United Bancorp (NASDAQ:UBCP) Share Price Passes Below Two Hundred Day Moving Average – Here’s What Happened

United Bancorp, Inc. (NASDAQ:UBCP) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $13.86 and traded as low as $13.43. United Bancorp shares last traded at $13.7760, with a volume of 5,064 shares.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of United Bancorp in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

United Bancorp Trading Up 0.4%

The company has a debt-to-equity ratio of 1.49, a current ratio of 0.78 and a quick ratio of 0.78. The stock has a market cap of $79.28 million, a P/E ratio of 10.57 and a beta of 0.39. The firm’s fifty day moving average price is $13.74 and its two-hundred day moving average price is $13.85.

United Bancorp (NASDAQ:UBCP) last posted its earnings results on Friday, November 7th. The financial services provider reported $0.34 EPS for the quarter. The business had revenue of $8.08 million during the quarter. United Bancorp had a return on equity of 12.09% and a net margin of 16.39%.

United Bancorp Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Wednesday, December 10th were issued a dividend of $0.19 per share. 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 annualized dividend and a dividend yield of 5.5%. United Bancorp’s payout ratio is presently 58.46%.

Institutional Investors Weigh In On United Bancorp

Several hedge funds have recently bought and sold shares of the stock. Commonwealth Financial Services LLC increased its holdings in shares of United Bancorp by 1.2% in the 3rd quarter. Commonwealth Financial Services LLC now owns 85,379 shares of the financial services provider’s stock worth $1,193,000 after buying an additional 1,023 shares during the last quarter. Osaic Holdings Inc. grew its position in United Bancorp by 82.4% in the second quarter. Osaic Holdings Inc. now owns 3,035 shares of the financial services provider’s stock worth $44,000 after acquiring an additional 1,371 shares in the last quarter. Russell Investments Group Ltd. bought a new position in United Bancorp in the second quarter valued at $43,000. Founders Financial Alliance LLC raised its position in United Bancorp by 11.3% during the third quarter. Founders Financial Alliance LLC now owns 37,276 shares of the financial services provider’s stock valued at $521,000 after purchasing an additional 3,784 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in United Bancorp during the second quarter valued at about $64,000. 15.42% of the stock is currently owned by institutional investors.

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.