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

StockNews.com assumed coverage on shares of United-Guardian (NASDAQ:UG) in a report released on Wednesday morning. The brokerage issued a buy rating on the stock.

United-Guardian Trading Up 0.1 %

NASDAQ:UG opened at $9.87 on Wednesday. United-Guardian has a 12 month low of $7.02 and a 12 month high of $16.25. The firm’s 50 day moving average is $10.50 and its 200 day moving average is $11.62. The stock has a market capitalization of $45.34 million, a PE ratio of 12.99 and a beta of 0.73.

United-Guardian Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Monday, February 10th were issued a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 14.19%. The ex-dividend date of this dividend was Monday, February 10th. United-Guardian’s dividend payout ratio (DPR) is currently 92.11%.

Institutional Trading of United-Guardian

Hedge funds have recently made changes to their positions in the stock. Heron Bay Capital Management purchased a new stake in shares of United-Guardian in the fourth quarter worth $135,000. United Capital Financial Advisors LLC purchased a new position in shares of United-Guardian in the fourth quarter valued at $192,000. Northern Trust Corp increased 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 worth $244,000 after buying an additional 10,466 shares during the last quarter. Geode Capital Management LLC raised its position in United-Guardian by 10.3% during the fourth quarter. Geode Capital Management LLC now owns 31,264 shares of the company’s stock valued at $302,000 after purchasing an additional 2,929 shares during the period. Finally, Renaissance Technologies LLC lifted 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 worth $1,818,000 after acquiring an additional 7,800 shares during the last quarter. 23.16% of the stock is owned by institutional investors.

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.