What's Next?

Key Points

• United Bancorp shares briefly moved above their 200-day moving average of $15.59, reaching $15.69 before trading at $15.46; the stock was down 1.6% with relatively low volume.
• Analyst sentiment remained positive after Weiss Ratings upgraded the stock to “buy (b+),” while MarketBeat reported an average “Buy” rating.
• The company reported quarterly EPS of $0.36 on $8.62 million in revenue and offers a substantial dividend, with an annualized payout of $0.79 per share and a 5.1% yield.

United Bancorp, Inc. (NASDAQ:UBCP - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $15.59 and traded as high as $15.69. United Bancorp shares last traded at $15.46, with a volume of 1,233 shares traded.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised United Bancorp from a "buy (b)" rating to a "buy (b+)" rating in a report on Friday, August 7th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of "Buy".

United Bancorp Trading Down 1.6%

The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 1.10. The company has a market cap of $88.74 million, a PE ratio of 11.20 and a beta of 0.34. The business's 50-day simple moving average is $15.73 and its 200-day simple moving average is $15.59.

United Bancorp (NASDAQ:UBCP - Get Free Report) last posted its quarterly earnings results on Friday, July 24th. The financial services provider reported $0.36 EPS for the quarter. United Bancorp had a net margin of 16.55% and a return on equity of 11.53%. The business had revenue of $8.62 million for the quarter.

United Bancorp Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Thursday, September 10th will be paid a dividend of $0.1975 per share. This is a boost from United Bancorp's previous quarterly dividend of $0.20. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $0.79 dividend on an annualized basis and a dividend yield of 5.1%. United Bancorp's dividend payout ratio (DPR) is 56.52%.

Hedge Funds Weigh In On United Bancorp

A number of hedge funds have recently added to or reduced their stakes in the company. Vawter Financial Ltd. lifted its stake in United Bancorp by 1.9% in the first quarter. Vawter Financial Ltd. now owns 36,329 shares of the financial services provider's stock valued at $553,000 after acquiring an additional 671 shares during the last quarter. Commonwealth Financial Services LLC lifted its stake in shares of United Bancorp by 1.1% in the 1st quarter. Commonwealth Financial Services LLC now owns 87,355 shares of the financial services provider's stock valued at $1,329,000 after purchasing an additional 963 shares during the last quarter. Geode Capital Management LLC boosted its holdings in United Bancorp by 2.0% in the fourth quarter. Geode Capital Management LLC now owns 54,289 shares of the financial services provider's stock worth $779,000 after purchasing an additional 1,073 shares in the last quarter. Osaic Holdings Inc. increased its position in United Bancorp by 82.4% during the second quarter. Osaic Holdings Inc. now owns 3,035 shares of the financial services provider's stock worth $44,000 after buying an additional 1,371 shares during the last quarter. Finally, Susquehanna International Group LLP raised its holdings in United Bancorp by 10.4% during the second quarter. Susquehanna International Group LLP now owns 18,063 shares of the financial services provider's stock valued at $287,000 after buying an additional 1,695 shares in the last quarter. Institutional investors and hedge funds own 15.42% of the company's stock.

About United Bancorp

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. United Bancorp, Inc was founded in 1902 and is headquartered in Martins Ferry, Ohio.

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