United Bancorp, Inc. (NASDAQ:UBCP) CFO Randall M. Greenwood Acquires 1,050 Shares of Stock

United Bancorp, Inc. (NASDAQ:UBCP) CFO Randall M. Greenwood acquired 1,050 shares of the company’s stock in a transaction dated Friday, June 21st. The stock was acquired at an average price of $12.33 per share, for a total transaction of $12,946.50. Following the completion of the purchase, the chief financial officer now directly owns 78,987 shares of the company’s stock, valued at approximately $973,909.71. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

United Bancorp Trading Up 11.4 %

United Bancorp stock opened at $13.28 on Tuesday. The company has a debt-to-equity ratio of 1.56, a quick ratio of 0.79 and a current ratio of 0.79. The business’s 50-day simple moving average is $12.38 and its 200-day simple moving average is $12.49. The firm has a market capitalization of $79.02 million, a PE ratio of 8.35 and a beta of 0.39. United Bancorp, Inc. has a 52 week low of $9.70 and a 52 week high of $15.50.

United Bancorp (NASDAQ:UBCP) last posted its quarterly earnings data on Thursday, May 9th. The financial services provider reported $0.35 EPS for the quarter. The business had revenue of $6.98 million for the quarter. United Bancorp had a return on equity of 15.23% and a net margin of 21.47%.

United Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 20th. Stockholders of record on Monday, June 10th were paid a $0.175 dividend. The ex-dividend date of this dividend was Monday, June 10th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 5.27%. United Bancorp’s payout ratio is presently 44.03%.

Hedge Funds Weigh In On United Bancorp

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Founders Financial Alliance LLC increased its stake in United Bancorp by 26.0% during the fourth quarter. Founders Financial Alliance LLC now owns 32,053 shares of the financial services provider’s stock valued at $412,000 after acquiring an additional 6,622 shares during the period. Vantage Financial Partners LLC increased its stake in United Bancorp by 26.4% during the fourth quarter. Vantage Financial Partners LLC now owns 44,270 shares of the financial services provider’s stock valued at $564,000 after acquiring an additional 9,258 shares during the period. Finally, Wesbanco Bank Inc. increased its stake in United Bancorp by 90.4% during the first quarter. Wesbanco Bank Inc. now owns 47,083 shares of the financial services provider’s stock valued at $681,000 after acquiring an additional 22,357 shares during the period. 15.42% of the stock is currently owned by institutional investors.

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.