Tallon Kerry Patrick bought a new stake in shares of United Bancorp, Inc. (NASDAQ:UBCP - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 44,100 shares of the financial services provider's stock, valued at approximately $584,000. Tallon Kerry Patrick owned approximately 0.76% of United Bancorp at the end of the most recent reporting period.
Other large investors also recently made changes to their positions in the company. Dimensional Fund Advisors LP grew its position in United Bancorp by 8.4% during the second quarter. Dimensional Fund Advisors LP now owns 33,376 shares of the financial services provider's stock valued at $419,000 after purchasing an additional 2,575 shares in the last quarter. BBR Partners LLC acquired a new stake in shares of United Bancorp during the 3rd quarter valued at $131,000. Finally, Commonwealth Financial Services LLC boosted its stake 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 period. Institutional investors and hedge funds own 15.42% of the company's stock.
United Bancorp Stock Down 0.2 %
Shares of NASDAQ UBCP traded down $0.02 during mid-day trading on Friday, reaching $12.70. The company had a trading volume of 4,169 shares, compared to its average volume of 3,797. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.79 and a current ratio of 0.79. United Bancorp, Inc. has a twelve month low of $11.40 and a twelve month high of $15.50. The stock's 50 day moving average is $13.21 and its 200-day moving average is $12.75. The stock has a market capitalization of $73.53 million, a PE ratio of 9.20 and a beta of 0.40.
United Bancorp Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 10th were issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 5.67%. This is a positive change from United Bancorp's previous quarterly dividend of $0.18. The ex-dividend date of this dividend was Tuesday, December 10th. United Bancorp's payout ratio is currently 52.17%.
About United Bancorp
(
Free Report)
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.
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