Vawter Financial Ltd. Takes Position in United Bancorp, Inc. $UBCP

Vawter Financial Ltd. acquired a new position in shares of United Bancorp, Inc. (NASDAQ:UBCP) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 37,429 shares of the financial services provider’s stock, valued at approximately $523,000. Vawter Financial Ltd. owned 0.65% of United Bancorp at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Founders Financial Alliance LLC grew its stake in shares of United Bancorp by 11.3% during the 3rd quarter. Founders Financial Alliance LLC now owns 37,276 shares of the financial services provider’s stock worth $521,000 after acquiring an additional 3,784 shares in the last quarter. Vanguard Group Inc. boosted its holdings in United Bancorp by 8.7% during 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. Commonwealth Financial Services LLC grew its position in United Bancorp by 1.2% in the third quarter. Commonwealth Financial Services LLC now owns 85,379 shares of the financial services provider’s stock valued at $1,193,000 after purchasing an additional 1,023 shares in the last quarter. Osaic Holdings Inc. grew its position 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 valued at $44,000 after purchasing an additional 1,371 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in United Bancorp in the 2nd quarter valued at $64,000. Institutional investors and hedge funds own 15.42% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “hold (c)” rating on shares of United Bancorp in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

United Bancorp Price Performance

NASDAQ:UBCP opened at $14.68 on Wednesday. United Bancorp, Inc. has a 1-year low of $12.25 and a 1-year high of $15.64. 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 firm has a fifty day simple moving average of $14.23 and a 200 day simple moving average of $13.84. The stock has a market capitalization of $84.71 million, a PE ratio of 10.96 and a beta of 0.39.

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

United Bancorp Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Tuesday, March 10th will be paid a $0.1925 dividend. This is an increase from United Bancorp’s previous quarterly dividend of $0.19. The ex-dividend date is Tuesday, March 10th. This represents a $0.77 annualized dividend and a yield of 5.2%. United Bancorp’s dividend payout ratio (DPR) is 56.72%.

United Bancorp 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.