United Bancorp (NASDAQ:UBCP) Shares Cross Below 200-Day Moving Average - Time to Sell?

Key Points

• United Bancorp shares have fallen below their 200-day moving average, signaling potential concerns for investors, with current trading around $13.62.
• Analysts maintain a "hold" rating on the stock, indicating no strong recommendation to buy or sell at this time.
• The company recently declared a quarterly dividend of $0.1875 per share, a slight increase from the previous dividend, representing an annual yield of 5.5%.

United Bancorp, Inc. (NASDAQ:UBCP - Get Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $13.73 and traded as low as $12.95. United Bancorp shares last traded at $13.62, with a volume of 4,515 shares.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a "hold (c)" rating on shares of United Bancorp in a research note on Wednesday. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, United Bancorp presently has a consensus rating of "Hold".

United Bancorp Price Performance

The stock has a market cap of $78.64 million, a price-to-earnings ratio of 10.72 and a beta of 0.45. The stock's 50 day moving average price is $14.15 and its two-hundred day moving average price is $13.73. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 1.66.

United Bancorp (NASDAQ:UBCP - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The financial services provider reported $0.33 EPS for the quarter. The company had revenue of $7.99 million for the quarter. United Bancorp had a net margin of 16.44% and a return on equity of 11.96%.

United Bancorp Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Wednesday, September 10th were given a dividend of $0.1875 per share. This is a boost from United Bancorp's previous quarterly dividend of $0.19. This represents a $0.75 annualized dividend and a yield of 5.5%. The ex-dividend date was Wednesday, September 10th. United Bancorp's dividend payout ratio (DPR) is 59.06%.

Institutional Trading of United Bancorp

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Russell Investments Group Ltd. acquired a new stake in United Bancorp during the second quarter valued at $43,000. Osaic Holdings Inc. grew 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 valued at $44,000 after buying an additional 1,371 shares during the period. Raymond James Financial Inc. acquired a new stake in United Bancorp during the second quarter valued at $64,000. Post Resch Tallon Group Inc. grew its position in United Bancorp by 3.0% during the first 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 period. Finally, Commonwealth Financial Services LLC grew its position in United Bancorp by 1.2% during the first quarter. Commonwealth Financial Services LLC now owns 82,462 shares of the financial services provider's stock valued at $1,107,000 after buying an additional 1,005 shares during the period. 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.