United Bancorp, Inc. (NASDAQ:UBCP) Director Acquires $11,386.32 in Stock

United Bancorp, Inc. (NASDAQ:UBCP - Get Free Report) Director Bethany E. Schunn bought 836 shares of United Bancorp stock in a transaction dated Thursday, May 22nd. The shares were bought at an average cost of $13.62 per share, for a total transaction of $11,386.32. Following the completion of the acquisition, the director now owns 18,108 shares in the company, valued at $246,630.96. This represents a 4.84% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

United Bancorp Trading Up 0.3%

UBCP opened at $13.54 on Friday. The company has a 50-day simple moving average of $12.96 and a 200 day simple moving average of $13.07. The stock has a market capitalization of $78.45 million, a price-to-earnings 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 twelve month low of $11.40 and a twelve month 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. United Bancorp had a return on equity of 11.73% and a net margin of 16.83%. The company had revenue of $7.53 million for the quarter.

United Bancorp Increases Dividend

The business also recently announced 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 represents a $0.74 dividend on an annualized basis and a dividend yield of 5.47%. The ex-dividend date of this dividend is Tuesday, June 10th. This is a boost from United Bancorp's previous quarterly dividend of $0.18. United Bancorp's payout ratio is presently 59.68%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Wealthedge Investment Advisors LLC bought a new stake in United Bancorp in the fourth quarter valued at $258,000. Northern Trust Corp grew its position in United Bancorp by 40.2% in the 4th quarter. Northern Trust Corp now owns 25,314 shares of the financial services provider's stock valued at $329,000 after purchasing an additional 7,264 shares during the period. Founders Financial Alliance LLC increased 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 in the last quarter. Dimensional Fund Advisors LP raised its holdings in 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 buying an additional 2,125 shares during 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 buying an additional 14,550 shares during the last quarter. 15.42% of the stock is owned by 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.

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