Dimensional Fund Advisors LP Grows Position in United Bancorp, Inc. (NASDAQ:UBCP)

Dimensional Fund Advisors LP boosted its holdings in shares of United Bancorp, Inc. (NASDAQ:UBCP) by 8.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,376 shares of the financial services provider’s stock after acquiring an additional 2,575 shares during the period. Dimensional Fund Advisors LP owned about 0.56% of United Bancorp worth $419,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Koss Olinger Consulting LLC purchased a new position in United Bancorp during the second quarter valued at approximately $293,000. 15.42% of the stock is owned by hedge funds and other institutional investors.

United Bancorp Stock Down 0.8 %

United Bancorp stock opened at $13.05 on Tuesday. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 1.63. The firm has a market cap of $77.65 million, a P/E ratio of 8.76 and a beta of 0.41. The business has a fifty day moving average of $12.39 and a two-hundred day moving average of $12.52. United Bancorp, Inc. has a twelve month low of $9.70 and a twelve month high of $15.50.

United Bancorp (NASDAQ:UBCP) last released its quarterly earnings results on Wednesday, August 7th. The financial services provider reported $0.30 EPS for the quarter. United Bancorp had a net margin of 19.85% and a return on equity of 14.19%. The business had revenue of $7.39 million during the quarter.

United Bancorp Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 20th. Shareholders of record on Tuesday, September 10th were issued a $0.1775 dividend. This is a positive change from United Bancorp’s previous quarterly dividend of $0.18. This represents a $0.71 annualized dividend and a yield of 5.44%. The ex-dividend date was Tuesday, September 10th. United Bancorp’s payout ratio is currently 47.65%.

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.