United Bancorp (NASDAQ:UBCP) Shares Pass Above 200-Day Moving Average – What’s Next?

Shares of United Bancorp, Inc. (NASDAQ:UBCP) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $12.89 and traded as high as $14.03. United Bancorp shares last traded at $14.03, with a volume of 7,500 shares trading hands.

United Bancorp Trading Up 2.4 %

The firm has a market cap of $81.22 million, a price-to-earnings ratio of 11.05 and a beta of 0.40. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.51. The business has a 50 day moving average price of $13.00 and a 200-day moving average price of $12.89.

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

United Bancorp Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Monday, March 10th will be issued a $0.1825 dividend. The ex-dividend date is Monday, March 10th. This represents a $0.73 dividend on an annualized basis and a yield of 5.20%. This is an increase from United Bancorp’s previous quarterly dividend of $0.18. United Bancorp’s dividend payout ratio is currently 57.48%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. BBR Partners LLC bought a new position in United Bancorp during the 3rd quarter worth approximately $131,000. Northern Trust Corp lifted its holdings in shares of United Bancorp by 40.2% in the 4th 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. Founders Financial Alliance LLC lifted its holdings in shares of United Bancorp by 11.0% in the 4th quarter. Founders Financial Alliance LLC now owns 36,642 shares of the financial services provider’s stock worth $476,000 after purchasing an additional 3,633 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of United Bancorp by 5.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 40,956 shares of the financial services provider’s stock worth $528,000 after purchasing an additional 2,125 shares during the last quarter. Finally, Wesbanco Bank Inc. lifted its holdings in shares of United Bancorp by 52.9% in the 4th quarter. Wesbanco Bank Inc. now owns 42,055 shares of the financial services provider’s stock worth $547,000 after purchasing an additional 14,550 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.