United Bancorp (NASDAQ:UBCP) Director Bethany Schunn Acquires 1,175 Shares

United Bancorp, Inc. (NASDAQ:UBCP) Director Bethany Schunn bought 1,175 shares of the stock in a transaction dated Thursday, May 28th. The stock was purchased at an average price of $14.93 per share, with a total value of $17,542.75. Following the purchase, the director owned 20,457 shares in the company, valued at $305,423.01. This trade represents a 6.09% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

United Bancorp Stock Up 2.2%

Shares of UBCP traded up $0.34 on Thursday, reaching $15.84. The stock had a trading volume of 9,674 shares, compared to its average volume of 9,908. The firm has a market capitalization of $91.57 million, a price-to-earnings ratio of 11.73 and a beta of 0.36. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.75 and a current ratio of 0.75. The company has a 50-day simple moving average of $15.70 and a 200-day simple moving average of $14.65. United Bancorp, Inc. has a 12-month low of $12.47 and a 12-month high of $17.33.

United Bancorp (NASDAQ:UBCP) last released its earnings results on Thursday, May 7th. The financial services provider reported $0.33 EPS for the quarter. The company had revenue of $7.94 million during the quarter. United Bancorp had a return on equity of 11.80% and a net margin of 16.29%.

United Bancorp Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 19th. Shareholders of record on Wednesday, June 10th will be paid a dividend of $0.195 per share. The ex-dividend date is Wednesday, June 10th. This is a positive change from United Bancorp’s previous quarterly dividend of $0.19. This represents a $0.78 dividend on an annualized basis and a yield of 4.9%. United Bancorp’s dividend payout ratio (DPR) is presently 57.78%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in UBCP. Vawter Financial Ltd. purchased a new position in United Bancorp during the third quarter valued at $523,000. Appalachian Capital Management Ltd purchased a new position in shares of United Bancorp in the fourth quarter worth $479,000. Citadel Advisors LLC purchased a new position in shares of United Bancorp in the third quarter worth $151,000. Vanguard Group Inc. raised its stake in shares of United Bancorp by 8.7% in the third quarter. Vanguard Group Inc. now owns 95,346 shares of the financial services provider’s stock worth $1,332,000 after purchasing an additional 7,605 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new position in shares of United Bancorp in the second quarter worth $64,000. Hedge funds and other institutional investors own 15.42% of the company’s stock.

Wall Street Analyst Weigh In

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

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. United Bancorp, Inc was founded in 1902 and is headquartered in Martins Ferry, Ohio.