Seidman Lawrence B raised its position in United Community Bancorp (NASDAQ:UCBA) by 21.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 209,066 shares of the savings and loans company’s stock after buying an additional 36,366 shares during the period. United Community Bancorp comprises 2.4% of Seidman Lawrence B’s investment portfolio, making the stock its 13th largest position. Seidman Lawrence B owned approximately 5.15% of United Community Bancorp worth $3,962,000 at the end of the most recent reporting period.

United Community Bancorp (NASDAQ UCBA) opened at 18.95 on Monday. The firm’s 50-day moving average price is $19.10 and its 200-day moving average price is $18.28. United Community Bancorp has a 12 month low of $14.61 and a 12 month high of $19.40. The firm has a market cap of $76.97 million, a P/E ratio of 22.56 and a beta of 0.16.

United Community Bancorp (NASDAQ:UCBA) last posted its earnings results on Friday, August 4th. The savings and loans company reported $0.24 earnings per share for the quarter. The company had revenue of $4.82 million during the quarter. United Community Bancorp had a net margin of 16.43% and a return on equity of 4.94%.

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 7th. Investors of record on Thursday, August 24th will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 2.11%. This is a boost from United Community Bancorp’s previous quarterly dividend of $0.09. The ex-dividend date is Tuesday, August 22nd. United Community Bancorp’s dividend payout ratio (DPR) is presently 47.62%.

TRADEMARK VIOLATION NOTICE: This story was first published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this story on another site, it was illegally stolen and reposted in violation of U.S. and international copyright & trademark laws. The original version of this story can be read at https://www.thecerbatgem.com/2017/08/28/united-community-bancorp-ucba-stake-boosted-by-seidman-lawrence-b.html.

About United Community Bancorp

United Community Bancorp, Inc is a savings and loan holding company. The Company is the holding company for United Community Bank (the Bank). The Bank offers a menu of banking services and products to consumers and businesses in its market areas. The Bank offers personal banking services and business banking services.

Receive News & Stock Ratings for United Community Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Community Bancorp and related stocks with our FREE daily email newsletter.