United Bancorp (NASDAQ:UBCP) Stock Passes Below Two Hundred Day Moving Average – Here’s What Happened

Shares of United Bancorp, Inc. (NASDAQ:UBCP) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $12.68 and traded as low as $12.57. United Bancorp shares last traded at $13.17, with a volume of 6,276 shares.

United Bancorp Price Performance

The stock has a market cap of $75.26 million, a PE ratio of 9.42 and a beta of 0.41. 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’s 50-day moving average is $13.21 and its two-hundred day moving average is $12.69.

United Bancorp Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 10th were issued a $0.18 dividend. The ex-dividend date was Tuesday, December 10th. This is a positive change from United Bancorp’s previous quarterly dividend of $0.18. This represents a $0.72 dividend on an annualized basis and a dividend yield of 5.54%. United Bancorp’s dividend payout ratio is currently 52.17%.

Hedge Funds Weigh In On United Bancorp

A number of institutional investors have recently bought and sold shares of UBCP. Koss Olinger Consulting LLC acquired a new stake in shares of United Bancorp in the second quarter worth $293,000. Dimensional Fund Advisors LP grew its position in United Bancorp by 8.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 33,376 shares of the financial services provider’s stock worth $419,000 after purchasing an additional 2,575 shares during the period. Vawter Financial Ltd. purchased a new position in shares of United Bancorp during the 2nd quarter valued at about $457,000. BBR Partners LLC purchased a new position in shares of United Bancorp during the 3rd quarter valued at about $131,000. Finally, Commonwealth Financial Services LLC lifted its holdings in shares of United Bancorp by 1.1% in the 3rd quarter. Commonwealth Financial Services LLC now owns 90,209 shares of the financial services provider’s stock valued at $1,183,000 after buying an additional 988 shares during the period. 15.42% of the stock is owned by hedge funds and other 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.