TheStreet upgraded shares of United Bancshares (NASDAQ:UBOH) from a c+ rating to a b rating in a research report sent to investors on Thursday morning.
Shares of UBOH stock opened at $21.65 on Thursday. United Bancshares has a twelve month low of $20.35 and a twelve month high of $23.50. The company has a market capitalization of $70.75, a price-to-earnings ratio of 12.96 and a beta of 0.35. The company has a current ratio of 0.85, a quick ratio of 0.84 and a debt-to-equity ratio of 0.92.
The business also recently announced a quarterly dividend, which will be paid on Friday, June 15th. Shareholders of record on Thursday, May 31st will be paid a $0.12 dividend. The ex-dividend date of this dividend is Wednesday, May 30th. This represents a $0.48 annualized dividend and a dividend yield of 2.22%.
An institutional investor recently bought a new position in United Bancshares stock. Context BH Capital Management LP bought a new stake in United Bancshares, Inc. (NASDAQ:UBOH) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 9,955 shares of the bank’s stock, valued at approximately $221,000. Context BH Capital Management LP owned about 0.30% of United Bancshares at the end of the most recent quarter. Institutional investors own 17.84% of the company’s stock.
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United Bancshares Company Profile
United Bancshares, Inc operates as the bank holding company for The Union Bank Company that provides various commercial and retail banking products and services. The company accepts various deposits products, such as checking, savings, demand deposit, money market deposit, term certificate, and individual retirement accounts, as well as certificates of deposit.
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