United Bancorp's (UBCP) Hold (C) Rating Reiterated at Weiss Ratings

Key Points

• United Bancorp's stock retains a "hold (c)" rating according to Weiss Ratings, indicating analysts view it as a stable investment without significant growth prediction.
• The stock rose by 2.7% on Wednesday, reaching a price of $13.62, within a trading range of $12.03 to $15.64 over the past year.
• In recent trading, multiple institutional investors increased their stakes in United Bancorp, reflecting growing interest in the company among larger financial entities.

United Bancorp (NASDAQ:UBCP - Get Free Report)'s stock had its "hold (c)" rating reiterated by equities research analysts at Weiss Ratings in a note issued to investors on Wednesday,Weiss Ratings reports.

United Bancorp Stock Up 2.7%

UBCP traded up $0.36 during trading on Wednesday, reaching $13.62. The stock had a trading volume of 4,515 shares, compared to its average volume of 4,415. United Bancorp has a one year low of $12.03 and a one year high of $15.64. The stock's 50 day moving average is $14.15 and its two-hundred day moving average is $13.73. The company has a market capitalization of $78.59 million, a price-to-earnings ratio of 10.72 and a beta of 0.45. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 1.66.

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

Institutional Investors Weigh In On United Bancorp

Several large investors have recently modified their holdings of the stock. Russell Investments Group Ltd. acquired a new stake in shares of United Bancorp in the second quarter valued at about $43,000. Osaic Holdings Inc. grew its position in shares of United Bancorp by 82.4% in the second quarter. Osaic Holdings Inc. now owns 3,035 shares of the financial services provider's stock valued at $44,000 after purchasing an additional 1,371 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in United Bancorp during the 2nd quarter valued at $64,000. Post Resch Tallon Group Inc. lifted its holdings 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 purchasing an additional 1,325 shares in the last quarter. Finally, Commonwealth Financial Services LLC lifted its stake in shares of 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. Hedge funds and other institutional investors 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.

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