United Bancorp (NASDAQ:UBCP) Share Price Passes Below Two Hundred Day Moving Average – Should You Sell?

Shares of United Bancorp, Inc. (NASDAQ:UBCP) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $14.63 and traded as low as $14.38. United Bancorp shares last traded at $14.55, with a volume of 12,761 shares trading hands.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of United Bancorp in a report on Monday, April 20th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

United Bancorp Price Performance

The stock’s fifty day moving average is $15.69 and its 200-day moving average is $14.63. The stock has a market capitalization of $84.10 million, a PE ratio of 10.78 and a beta of 0.36. The company has a debt-to-equity ratio of 1.17, a current ratio of 0.75 and a quick ratio of 0.75.

United Bancorp (NASDAQ:UBCP) last announced its quarterly earnings results on Thursday, May 7th. The financial services provider reported $0.33 earnings per share (EPS) for the quarter. United Bancorp had a net margin of 16.29% and a return on equity of 11.80%. The firm had revenue of $7.94 million for the quarter.

United Bancorp Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 19th. Shareholders of record on Wednesday, June 10th will be given a dividend of $0.195 per share. This is a boost from United Bancorp’s previous quarterly dividend of $0.19. This represents a $0.78 dividend on an annualized basis and a yield of 5.4%. The ex-dividend date is Wednesday, June 10th. United Bancorp’s dividend payout ratio (DPR) is currently 57.04%.

Hedge Funds Weigh In On United Bancorp

Large investors have recently added to or reduced their stakes in the stock. Vawter Financial Ltd. acquired a new position in United Bancorp during the third quarter worth $523,000. Founders Financial Alliance LLC raised its position in United Bancorp by 11.3% during the third 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 period. Vanguard Group Inc. raised its position in United Bancorp by 8.7% during the third quarter. Vanguard Group Inc. now owns 95,346 shares of the financial services provider’s stock worth $1,332,000 after acquiring an additional 7,605 shares during the period. Geode Capital Management LLC raised its position in United Bancorp by 2.0% during the fourth quarter. Geode Capital Management LLC now owns 54,289 shares of the financial services provider’s stock worth $779,000 after acquiring an additional 1,073 shares during the period. Finally, Appalachian Capital Management Ltd acquired a new position in United Bancorp during the fourth quarter worth $479,000. 15.42% of the stock is currently owned by institutional investors and hedge funds.

United Bancorp Company Profile

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.