United Bancorp (NASDAQ:UBCP) Stock Passes Above 200-Day Moving Average – Time to Sell?

United Bancorp, Inc. (NASDAQ:UBCP) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $13.94 and traded as high as $15.16. United Bancorp shares last traded at $14.70, with a volume of 3,269 shares.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of United Bancorp in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

United Bancorp Stock Down 2.7%

The stock’s fifty day moving average price is $14.48 and its 200 day moving average price is $13.94. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 1.49. The stock has a market cap of $84.82 million, a P/E ratio of 10.97 and a beta of 0.36.

United Bancorp (NASDAQ:UBCP) last posted its quarterly earnings data on Tuesday, February 3rd. The financial services provider reported $0.35 earnings per share (EPS) for the quarter. United Bancorp had a net margin of 16.32% and a return on equity of 12.44%. The company had revenue of $6.89 million during the quarter.

United Bancorp Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Shareholders of record on Tuesday, March 10th will be paid a dividend of $0.1925 per share. This represents a $0.77 annualized dividend and a yield of 5.2%. This is an increase from United Bancorp’s previous quarterly dividend of $0.19. The ex-dividend date of this dividend is Tuesday, March 10th. United Bancorp’s dividend payout ratio is presently 57.46%.

Hedge Funds Weigh In On United Bancorp

Institutional investors have recently modified their holdings of the company. Russell Investments Group Ltd. purchased a new position in shares of United Bancorp during the 2nd quarter valued at about $43,000. Osaic Holdings Inc. boosted its stake in United Bancorp by 82.4% in 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 in the last quarter. Raymond James Financial Inc. purchased a new stake in United Bancorp in the second quarter worth approximately $64,000. Citadel Advisors LLC bought a new position in United Bancorp during the third quarter valued at approximately $151,000. Finally, Appalachian Capital Management Ltd bought a new position in United Bancorp during the fourth quarter valued at approximately $479,000. 15.42% of the stock is currently owned by institutional investors.

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.