November 21, 2016 - By Vivian Park · 0 Comments
United Bancshares Inc (NASDAQ:UBOH) institutional sentiment decreased to 1.25 in 2016 Q2. Its down -8.75, from 10 in 2016Q1. The ratio is negative, as 10 hedge funds started new and increased holdings, while 1 decreased and sold stakes in United Bancshares Inc. The hedge funds in our partner’s database now have: 1.16 million shares, up from 581,040 shares in 2016Q1. Also, the number of hedge funds holding United Bancshares Inc in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 0 Reduced: 1 Increased: 6 New Position: 4.
United Bancshares, Inc. is a bank holding firm of The Union Bank Company . The company has a market cap of $67.51 million. The Bank is a state-chartered bank. It has a 12.42 P/E ratio. Through the Bank, the Company provides a range of commercial and retail banking services.
About 662 shares traded hands. United Bancshares Inc. OH (NASDAQ:UBOH) has risen 9.78% since April 19, 2016 and is uptrending. It has outperformed by 5.92% the S&P500.
According to Zacks Investment Research, “United Bancshares Inc. is a bank holding company. Through its subsidiaries, The Union Bank Company, Columbus Grove, Ohio, The Bank of Leipsic Company, Leipsic, Ohio, and Citizens Bank of Delphos, Delphos, Ohio, the Corporation is engaged in the business of commercial banking.”
Gendell Jeffrey L holds 1.17% of its portfolio in United Bancshares Inc. OH for 321,875 shares. Edge Wealth Management Llc owns 40,000 shares or 0.3% of their US portfolio. Moreover, Rbf Capital Llc has 0.2% invested in the company for 57,500 shares. The New York-based Arbiter Partners Capital Management Llc has invested 0.1% in the stock. Acadian Asset Management Llc, a Massachusetts-based fund reported 145 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 6 insider buys, and 0 insider sales for $25,196 net activity.
United Bancshares, Inc., incorporated on August 7, 1985, is a bank holding firm of The Union Bank Company (the Bank). The Bank is a state-chartered bank. Through the Bank, the Company provides a range of commercial and retail banking services. The Bank offers a range of banking services, including checking accounts, savings and money market accounts; certificates of deposit; online banking and automatic teller machines; commercial, consumer, agricultural, residential mortgage and home equity loans; wealth management services; treasury management services; safe deposit box rentals, and other personalized banking services. Through its over 10 branch offices located in Bowling Green, Columbus Grove, Delaware, Delphos, Findlay, Gibsonburg, Kalida, Leipsic, Lima, Marion, Ottawa, and Pemberville, Ohio, the Company serves the Ohio counties of Allen, Delaware, Hancock, Marion, Putnam, Sandusky, Van Wert and Wood. The Bank has approximately two subsidiaries, including UBC Investments, Inc. (UBC), an entity formed to hold its securities portfolio, and UBC Property, Inc. (UBC Property), an entity formed to hold and manage certain property that is acquired in lieu of foreclosure.
More notable recent United Bancshares Inc. OH (NASDAQ:UBOH) news were published by: Bizjournals.com which released: “Ohio State Bank sold to United Bancshares in $4.3M deal” on November 17, 2014, also Businesswire.com with their article: “United Bankshares, Inc. and Cardinal Financial Corporation Announce Merger …” published on August 18, 2016, Businesswire.com published: “United Bankshares to Acquire Bank of Georgetown” on November 09, 2015. More interesting news about United Bancshares Inc. OH (NASDAQ:UBOH) were released by: Toledoblade.com and their article: “Mixed pay bag for local CEOs” published on May 01, 2016 as well as Reuters.com‘s news article titled: “Huntington Bancshares to buy FirstMerit Corp for about $3.4 billion” with publication date: January 26, 2016.
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By Vivian Park