United-Guardian (NASDAQ:UG) Research Coverage Started at StockNews.com

StockNews.com began coverage on shares of United-Guardian (NASDAQ:UG) in a research report sent to investors on Sunday. The firm issued a buy rating on the stock.

United-Guardian Stock Down 0.6 %

UG stock opened at $10.81 on Friday. United-Guardian has a twelve month low of $7.02 and a twelve month high of $16.25. The company has a market cap of $49.62 million, a price-to-earnings ratio of 14.22 and a beta of 0.76. The business has a 50 day moving average price of $10.34 and a two-hundred day moving average price of $11.87.

United-Guardian Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Monday, February 10th were given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 12.95%. The ex-dividend date of this dividend was Monday, February 10th. United-Guardian’s dividend payout ratio (DPR) is currently 92.11%.

Institutional Investors Weigh In On United-Guardian

Several hedge funds have recently bought and sold shares of the company. Heron Bay Capital Management acquired a new position in shares of United-Guardian in the fourth quarter valued at $135,000. United Capital Financial Advisors LLC acquired a new position in United-Guardian in the 4th quarter valued at about $192,000. Northern Trust Corp raised its holdings in 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 acquiring an additional 10,466 shares during the period. Geode Capital Management LLC raised its holdings in United-Guardian by 10.3% in the 4th quarter. Geode Capital Management LLC now owns 31,264 shares of the company’s stock valued at $302,000 after acquiring an additional 2,929 shares during the period. Finally, Renaissance Technologies LLC lifted its position in United-Guardian by 4.3% during the fourth 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 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.