United Bancorp, Inc. (NASDAQ:UBCP - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $13.16 and traded as high as $13.80. United Bancorp shares last traded at $13.44, with a volume of 5,576 shares traded.
United Bancorp Price Performance
The stock has a 50-day simple moving average of $13.08 and a 200 day simple moving average of $13.16. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.51. The stock has a market capitalization of $78.80 million, a price-to-earnings ratio of 10.71 and a beta of 0.35.
United Bancorp (NASDAQ:UBCP - Get Free Report) last announced its earnings results on Friday, May 9th. The financial services provider reported $0.32 earnings per share (EPS) for the quarter. United Bancorp had a net margin of 16.83% and a return on equity of 11.73%. The business had revenue of $7.53 million during the quarter.
United Bancorp Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 20th. Investors of record on Tuesday, June 10th will be paid a $0.185 dividend. This is an increase from United Bancorp's previous quarterly dividend of $0.18. The ex-dividend date of this dividend is Tuesday, June 10th. This represents a $0.74 annualized dividend and a yield of 5.44%. United Bancorp's dividend payout ratio is presently 59.68%.
Insiders Place Their Bets
In other news, Director Gary W. Glessner purchased 3,497 shares of United Bancorp stock in a transaction that occurred on Thursday, May 22nd. The shares were bought at an average cost of $13.62 per share, with a total value of $47,629.14. Following the completion of the purchase, the director now directly owns 100,529 shares in the company, valued at approximately $1,369,204.98. This trade represents a 3.60% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Scott A. Everson bought 2,197 shares of the stock in a transaction on Thursday, May 22nd. The stock was purchased at an average cost of $13.62 per share, for a total transaction of $29,923.14. Following the acquisition, the chief executive officer now owns 140,807 shares of the company's stock, valued at $1,917,791.34. This trade represents a 1.59% increase in their position. The disclosure for this purchase can be found here. Over the last three months, insiders acquired 11,009 shares of company stock worth $149,943. 12.93% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On United Bancorp
A number of large investors have recently bought and sold shares of the business. Wealthedge Investment Advisors LLC purchased a new stake in shares of United Bancorp during the fourth quarter valued at $258,000. Northern Trust Corp raised its stake 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 valued at $329,000 after acquiring an additional 7,264 shares during the period. Founders Financial Alliance LLC increased its holdings in United Bancorp by 11.0% in 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 last quarter. Dimensional Fund Advisors LP lifted its stake in 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 acquiring an additional 2,125 shares in the last quarter. Finally, Tallon Kerry Patrick acquired a new stake in shares of United Bancorp during the 4th quarter worth about $584,000. Hedge funds and other institutional investors own 15.42% of the company's stock.
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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