BBR Partners LLC Makes New $131,000 Investment in United Bancorp, Inc. (NASDAQ:UBCP)

BBR Partners LLC bought a new position in United Bancorp, Inc. (NASDAQ:UBCP) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 10,000 shares of the financial services provider’s stock, valued at approximately $131,000.

A number of other institutional investors have also recently added to or reduced their stakes in UBCP. Koss Olinger Consulting LLC bought a new stake in shares of United Bancorp during the 2nd quarter worth $293,000. Dimensional Fund Advisors LP boosted its position in shares of 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 valued at $419,000 after purchasing an additional 2,575 shares during the period. Vawter Financial Ltd. purchased a new position in United Bancorp in the 2nd quarter worth about $457,000. Finally, Commonwealth Financial Services LLC raised its holdings in 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 worth $1,183,000 after buying an additional 988 shares during the period. 15.42% of the stock is currently owned by institutional investors and hedge funds.

United Bancorp Stock Performance

Shares of UBCP opened at $13.40 on Thursday. United Bancorp, Inc. has a one year low of $10.78 and a one year high of $15.50. The company has a 50-day moving average of $12.97 and a two-hundred day 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. The stock has a market cap of $77.59 million, a price-to-earnings ratio of 9.71 and a beta of 0.41.

United Bancorp Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 20th. Shareholders of record on Tuesday, December 10th will be given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 5.37%. This is a boost from United Bancorp’s previous quarterly dividend of $0.18. The ex-dividend date is Tuesday, December 10th. United Bancorp’s payout ratio is presently 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.