United Bancorp (NASDAQ:UBCP) Stock Price Passes Above 200 Day Moving Average – Should You Sell?

United Bancorp, Inc. (NASDAQ:UBCPGet Free Report) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $13.09 and traded as high as $13.74. United Bancorp shares last traded at $13.73, with a volume of 4,218 shares traded.

United Bancorp Trading Up 1.6%

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 firm has a 50-day moving average of $13.00 and a 200-day moving average of $13.09. The firm has a market capitalization of $79.52 million, a P/E ratio of 10.81 and a beta of 0.34.

United Bancorp (NASDAQ:UBCPGet Free Report) last released its quarterly earnings data on Friday, May 9th. The financial services provider reported $0.32 earnings per share for the quarter. United Bancorp had a return on equity of 11.73% and a net margin of 16.83%. The business had revenue of $7.53 million during the quarter.

United Bancorp Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 20th. Shareholders of record on Tuesday, June 10th will be issued a $0.185 dividend. The ex-dividend date is Tuesday, June 10th. This represents a $0.74 annualized dividend and a yield of 5.39%. This is a boost from United Bancorp’s previous quarterly dividend of $0.18. United Bancorp’s dividend payout ratio (DPR) is 59.68%.

Insiders Place Their Bets

In other United Bancorp news, Director Gary W. Glessner acquired 3,497 shares of the company’s stock in a transaction on Thursday, May 22nd. The stock was acquired at an average price of $13.62 per share, for a total transaction of $47,629.14. Following the acquisition, the director now owns 100,529 shares in the company, valued at $1,369,204.98. This represents a 3.60% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Scott A. Everson bought 2,197 shares of the stock in a transaction dated Thursday, May 22nd. The stock was purchased at an average price of $13.62 per share, with a total value of $29,923.14. Following the purchase, the chief executive officer now owns 140,807 shares in the company, valued at $1,917,791.34. This trade represents a 1.59% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last 90 days, insiders acquired 11,009 shares of company stock worth $149,943. 12.93% of the stock is currently owned by company insiders.

Institutional Trading of United Bancorp

Hedge funds have recently modified their holdings of the business. Tallon Kerry Patrick bought a new stake in shares of United Bancorp during the 4th quarter valued at $584,000. Dimensional Fund Advisors LP boosted its holdings in shares of United Bancorp by 5.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 40,956 shares of the financial services provider’s stock valued at $528,000 after buying an additional 2,125 shares in the last quarter. Founders Financial Alliance LLC boosted its holdings in shares of United Bancorp by 11.0% during the 4th 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 in the last quarter. Commonwealth Financial Services LLC boosted its holdings in shares of United Bancorp by 1.2% during the 1st quarter. Commonwealth Financial Services LLC now owns 82,462 shares of the financial services provider’s stock valued at $1,107,000 after buying an additional 1,005 shares in the last quarter. Finally, Post Resch Tallon Group Inc. raised its position in shares of 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 worth $593,000 after purchasing an additional 1,325 shares during the last quarter. Institutional investors own 15.42% of the company’s stock.

About United Bancorp

(Get Free Report)

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.

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