United Bancorp (NASDAQ:UBCP) Shares Pass Above 200 Day Moving Average – Here’s What Happened

Shares of United Bancorp, Inc. (NASDAQ:UBCP) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $13.91 and traded as high as $15.70. United Bancorp shares last traded at $15.50, with a volume of 7,777 shares.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “hold (c)” rating on shares of United Bancorp in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, United Bancorp presently has an average rating of “Hold”.

United Bancorp Stock Down 0.5%

The company has a debt-to-equity ratio of 1.49, a quick ratio of 0.78 and a current ratio of 0.78. The firm has a market cap of $87.18 million, a PE ratio of 11.34 and a beta of 0.36. The company’s 50-day simple moving average is $14.43 and its two-hundred day simple moving average is $13.92.

United Bancorp (NASDAQ:UBCP) last issued its earnings results on Tuesday, February 3rd. The financial services provider reported $0.35 earnings per share (EPS) for the quarter. The business had revenue of $6.89 million during the quarter. United Bancorp had a net margin of 16.32% and a return on equity of 12.44%.

United Bancorp Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Tuesday, March 10th will be paid a $0.1925 dividend. This is a boost from United Bancorp’s previous quarterly dividend of $0.19. The ex-dividend date is Tuesday, March 10th. This represents a $0.77 dividend on an annualized basis and a yield of 5.1%. United Bancorp’s dividend payout ratio (DPR) is 57.46%.

Institutional Investors Weigh In On United Bancorp

A number of institutional investors and hedge funds have recently made changes to their positions in UBCP. Appalachian Capital Management Ltd acquired a new stake in shares of United Bancorp in the fourth quarter valued at approximately $479,000. Geode Capital Management LLC raised its position in shares of 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 worth $779,000 after purchasing an additional 1,073 shares during the last quarter. Commonwealth Financial Services LLC lifted its stake in United Bancorp by 1.2% in 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 in the last quarter. Citadel Advisors LLC purchased a new position in United Bancorp in the 3rd quarter valued at about $151,000. Finally, Vawter Financial Ltd. acquired a new position in shares of United Bancorp in the third quarter valued at approximately $523,000. 15.42% of the stock is owned by hedge funds and other institutional investors.

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.