United Bancorp (NASDAQ:UBCP) Stock Price Passes Above Two Hundred Day Moving Average – What’s Next?

United Bancorp, Inc. (NASDAQ:UBCP) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $15.59 and traded as high as $15.69. United Bancorp shares last traded at $15.46, with a volume of 1,233 shares.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded United Bancorp from a “buy (b)” rating to a “buy (b+)” rating in a report on Friday, August 7th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, United Bancorp currently has a consensus rating of “Buy”.

United Bancorp Stock Performance

The company’s 50-day moving average price is $15.73 and its two-hundred day moving average price is $15.61. The company has a market capitalization of $89.26 million, a price-to-earnings ratio of 11.27 and a beta of 0.32. The company has a debt-to-equity ratio of 1.10, a current ratio of 0.76 and a quick ratio of 0.76.

United Bancorp (NASDAQ:UBCP) last released its earnings results on Friday, July 24th. The financial services provider reported $0.36 earnings per share (EPS) for the quarter. The business had revenue of $8.62 million for the quarter. United Bancorp had a net margin of 16.55% and a return on equity of 11.53%.

United Bancorp Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Thursday, September 10th will be given a $0.1975 dividend. This is a boost from United Bancorp’s previous quarterly dividend of $0.20. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $0.79 annualized dividend and a dividend yield of 5.1%. United Bancorp’s dividend payout ratio is 56.52%.

Institutional Investors Weigh In On United Bancorp

Institutional investors and hedge funds have recently made changes to their positions in the business. Vawter Financial Ltd. grew its stake in United Bancorp by 1.9% during the first quarter. Vawter Financial Ltd. now owns 36,329 shares of the financial services provider’s stock worth $553,000 after purchasing an additional 671 shares during the period. Commonwealth Financial Services LLC lifted its stake in United Bancorp by 1.1% in the first quarter. Commonwealth Financial Services LLC now owns 87,355 shares of the financial services provider’s stock valued at $1,329,000 after buying an additional 963 shares during the period. Geode Capital Management LLC boosted its holdings in shares of United Bancorp by 2.0% during the 4th quarter. Geode Capital Management LLC now owns 54,289 shares of the financial services provider’s stock worth $779,000 after buying an additional 1,073 shares in the last quarter. Osaic Holdings Inc. grew its position in shares of United Bancorp by 82.4% during the 2nd quarter. Osaic Holdings Inc. now owns 3,035 shares of the financial services provider’s stock worth $44,000 after buying an additional 1,371 shares during the period. Finally, Susquehanna International Group LLP grew its position in shares of United Bancorp by 10.4% during the 2nd quarter. Susquehanna International Group LLP now owns 18,063 shares of the financial services provider’s stock worth $287,000 after buying an additional 1,695 shares during the period. 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.