Scott Everson Acquires 2,213 Shares of United Bancorp (NASDAQ:UBCP) Stock

United Bancorp, Inc. (NASDAQ:UBCP) CEO Scott Everson acquired 2,213 shares of the firm’s stock in a transaction on Wednesday, May 27th. The stock was purchased at an average price of $14.93 per share, with a total value of $33,040.09. Following the purchase, the chief executive officer owned 143,162 shares in the company, valued at approximately $2,137,408.66. The trade was a 1.57% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website.

United Bancorp Trading Down 3.6%

NASDAQ:UBCP opened at $15.41 on Friday. 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 firm has a market cap of $89.07 million, a price-to-earnings ratio of 11.41 and a beta of 0.36. United Bancorp, Inc. has a 52 week low of $12.47 and a 52 week high of $17.33. The firm has a 50-day moving average price of $15.73 and a two-hundred day moving average price of $14.68.

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

United Bancorp Increases Dividend

The company 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 $0.195 dividend. This is a positive change from United Bancorp’s previous quarterly dividend of $0.19. The ex-dividend date is Wednesday, June 10th. This represents a $0.78 annualized dividend and a yield of 5.1%. United Bancorp’s dividend payout ratio (DPR) is 57.04%.

Institutional Investors Weigh In On United Bancorp

Large investors have recently modified their holdings of the stock. Vawter Financial Ltd. purchased a new stake in shares of United Bancorp during the 3rd quarter worth approximately $523,000. Founders Financial Alliance LLC increased 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 purchasing an additional 3,784 shares during the last quarter. Osaic Holdings Inc. increased its stake in shares of United Bancorp by 82.4% during the 2nd quarter. Osaic Holdings Inc. now owns 3,035 shares of the financial services provider’s stock worth $44,000 after purchasing an additional 1,371 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of United Bancorp by 8.7% during the 3rd 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, Geode Capital Management LLC increased its stake in shares of United Bancorp by 2.0% during the 4th quarter. Geode Capital Management LLC now owns 54,289 shares of the financial services provider’s stock worth $779,000 after purchasing an additional 1,073 shares during the last quarter. Hedge funds and other institutional investors own 15.42% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded shares of United Bancorp from a “hold (c)” rating to a “buy (b)” rating in a research note on Wednesday. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy”.

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.