United Bancorp, Inc. (NASDAQ:UBCP) Stake Boosted by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP increased its position in shares of United Bancorp, Inc. (NASDAQ:UBCP) by 5.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 40,956 shares of the financial services provider’s stock after purchasing an additional 2,125 shares during the quarter. Dimensional Fund Advisors LP owned 0.71% of United Bancorp worth $528,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Tallon Kerry Patrick bought a new position in United Bancorp during the fourth quarter worth $584,000. Wesbanco Bank Inc. lifted its stake in United Bancorp by 52.9% in the fourth quarter. Wesbanco Bank Inc. now owns 42,055 shares of the financial services provider’s stock valued at $547,000 after buying an additional 14,550 shares during the last quarter. Finally, Founders Financial Alliance LLC lifted its stake in United Bancorp by 11.0% in the fourth quarter. Founders Financial Alliance LLC now owns 36,642 shares of the financial services provider’s stock valued at $476,000 after buying an additional 3,633 shares during the last quarter. 15.42% of the stock is currently owned by institutional investors.

United Bancorp Stock Performance

UBCP stock opened at $12.95 on Friday. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.79 and a current ratio of 0.79. The stock has a market capitalization of $77.26 million, a price-to-earnings ratio of 10.20 and a beta of 0.34. United Bancorp, Inc. has a 1 year low of $11.40 and a 1 year high of $14.78. The stock’s fifty day moving average is $12.94 and its two-hundred day moving average is $13.07.

United Bancorp (NASDAQ:UBCP) last posted its earnings results on Friday, May 9th. The financial services provider reported $0.32 earnings per share (EPS) for the quarter. The company had revenue of $7.53 million for the quarter. United Bancorp had a return on equity of 11.73% and a net margin of 16.83%.

United Bancorp Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 20th. Shareholders of record on Tuesday, June 10th will be paid a $0.185 dividend. This represents a $0.74 dividend on an annualized basis and a yield of 5.71%. This is a boost from United Bancorp’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend is Tuesday, June 10th. United Bancorp’s dividend payout ratio (DPR) is presently 59.68%.

United Bancorp Company 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.