United Bancorp, Inc. (NASDAQ:UBCP – Get Free Report)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $14.57 and traded as high as $15.33. United Bancorp shares last traded at $14.25, with a volume of 19,591 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of United Bancorp in a research report on Monday, April 20th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the company has an average rating of “Hold”.
Read Our Latest Research Report on United Bancorp
United Bancorp Stock Down 8.1%
United Bancorp (NASDAQ:UBCP – Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The financial services provider reported $0.33 EPS for the quarter. The business had revenue of $7.94 million during the quarter. United Bancorp had a net margin of 16.29% and a return on equity of 11.80%.
United Bancorp Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, June 19th. Shareholders of record on Wednesday, June 10th will be paid a dividend of $0.195 per share. This is a boost from United Bancorp’s previous quarterly dividend of $0.19. The ex-dividend date is Wednesday, June 10th. This represents a $0.78 dividend on an annualized basis and a yield of 5.5%. United Bancorp’s dividend payout ratio (DPR) is presently 57.04%.
Institutional Trading of United Bancorp
Several institutional investors have recently made changes to their positions in UBCP. Vawter Financial Ltd. bought a new stake in shares of United Bancorp in the 3rd quarter worth $523,000. Appalachian Capital Management Ltd bought a new stake in shares of United Bancorp in the 4th quarter worth $479,000. Citadel Advisors LLC bought a new stake in shares of United Bancorp in the 3rd quarter worth $151,000. Vanguard Group Inc. grew its stake in shares of United Bancorp by 8.7% in the 3rd 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 in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of United Bancorp in the 2nd quarter worth $64,000. 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.
Further Reading
- Five stocks we like better than United Bancorp
- Why Applied Optoelectronics Stock May Be Near a Turning Point
- From High-Yield to High-Growth: 3 Stocks Boosting Dividends
- Is Everspin Technologies the Next AI Edge Breakout?
- 5 Robotics Stocks to Watch as Physical AI Builds Momentum
Receive News & Ratings for United Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.
