United Bancorp (NASDAQ:UBCP) Stock Crosses Above Two Hundred Day Moving Average – Here’s What Happened

United Bancorp, Inc. (NASDAQ:UBCP)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $14.57 and traded as high as $15.33. United Bancorp shares last traded at $14.25, with a volume of 19,591 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “hold (c)” rating on shares of United Bancorp in a research note on Monday, April 20th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has an average rating of “Hold”.

United Bancorp Stock Performance

The company has a debt-to-equity ratio of 1.17, a current ratio of 0.75 and a quick ratio of 0.75. The firm has a market capitalization of $83.23 million, a PE ratio of 10.67 and a beta of 0.36. The business’s 50-day moving average price is $15.75 and its 200-day moving average price is $14.59.

United Bancorp (NASDAQ:UBCP) last announced its earnings results on Thursday, May 7th. The financial services provider reported $0.33 earnings per share (EPS) for the quarter. The business had revenue of $7.94 million for the quarter. United Bancorp had a net margin of 16.29% and a return on equity of 11.80%.

United Bancorp Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 19th. Stockholders of record on Wednesday, June 10th will be given a dividend of $0.195 per share. This represents a $0.78 dividend on an annualized basis and a dividend yield of 5.4%. This is a boost from United Bancorp’s previous quarterly dividend of $0.19. The ex-dividend date is Wednesday, June 10th. United Bancorp’s payout ratio is 57.04%.

Hedge Funds Weigh In On United Bancorp

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Vawter Financial Ltd. grew its holdings in shares of 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 buying an additional 671 shares during the last quarter. Commonwealth Financial Services LLC grew its holdings in shares of United Bancorp by 1.1% during the first quarter. Commonwealth Financial Services LLC now owns 87,355 shares of the financial services provider’s stock worth $1,329,000 after buying an additional 963 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of United Bancorp by 2.0% during the fourth 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 during the last quarter. Osaic Holdings Inc. grew its holdings 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 buying an additional 1,371 shares during the last quarter. Finally, Russell Investments Group Ltd. purchased a new position in shares of United Bancorp during the second quarter worth about $43,000. Hedge funds and other 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.