United Bancorp (NASDAQ:UBCP) Share Price Passes Below Two Hundred Day Moving Average of $15.83

United Bancorp, Inc. (NASDAQ:UBCPGet Rating)’s share price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $15.83 and traded as low as $14.95. United Bancorp shares last traded at $15.17, with a volume of 1,802 shares.

United Bancorp Stock Down 1.4 %

The business’s 50 day simple moving average is $15.71 and its 200-day simple moving average is $15.83. The company has a market cap of $89.73 million, a price-to-earnings ratio of 9.98 and a beta of 0.25. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.77 and a current ratio of 0.77.

United Bancorp Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 20th. Stockholders of record on Friday, September 9th were issued a dividend of $0.1575 per share. The ex-dividend date was Thursday, September 8th. This represents a $0.63 dividend on an annualized basis and a dividend yield of 4.15%. This is an increase from United Bancorp’s previous quarterly dividend of $0.16. United Bancorp’s dividend payout ratio (DPR) is currently 41.45%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. State Street Corp acquired a new stake in shares of United Bancorp during the 2nd quarter valued at about $167,000. Dimensional Fund Advisors LP boosted its position in United Bancorp by 8.3% in the third quarter. Dimensional Fund Advisors LP now owns 29,439 shares of the financial services provider’s stock valued at $473,000 after buying an additional 2,259 shares in the last quarter. Finally, Advisor Group Holdings Inc. boosted its position in United Bancorp by 1.5% in the first quarter. Advisor Group Holdings Inc. now owns 89,875 shares of the financial services provider’s stock valued at $1,635,000 after buying an additional 1,296 shares in the last quarter. Institutional investors own 8.72% of the company’s stock.

About United Bancorp

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United Bancorp, Inc operates as the bank holding company for Unified Bank that provides commercial and retail banking services in Ohio. It accepts demand, savings, and time deposits, as well as grants commercial, commercial and residential real estate, and consumer loans. As of December 31, 2021, the company operated through a network of banking offices in Athens, Belmont, Carroll, Fairfield, Harrison, Jefferson, and Tuscarawas Counties in Ohio, as well as Marshall and Ohio Counties in West Virginia and the surrounding localities; and a loan production office in Wheeling, West Virginia.

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