Camber Capital Management adds United Bancorp (UBCP) to its portfolio

United Bancorp (UBCP) : Camber Capital Management added new position in United Bancorp during the most recent quarter end. The investment management firm now holds 5,332,394 shares of United Bancorp which is valued at $58,389,714 , the company said in a statement filed on Nov 14, 2016 with the SEC.United Bancorp makes up approximately 3.84% of Camber Capital Management’s portfolio.

Other Hedge Funds, Including , Manufacturers Life Insurance Company The sold out all of its stake in UBCP during the most recent quarter. The investment firm sold 292 shares of UBCP which is valued $3,183.Wesbanco Bank Inc boosted its stake in UBCP in the latest quarter, The investment management firm added 3,140 additional shares and now holds a total of 257,089 shares of United Bancorp which is valued at $2,763,707. United Bancorp makes up approx 0.16% of Wesbanco Bank Inc’s portfolio.Tower Research Capital (trc) reduced its stake in UBCP by selling 973 shares or 98.18% in the most recent quarter. The Hedge Fund company now holds 18 shares of UBCP which is valued at $190.

United Bancorp opened for trading at $11.045 and hit $11.35 on the upside on Monday, eventually ending the session at $11.345, with a gain of 3.04% or 0.335 points. The heightened volatility saw the trading volume jump to 1,995 shares. Company has a market cap of $62 M.

Investors should note that on Nov 17, 2016, United Bancorp announced a cash dividend of $0.1100. The company’s management has announced Dec 7, 2016 as the ex-dividend date and fixed the record date on Dec 9, 2016. The payable date has been fixed on Dec 20, 2016.

United Bancorp Inc. (United Bancorp) is a bank holding company. The Company has one wholly owned subsidiary bank The Citizens Savings Bank Martins Ferry Ohio (the Bank). The Bank operates two divisions for marketing purposes The Community Bank a division of The Citizens Savings Bank and The Citizens Bank a division of The Citizens Savings Bank. The Bank serves customers in northeastern eastern southeastern and south central Ohio and is engaged in the business of commercial and retail banking in Belmont Harrison Jefferson Tuscarawas Carroll Athens Hocking and Fairfield counties and the surrounding localities. The Bank provides a range of banking and financial services which includes accepting demand savings and time deposits and granting commercial real estate and consumer loans. The Bank offers brokerage service through LPL Financial member National Association Of Securities Dealers/Securities Investor Protection Corporation (NASD/SIPC).

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