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 research report sent to investors on Saturday. The brokerage issued a buy rating on the stock.

United-Guardian Trading Up 0.3 %

United-Guardian stock opened at $11.75 on Friday. The firm’s 50 day moving average price is $10.08 and its 200-day moving average price is $8.90. United-Guardian has a 1 year low of $5.79 and a 1 year high of $12.50.

United-Guardian Increases Dividend

The firm also recently declared a Semi-Annual dividend, which was paid on Wednesday, July 31st. Investors of record on Tuesday, July 23rd were paid a dividend of $0.35 per share. This is an increase from United-Guardian’s previous Semi-Annual dividend of $0.10. The ex-dividend date was Tuesday, July 23rd. This represents a yield of 6.1%. United-Guardian’s dividend payout ratio is presently 116.67%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in United-Guardian stock. Rodgers Brothers Inc. grew its position in United-Guardian, Inc. (NASDAQ:UG) by 5.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 100,100 shares of the company’s stock after acquiring an additional 4,750 shares during the quarter. Rodgers Brothers Inc. owned about 2.18% of United-Guardian worth $766,000 at the end of the most recent reporting period. 23.16% of the stock is currently owned by institutional investors and hedge funds.

About United-Guardian

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.