Founders Financial Alliance LLC Acquires 3,633 Shares of United Bancorp, Inc. (NASDAQ:UBCP)

Founders Financial Alliance LLC grew its holdings in shares of United Bancorp, Inc. (NASDAQ:UBCP) by 11.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 36,642 shares of the financial services provider’s stock after purchasing an additional 3,633 shares during the quarter. Founders Financial Alliance LLC owned about 0.63% of United Bancorp worth $476,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. BBR Partners LLC acquired a new stake in shares of United Bancorp in the third quarter worth $131,000. Wesbanco Bank Inc. grew its stake in United Bancorp by 52.9% in the 4th quarter. Wesbanco Bank Inc. now owns 42,055 shares of the financial services provider’s stock valued at $547,000 after buying an additional 14,550 shares during the last quarter. Finally, Tallon Kerry Patrick bought a new position in United Bancorp in the 4th quarter worth $584,000. Institutional investors own 15.42% of the company’s stock.

United Bancorp Trading Down 5.8 %

United Bancorp stock opened at $12.86 on Tuesday. United Bancorp, Inc. has a 52 week low of $11.40 and a 52 week high of $15.50. 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 $74.45 million, a PE ratio of 10.13 and a beta of 0.38. The business’s 50-day simple moving average is $13.06 and its 200-day simple moving average is $12.97.

United Bancorp (NASDAQ:UBCP) last posted its quarterly earnings results on Friday, February 7th. The financial services provider reported $0.31 earnings per share (EPS) for the quarter. United Bancorp had a net margin of 16.83% and a return on equity of 11.73%.

United Bancorp Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Monday, March 10th will be paid a $0.1825 dividend. This is a positive change from United Bancorp’s previous quarterly dividend of $0.18. This represents a $0.73 annualized dividend and a dividend yield of 5.68%. The ex-dividend date is Monday, March 10th. United Bancorp’s dividend payout ratio is currently 57.48%.

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.