United Bancorp (NASDAQ:UBCP) Lifted to “Sell” at ValuEngine

ValuEngine upgraded shares of United Bancorp (NASDAQ:UBCP) from a strong sell rating to a sell rating in a research report report published on Thursday, ValuEngine reports.

Separately, TheStreet raised United Bancorp from a c+ rating to a b rating in a report on Tuesday, June 30th.

Shares of NASDAQ UBCP opened at $10.67 on Thursday. The stock has a market cap of $61.13 million, a PE ratio of 8.97 and a beta of 0.37. United Bancorp has a 1 year low of $7.64 and a 1 year high of $15.56. The firm has a fifty day moving average price of $11.18 and a 200-day moving average price of $11.62. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.86 and a quick ratio of 0.86.

United Bancorp (NASDAQ:UBCP) last issued its quarterly earnings results on Wednesday, July 29th. The financial services provider reported $0.29 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.31 by ($0.02). The business had revenue of $7.68 million during the quarter. United Bancorp had a return on equity of 11.16% and a net margin of 20.29%.

Several large investors have recently modified their holdings of UBCP. Ladenburg Thalmann Financial Services Inc. increased its holdings in United Bancorp by 5.3% in the 4th quarter. Ladenburg Thalmann Financial Services Inc. now owns 69,925 shares of the financial services provider’s stock valued at $1,000,000 after acquiring an additional 3,498 shares during the last quarter. Advisor Group Holdings Inc. bought a new stake in shares of United Bancorp in the first quarter worth about $753,000. Renaissance Technologies LLC bought a new stake in shares of United Bancorp in the fourth quarter worth about $163,000. Finally, UBS Group AG lifted its position in shares of United Bancorp by 532.5% in the fourth quarter. UBS Group AG now owns 2,062 shares of the financial services provider’s stock worth $30,000 after buying an additional 1,736 shares in the last quarter. Hedge funds and other institutional investors own 10.80% of the company’s stock.

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. It accepts demand, savings, and time deposits, as well as grants commercial, real estate, and consumer loans. The company also offers brokerage services. As of April 24, 2019, it operated through a network of 19 banking offices in the Ohio counties of Athens, Belmont, Carroll, Fairfield, Harrison, Jefferson, and Tuscarawas; and a loan production office in Wheeling, West Virginia.

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