United Bancorp (NASDAQ:UBCP) Stock Price Passes Below Two Hundred Day Moving Average – What’s Next?

United Bancorp, Inc. (NASDAQ:UBCP)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $12.63 and traded as low as $12.52. United Bancorp shares last traded at $12.53, with a volume of 16,777 shares changing hands.

United Bancorp Price Performance

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 market capitalization of $72.54 million, a P/E ratio of 9.08 and a beta of 0.41. The business has a fifty day moving average of $13.18 and a 200-day moving average of $12.63.

United Bancorp Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 10th were paid a $0.18 dividend. The ex-dividend date of this dividend was Tuesday, December 10th. This represents a $0.72 dividend on an annualized basis and a yield of 5.75%. This is a boost from United Bancorp’s previous quarterly dividend of $0.18. United Bancorp’s dividend payout ratio (DPR) is currently 52.17%.

Hedge Funds Weigh In On United Bancorp

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in UBCP. BBR Partners LLC purchased a new stake in shares of United Bancorp during the third quarter worth $131,000. Koss Olinger Consulting LLC acquired a new position in United Bancorp in the 2nd quarter worth about $293,000. Dimensional Fund Advisors LP raised its stake in shares of 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 in the last quarter. Vawter Financial Ltd. acquired a new stake in shares of United Bancorp during the 2nd quarter valued at about $457,000. Finally, Commonwealth Financial Services LLC lifted its holdings in shares of United Bancorp by 1.1% during 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 last quarter. Institutional investors and hedge funds own 15.42% of the company’s stock.

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.