United Bancorp (NASDAQ:UBCP) Shares Cross Above 200 Day Moving Average – Time to Sell?

United Bancorp, Inc. (NASDAQ:UBCP)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $13.82 and traded as high as $13.99. United Bancorp shares last traded at $13.91, with a volume of 3,562 shares.

Analysts Set New Price Targets

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

United Bancorp Stock Up 0.4%

The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 1.49. The company has a market capitalization of $80.26 million, a price-to-earnings ratio of 10.70 and a beta of 0.39. The business’s 50-day moving average is $13.81 and its 200-day moving average is $13.82.

United Bancorp (NASDAQ:UBCP) last announced its quarterly earnings results on Friday, November 7th. The financial services provider reported $0.34 earnings per share for the quarter. The company had revenue of $8.08 million for the quarter. United Bancorp had a return on equity of 12.09% and a net margin of 16.39%.

United Bancorp Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Wednesday, December 10th were given a dividend of $0.19 per share. This is an increase from United Bancorp’s previous quarterly dividend of $0.19. This represents a $0.76 annualized dividend and a yield of 5.5%. The ex-dividend date was Wednesday, December 10th. United Bancorp’s dividend payout ratio (DPR) is 58.46%.

Institutional Trading of United Bancorp

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Russell Investments Group Ltd. acquired a new stake in United Bancorp in the 2nd quarter valued at $43,000. Osaic Holdings Inc. boosted its holdings in United Bancorp by 82.4% in the 2nd quarter. Osaic Holdings Inc. now owns 3,035 shares of the financial services provider’s stock worth $44,000 after buying an additional 1,371 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in United Bancorp during the 2nd quarter worth approximately $64,000. Citadel Advisors LLC purchased a new stake in United Bancorp during the 3rd quarter worth approximately $151,000. Finally, Founders Financial Alliance LLC raised its holdings in shares of United Bancorp by 11.3% during the third quarter. Founders Financial Alliance LLC now owns 37,276 shares of the financial services provider’s stock valued at $521,000 after acquiring an additional 3,784 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. United Bancorp, Inc was founded in 1902 and is headquartered in Martins Ferry, Ohio.