Chicago Capital Management LLC Takes $731,000 Position in United Community Bancorp (UCBA)

Chicago Capital Management LLC purchased a new stake in shares of United Community Bancorp (NASDAQ:UCBA) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 29,017 shares of the savings and loans company’s stock, valued at approximately $731,000. United Community Bancorp makes up 0.3% of Chicago Capital Management LLC’s investment portfolio, making the stock its 19th largest position. Chicago Capital Management LLC owned approximately 0.65% of United Community Bancorp at the end of the most recent reporting period.

Separately, Kassirer Asset Management Corp purchased a new stake in United Community Bancorp during the first quarter valued at about $1,890,000. 28.47% of the stock is owned by hedge funds and other institutional investors.

Separately, ValuEngine raised United Community Bancorp from a “hold” rating to a “buy” rating in a research note on Monday, April 23rd.

Shares of United Community Bancorp opened at $26.50 on Friday, Marketbeat Ratings reports. United Community Bancorp has a 12-month low of $25.80 and a 12-month high of $26.05. The stock has a market cap of $116.27 million, a PE ratio of 30.23 and a beta of -0.08. The company has a current ratio of 0.72, a quick ratio of 0.70 and a debt-to-equity ratio of 0.10.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 5th. Stockholders of record on Wednesday, May 23rd will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Tuesday, May 22nd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.51%.

United Community Bancorp Profile

United Community Bancorp operates as the bank holding company for United Community Bank that provides various banking products and services to consumers and businesses in Southeastern Indiana. Its deposit products include noninterest-bearing demand accounts, including checking accounts; interest-bearing accounts, such as interest-bearing checking and money market accounts; regular savings accounts; and certificates of deposit, as well as municipal deposits.

Institutional Ownership by Quarter for United Community Bancorp (NASDAQ:UCBA)

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