United Bancorp, Inc. (NASDAQ:UBCP - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $13.33 and traded as high as $14.21. United Bancorp shares last traded at $14.23, with a volume of 692 shares.
United Bancorp Price Performance
The business has a 50-day moving average price of $14.01 and a 200 day moving average price of $13.35. The company has a market cap of $83.35 million, a price-to-earnings ratio of 11.33 and a beta of 0.39. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 1.63.
United Bancorp (NASDAQ:UBCP - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The financial services provider reported $0.33 earnings per share for the quarter. The business had revenue of $7.99 million for the quarter. United Bancorp had a net margin of 16.44% and a return on equity of 11.79%.
Insider Buying and Selling
In other United Bancorp news, Director Brian M. Hendershot acquired 2,207 shares of United Bancorp stock in a transaction on Thursday, May 22nd. The shares were purchased at an average cost of $13.62 per share, with a total value of $30,059.34. Following the completion of the purchase, the director owned 31,204 shares in the company, valued at $424,998.48. The trade was a 7.61% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Gary W. Glessner purchased 3,497 shares of United Bancorp stock in a transaction dated Thursday, May 22nd. The shares were purchased at an average cost of $13.62 per share, for a total transaction of $47,629.14. Following the completion of the transaction, the director owned 100,529 shares of the company's stock, valued at approximately $1,369,204.98. This represents a 3.60% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders acquired 11,009 shares of company stock valued at $149,943 over the last quarter. Corporate insiders own 12.93% of the company's stock.
Institutional Investors Weigh In On United Bancorp
Institutional investors have recently added to or reduced their stakes in the stock. Commonwealth Financial Services LLC increased its stake in United Bancorp by 2.3% in the 2nd quarter. Commonwealth Financial Services LLC now owns 84,356 shares of the financial services provider's stock valued at $1,265,000 after buying an additional 1,894 shares during the last quarter. Post Resch Tallon Group Inc. increased its stake in United Bancorp by 3.0% in the 1st quarter. Post Resch Tallon Group Inc. now owns 45,425 shares of the financial services provider's stock valued at $593,000 after buying an additional 1,325 shares during the last quarter. Wealthedge Investment Advisors LLC acquired a new position in shares of United Bancorp during the 4th quarter worth about $258,000. Northern Trust Corp increased its stake in shares of United Bancorp by 40.2% during 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. Finally, Dimensional Fund Advisors LP increased its stake in shares of United Bancorp by 5.5% during the 4th 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 during the last quarter. 15.42% of the stock is owned by institutional investors.
About United Bancorp
(
Get Free Report)
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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