BBR Partners LLC Takes $131,000 Position in United Bancorp, Inc. (NASDAQ:UBCP)

BBR Partners LLC bought a new stake in shares of United Bancorp, Inc. (NASDAQ:UBCP) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 10,000 shares of the financial services provider’s stock, valued at approximately $131,000. BBR Partners LLC owned about 0.17% of United Bancorp at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Commonwealth Financial Services LLC grew its holdings in United Bancorp by 1.1% in the 3rd quarter. Commonwealth Financial Services LLC now owns 90,209 shares of the financial services provider’s stock worth $1,183,000 after buying an additional 988 shares in the last quarter. Vawter Financial Ltd. bought a new position in United Bancorp in the 2nd quarter worth approximately $457,000. Dimensional Fund Advisors LP grew its holdings in United Bancorp by 8.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 33,376 shares of the financial services provider’s stock worth $419,000 after buying an additional 2,575 shares in the last quarter. Finally, Koss Olinger Consulting LLC bought a new position in United Bancorp in the 2nd quarter worth approximately $293,000. 15.42% of the stock is owned by institutional investors.

United Bancorp Stock Performance

Shares of UBCP stock opened at $13.40 on Thursday. United Bancorp, Inc. has a 12-month low of $10.78 and a 12-month high of $15.50. The firm has a market capitalization of $77.59 million, a price-to-earnings ratio of 9.71 and a beta of 0.41. The business has a 50 day simple moving average of $12.97 and a 200 day simple moving average of $12.47. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.79 and a quick ratio of 0.79.

United Bancorp Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 20th. Investors of record on Tuesday, December 10th will be issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 5.37%. This is a positive change from United Bancorp’s previous quarterly dividend of $0.18. The ex-dividend date is Tuesday, December 10th. United Bancorp’s dividend payout ratio is 51.45%.

United Bancorp 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.