United Bancorp, Inc. (NASDAQ:UBCP - Get Free Report)'s stock price passed 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 company has a market capitalization of $79.84 million, a price-to-earnings ratio of 10.85 and a beta of 0.34. The stock has a fifty day simple moving average of $13.03 and a 200-day simple moving average of $13.11. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.79 and a quick ratio of 0.79.
United Bancorp (NASDAQ:UBCP - Get Free Report) last announced 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 during the quarter.
United Bancorp Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, June 20th. Stockholders of record on Tuesday, June 10th will be paid a dividend of $0.185 per share. This represents a $0.74 annualized dividend and a dividend yield of 5.37%. This is an increase from United Bancorp's previous quarterly dividend of $0.18. The ex-dividend date is Tuesday, June 10th. United Bancorp's dividend payout ratio is presently 59.68%.
Insider Transactions at United Bancorp
In other United Bancorp news, Director Brian M. Hendershot bought 2,207 shares of United Bancorp stock in a transaction dated Thursday, May 22nd. The stock was acquired at an average cost of $13.62 per share, with a total value of $30,059.34. Following the purchase, the director now directly owns 31,204 shares in the company, valued at $424,998.48. This represents a 7.61% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Scott A. Everson purchased 2,197 shares of the company's stock in a transaction that occurred on Thursday, May 22nd. The shares were purchased 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 directly owns 140,807 shares of the company's stock, valued at $1,917,791.34. This represents a 1.59% increase in their position. The disclosure for this purchase can be found here. Insiders acquired a total of 11,009 shares of company stock valued at $149,943 in the last three months. 12.93% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On United Bancorp
A number of hedge funds have recently modified their holdings of UBCP. Wealthedge Investment Advisors LLC purchased a new position in shares of United Bancorp during the 4th quarter worth $258,000. Northern Trust Corp grew its holdings 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 period. Founders Financial Alliance LLC grew its holdings in shares of 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 worth $476,000 after purchasing an additional 3,633 shares during the period. Dimensional Fund Advisors LP grew its holdings 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 period. Finally, Tallon Kerry Patrick acquired a new position in United Bancorp during the 4th quarter worth about $584,000. 15.42% of the stock is currently owned by hedge funds and other 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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