United Bancorp (NASDAQ:UBCP) was downgraded by stock analysts at ValuEngine from a “hold” rating to a “sell” rating in a report issued on Friday.

Shares of NASDAQ UBCP opened at $10.40 on Friday. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.58. United Bancorp has a one year low of $10.25 and a one year high of $14.00. The company has a market cap of $59.73 million, a price-to-earnings ratio of 10.98 and a beta of 0.11.

United Bancorp (NASDAQ:UBCP) last issued its earnings results on Thursday, January 31st. The financial services provider reported $0.28 earnings per share (EPS) for the quarter. United Bancorp had a net margin of 17.15% and a return on equity of 11.79%. The firm had revenue of $6.00 million for the quarter.

In other news, Director John M. Hoopingarner bought 3,903 shares of the business’s stock in a transaction dated Thursday, March 7th. The shares were purchased at an average price of $10.98 per share, for a total transaction of $42,854.94. Following the completion of the acquisition, the director now owns 39,571 shares of the company’s stock, valued at $434,489.58. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Gary W. Glessner bought 3,974 shares of the business’s stock in a transaction dated Monday, February 25th. The stock was purchased at an average price of $11.30 per share, for a total transaction of $44,906.20. Following the acquisition, the director now directly owns 42,364 shares of the company’s stock, valued at approximately $478,713.20. The disclosure for this purchase can be found here. Insiders bought 8,902 shares of company stock worth $99,200 in the last 90 days. Company insiders own 8.60% of the company’s stock.

Several institutional investors have recently modified their holdings of the company. Wesbanco Bank Inc. grew its holdings in shares of United Bancorp by 3.4% in the third quarter. Wesbanco Bank Inc. now owns 228,048 shares of the financial services provider’s stock worth $2,998,000 after purchasing an additional 7,577 shares during the last quarter. John W. Rosenthal Capital Management Inc. boosted its holdings in United Bancorp by 60.0% in the fourth quarter. John W. Rosenthal Capital Management Inc. now owns 40,000 shares of the financial services provider’s stock valued at $457,000 after acquiring an additional 15,000 shares in the last quarter. Finally, Dimensional Fund Advisors LP bought a new stake in United Bancorp in the fourth quarter valued at $189,000. Hedge funds and other institutional investors own 12.05% 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 accepts demand, savings, and time deposits, as well as grants commercial, real estate, and consumer loans. It also offers brokerage services. As of February 22, 2018, the company operated 18 banking offices that serve the Ohio Counties of Athens, Belmont, Carroll, Fairfield, Harrison, Jefferson, and Tuscarawas; and a loan production office in Wheeling.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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