United Bancorp, Inc. (NASDAQ:UBCP) CEO Scott A. Everson Buys 2,197 Shares

United Bancorp, Inc. (NASDAQ:UBCP - Get Free Report) CEO Scott A. Everson bought 2,197 shares of the stock in a transaction that occurred on Thursday, May 22nd. The shares were purchased at an average price of $13.62 per share, with a total value of $29,923.14. Following the purchase, the chief executive officer now owns 140,807 shares of the company's stock, valued at approximately $1,917,791.34. This represents a 1.59% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website.

United Bancorp Stock Performance

United Bancorp stock traded down $0.08 during trading hours on Wednesday, reaching $13.58. 511 shares of the stock were exchanged, compared to its average volume of 6,608. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.79 and a current ratio of 0.79. United Bancorp, Inc. has a 52-week low of $11.40 and a 52-week high of $14.78. The stock has a market cap of $78.68 million, a P/E ratio of 10.69 and a beta of 0.34. The firm's 50 day moving average is $13.02 and its 200 day moving average is $13.09.

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

United Bancorp Increases Dividend

The firm 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 dividend of $0.185 per share. This is an increase from United Bancorp's previous quarterly dividend of $0.18. This represents a $0.74 annualized dividend and a yield of 5.45%. The ex-dividend date is Tuesday, June 10th. United Bancorp's payout ratio is currently 59.68%.

Institutional Trading of United Bancorp

Institutional investors have recently added to or reduced their stakes in the business. Wealthedge Investment Advisors LLC purchased a new position in United Bancorp in the 4th quarter worth approximately $258,000. Northern Trust Corp lifted its holdings in shares of United Bancorp by 40.2% in the 4th quarter. Northern Trust Corp now owns 25,314 shares of the financial services provider's stock worth $329,000 after purchasing an additional 7,264 shares during the last quarter. Founders Financial Alliance LLC boosted its stake in United Bancorp by 11.0% during the 4th quarter. Founders Financial Alliance LLC now owns 36,642 shares of the financial services provider's stock valued at $476,000 after purchasing an additional 3,633 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of United Bancorp by 5.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 40,956 shares of the financial services provider's stock worth $528,000 after purchasing an additional 2,125 shares in the last quarter. Finally, Wesbanco Bank Inc. raised its holdings in United Bancorp by 52.9% during the fourth quarter. Wesbanco Bank Inc. now owns 42,055 shares of the financial services provider's stock worth $547,000 after purchasing an additional 14,550 shares in the last quarter. 15.42% of the stock is owned by hedge funds and other institutional investors.

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.