United Bancorp, Inc. (NASDAQ:UBCP – Get Free Report) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $13.94 and traded as high as $15.16. United Bancorp shares last traded at $14.70, with a volume of 3,269 shares.
Analyst Ratings Changes
Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of United Bancorp in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has an average rating of “Hold”.
Get Our Latest Analysis on UBCP
United Bancorp Stock Performance
United Bancorp (NASDAQ:UBCP – Get Free Report) last released its earnings results on Tuesday, February 3rd. The financial services provider reported $0.35 earnings per share for the quarter. The company had revenue of $6.89 million during the quarter. United Bancorp had a return on equity of 12.44% and a net margin of 16.32%.
United Bancorp Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Shareholders of record on Tuesday, March 10th will be paid a $0.1925 dividend. This is an increase from United Bancorp’s previous quarterly dividend of $0.19. The ex-dividend date of this dividend is Tuesday, March 10th. This represents a $0.77 dividend on an annualized basis and a yield of 5.2%. United Bancorp’s payout ratio is presently 57.46%.
Institutional Trading of United Bancorp
Institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. grew its holdings in shares of United Bancorp by 8.7% in the third quarter. Vanguard Group Inc. now owns 95,346 shares of the financial services provider’s stock worth $1,332,000 after purchasing an additional 7,605 shares during the last quarter. Commonwealth Financial Services LLC raised its holdings in United Bancorp by 1.2% during the 4th quarter. Commonwealth Financial Services LLC now owns 86,392 shares of the financial services provider’s stock valued at $1,240,000 after buying an additional 1,013 shares during the last quarter. Geode Capital Management LLC boosted its position in United Bancorp by 2.0% during the 4th quarter. Geode Capital Management LLC now owns 54,289 shares of the financial services provider’s stock valued at $779,000 after buying an additional 1,073 shares during the period. Vawter Financial Ltd. purchased a new stake in United Bancorp during the 3rd quarter valued at $523,000. Finally, Founders Financial Alliance LLC grew its holdings in United Bancorp by 11.3% in the 3rd quarter. Founders Financial Alliance LLC now owns 37,276 shares of the financial services provider’s stock worth $521,000 after acquiring an additional 3,784 shares during the last quarter. 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. United Bancorp, Inc was founded in 1902 and is headquartered in Martins Ferry, Ohio.
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