United-Guardian (NASDAQ:UG) Earns Buy Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of United-Guardian (NASDAQ:UG) in a report released on Thursday. The firm issued a buy rating on the stock.

United-Guardian Stock Up 0.2 %

Shares of NASDAQ UG opened at $9.90 on Thursday. United-Guardian has a fifty-two week low of $7.02 and a fifty-two week high of $16.25. The business has a 50 day moving average price of $10.49 and a two-hundred day moving average price of $11.49. The firm has a market cap of $45.48 million, a PE ratio of 13.03 and a beta of 0.73.

United-Guardian Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Monday, February 10th were issued a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 14.14%. The ex-dividend date was Monday, February 10th. United-Guardian’s dividend payout ratio is currently 92.11%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Geode Capital Management LLC boosted its holdings in United-Guardian by 8.3% in the third quarter. Geode Capital Management LLC now owns 28,335 shares of the company’s stock worth $450,000 after purchasing an additional 2,170 shares during the period. Renaissance Technologies LLC boosted its holdings in shares of United-Guardian by 4.3% in the 4th quarter. Renaissance Technologies LLC now owns 190,163 shares of the company’s stock valued at $1,818,000 after buying an additional 7,800 shares during the period. Northern Trust Corp boosted its holdings in shares of United-Guardian by 69.5% in the 4th quarter. Northern Trust Corp now owns 25,527 shares of the company’s stock valued at $244,000 after buying an additional 10,466 shares during the period. Heron Bay Capital Management acquired a new position in shares of United-Guardian in the 4th quarter valued at about $135,000. Finally, United Capital Financial Advisors LLC acquired a new position in shares of United-Guardian in the 4th quarter valued at about $192,000. 23.16% of the stock is owned by institutional investors and hedge funds.

United-Guardian Company Profile

United-Guardian, Inc manufactures and markets cosmetic ingredients, pharmaceuticals, medical lubricants, and proprietary specialty industrial products in the United States and internationally The company offers cosmetic ingredients, including LUBRAJEL, a line of water-based gel formulation for sensory enhancement, lubrication, and texture to personal care products; LUBRAJEL NATURAL for skin moisturizing; LUBRAJEL MARINE that develops natural products using naturally derived polymers; LUBRAJEL OlL NATURAL, which makes luxuriant textures without adding viscosity; LUBRAJEL TERRA, a multifunctional, moisturizing hydrogel products; LUBRASIL II SB, a formulation of LUBRAJEL; LUBRAJEL II XD; B-122, a powdered lubricant used in the manufacture of pressed powders, eyeliners, rouges, and industrial products; and ORCHID COMPLEX, an oil-soluble base for extract of fresh orchids used in fragrance products, such as perfumes and toiletries.