United Bancorp (NASDAQ:UBCP) Releases Earnings Results

United Bancorp (NASDAQ:UBCP) posted its quarterly earnings data on Tuesday. The financial services provider reported $0.35 earnings per share (EPS) for the quarter, Zacks reports. United Bancorp had a net margin of 16.32% and a return on equity of 12.44%. The firm had revenue of $8.89 million for the quarter.

United Bancorp Trading Up 0.7%

UBCP stock opened at $14.29 on Thursday. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 1.49. United Bancorp has a 52-week low of $12.25 and a 52-week high of $15.64. The company’s 50-day simple moving average is $13.98 and its 200-day simple moving average is $13.82. The firm has a market cap of $82.45 million, a P/E ratio of 10.66 and a beta of 0.39.

United Bancorp Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Wednesday, December 10th were issued a $0.19 dividend. The ex-dividend date of this dividend was Wednesday, December 10th. This is a positive change from United Bancorp’s previous quarterly dividend of $0.19. This represents a $0.76 dividend on an annualized basis and a yield of 5.3%. United Bancorp’s dividend payout ratio is presently 56.72%.

Institutional Investors Weigh In On United Bancorp

Institutional investors have recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. purchased a new stake in United Bancorp during the 2nd quarter worth approximately $43,000. Osaic Holdings Inc. increased its position in shares of United Bancorp by 82.4% during the second quarter. Osaic Holdings Inc. now owns 3,035 shares of the financial services provider’s stock worth $44,000 after purchasing an additional 1,371 shares in the last quarter. Raymond James Financial Inc. purchased a new position in United Bancorp in the 2nd quarter valued at $64,000. Citadel Advisors LLC purchased a new position in United Bancorp in the 3rd quarter valued at $151,000. Finally, Vanguard Group Inc. boosted its stake in United Bancorp by 8.7% during the 3rd quarter. Vanguard Group Inc. now owns 95,346 shares of the financial services provider’s stock worth $1,332,000 after purchasing an additional 7,605 shares during the last quarter. Institutional investors and hedge funds own 15.42% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed 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, Based on data from MarketBeat, the company has a consensus rating of “Hold”.

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.