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

Shares of United Bancorp, Inc. (NASDAQ:UBCP) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $13.04 and traded as high as $14.23. United Bancorp shares last traded at $13.93, with a volume of 39,888 shares.

United Bancorp Trading Down 0.8 %

The stock has a market capitalization of $79.28 million, a P/E ratio of 10.71 and a beta of 0.38. The stock’s fifty day moving average price is $13.04 and its two-hundred day moving average price is $13.04. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.51.

United Bancorp (NASDAQ:UBCP) last posted its quarterly earnings results on Friday, February 7th. The financial services provider reported $0.31 earnings per share (EPS) for the quarter. United Bancorp had a net margin of 16.83% and a return on equity of 11.73%.

United Bancorp Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Monday, March 10th were given a dividend of $0.1825 per share. This represents a $0.73 annualized dividend and a yield of 5.37%. This is a positive change from United Bancorp’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend was Monday, March 10th. United Bancorp’s dividend payout ratio (DPR) is presently 57.48%.

Institutional Trading of United Bancorp

Institutional investors have recently made changes to their positions in the stock. Tallon Kerry Patrick bought a new stake in United Bancorp during the 4th quarter valued at $584,000. Wealthedge Investment Advisors LLC purchased a new position in shares of United Bancorp in the fourth quarter valued at about $258,000. Wesbanco Bank Inc. raised its stake in shares of United Bancorp by 52.9% during the fourth quarter. Wesbanco Bank Inc. now owns 42,055 shares of the financial services provider’s stock valued at $547,000 after acquiring an additional 14,550 shares during the last quarter. BBR Partners LLC purchased a new stake in shares of United Bancorp during the third quarter worth about $131,000. Finally, Northern Trust Corp grew its stake in shares of United Bancorp by 40.2% in the fourth 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 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.