United Bancorp (NASDAQ:UBCP) Share Price Passes Below Two Hundred Day Moving Average – Should You Sell?

United Bancorp, Inc. (NASDAQ:UBCP)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $14.63 and traded as low as $14.38. United Bancorp shares last traded at $14.55, with a volume of 12,761 shares.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of United Bancorp in a research report on Monday, April 20th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has an average rating of “Hold”.

United Bancorp Price Performance

The stock’s 50-day moving average price is $15.69 and its 200 day moving average price is $14.63. The firm has a market capitalization of $84.10 million, a price-to-earnings ratio of 10.78 and a beta of 0.36. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 1.17.

United Bancorp (NASDAQ:UBCP) last issued its earnings results on Thursday, May 7th. The financial services provider reported $0.33 EPS for the quarter. The business had revenue of $7.94 million during 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 $0.195 dividend. This represents a $0.78 dividend on an annualized basis and a dividend yield of 5.4%. This is a positive change from United Bancorp’s previous quarterly dividend of $0.19. The ex-dividend date is Wednesday, June 10th. United Bancorp’s dividend payout ratio (DPR) is currently 57.04%.

Institutional Investors Weigh In On United Bancorp

A number of hedge funds have recently modified their holdings of the business. Vawter Financial Ltd. raised its position in shares of United Bancorp by 1.9% in the first quarter. Vawter Financial Ltd. now owns 36,329 shares of the financial services provider’s stock valued at $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% 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 purchasing an additional 963 shares during the period. Geode Capital Management LLC grew its holdings in shares of United Bancorp by 2.0% in the fourth quarter. Geode Capital Management LLC now owns 54,289 shares of the financial services provider’s stock valued at $779,000 after purchasing an additional 1,073 shares during the period. Osaic Holdings Inc. grew its holdings in shares of United Bancorp by 82.4% in the second quarter. Osaic Holdings Inc. now owns 3,035 shares of the financial services provider’s stock valued at $44,000 after purchasing an additional 1,371 shares during the period. Finally, Russell Investments Group Ltd. purchased a new stake in shares of United Bancorp in the second quarter valued at about $43,000. 15.42% of the stock is currently owned by institutional investors and hedge funds.

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.