United Bancorp, Inc. (NASDAQ:UBCP - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $13.09 and traded as high as $13.74. United Bancorp shares last traded at $13.73, with a volume of 4,218 shares changing hands.
United Bancorp Price Performance
The firm has a market cap of $79.38 million, a price-to-earnings ratio of 10.79 and a beta of 0.34. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.79 and a current ratio of 0.79. The business has a 50 day simple moving average of $13.02 and a 200-day simple moving average of $13.09.
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. The company had revenue of $7.53 million for the quarter. United Bancorp had a return on equity of 11.73% and a net margin of 16.83%.
United Bancorp Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 20th. Shareholders of record on Tuesday, June 10th will be issued a dividend of $0.185 per share. This represents a $0.74 dividend on an annualized basis and a yield of 5.40%. 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. United Bancorp's payout ratio is currently 59.68%.
Insider Buying and Selling
In other United Bancorp news, CEO Scott A. Everson acquired 2,197 shares of the business's stock in a transaction on Thursday, May 22nd. The shares were acquired at an average price of $13.62 per share, with a total value of $29,923.14. Following the completion of the transaction, the chief executive officer now owns 140,807 shares in the company, valued at approximately $1,917,791.34. This trade represents a 1.59% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Brian M. Hendershot purchased 2,207 shares of the business's stock in a transaction that occurred on Thursday, May 22nd. The stock was bought at an average cost of $13.62 per share, for a total transaction of $30,059.34. Following the completion of the acquisition, the director now directly owns 31,204 shares in the company, valued at $424,998.48. The trade was a 7.61% increase in their position. The disclosure for this purchase can be found here. Over the last ninety days, insiders have bought 11,009 shares of company stock worth $149,943. 12.93% of the stock is owned by insiders.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in UBCP. Wealthedge Investment Advisors LLC purchased a new position in United Bancorp in the fourth quarter valued at about $258,000. Northern Trust Corp lifted its stake in United Bancorp by 40.2% in the fourth 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 last quarter. Founders Financial Alliance LLC lifted its stake in United Bancorp by 11.0% in the fourth 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% in the fourth quarter. Dimensional Fund Advisors LP now owns 40,956 shares of the financial services provider's stock valued at $528,000 after purchasing an additional 2,125 shares during the last quarter. Finally, Tallon Kerry Patrick purchased a new position in United Bancorp in the fourth quarter valued at approximately $584,000. 15.42% of the stock is currently owned by hedge funds and other institutional investors.
United Bancorp Company Profile
(
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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