United Bancorp, Inc. $UBCP Stock Position Boosted by Commonwealth Financial Services LLC

Commonwealth Financial Services LLC boosted its stake in United Bancorp, Inc. (NASDAQ:UBCP) by 2.3% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 84,356 shares of the financial services provider’s stock after buying an additional 1,894 shares during the period. Commonwealth Financial Services LLC’s holdings in United Bancorp were worth $1,265,000 at the end of the most recent quarter.

Separately, Post Resch Tallon Group Inc. grew its position in United Bancorp by 3.0% in the 1st quarter. Post Resch Tallon Group Inc. now owns 45,425 shares of the financial services provider’s stock valued at $593,000 after buying an additional 1,325 shares in the last quarter. 15.42% of the stock is owned by hedge funds and other institutional investors.

United Bancorp Stock Performance

NASDAQ:UBCP opened at $13.26 on Friday. United Bancorp, Inc. has a twelve month low of $12.03 and a twelve month high of $15.64. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 1.66. The company has a 50-day moving average of $14.12 and a 200-day moving average of $13.72. The firm has a market cap of $76.56 million, a price-to-earnings ratio of 10.44 and a beta of 0.45.

United Bancorp (NASDAQ:UBCP) last posted its quarterly earnings data on Thursday, July 31st. The financial services provider reported $0.33 earnings per share for the quarter. United Bancorp had a net margin of 16.44% and a return on equity of 11.96%. The company had revenue of $7.99 million during the quarter.

United Bancorp Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Wednesday, September 10th were given a dividend of $0.1875 per share. This is a positive change from United Bancorp’s previous quarterly dividend of $0.19. The ex-dividend date was Wednesday, September 10th. This represents a $0.75 annualized dividend and a dividend yield of 5.7%. United Bancorp’s payout ratio is 59.06%.

Wall Street Analyst Weigh In

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

United Bancorp 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.