United-Guardian, Inc. (NASDAQ:UG) Shares Sold by Rodgers Brothers Inc.

Rodgers Brothers Inc. trimmed its stake in shares of United-Guardian, Inc. (NASDAQ:UG) by 2.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 95,377 shares of the company’s stock after selling 2,500 shares during the period. Rodgers Brothers Inc. owned about 2.08% of United-Guardian worth $912,000 at the end of the most recent reporting period.

Separately, Geode Capital Management LLC grew its stake in United-Guardian by 8.3% in the 3rd quarter. Geode Capital Management LLC now owns 28,335 shares of the company’s stock valued at $450,000 after acquiring an additional 2,170 shares during the last quarter. Institutional investors own 23.16% of the company’s stock.

United-Guardian Stock Performance

Shares of NASDAQ:UG opened at $9.15 on Monday. The business’s fifty day moving average price is $10.32 and its two-hundred day moving average price is $11.25. The stock has a market cap of $42.04 million, a PE ratio of 12.04 and a beta of 0.73. United-Guardian, Inc. has a one year low of $7.35 and a one year high of $16.25.

United-Guardian (NASDAQ:UG) last posted its quarterly earnings data on Friday, March 21st. The company reported $0.11 EPS for the quarter. The business had revenue of $2.48 million for the quarter. United-Guardian had a return on equity of 30.25% and a net margin of 28.30%.

United-Guardian Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Monday, February 10th were paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 15.30%. The ex-dividend date was Monday, February 10th. United-Guardian’s payout ratio is 98.59%.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on shares of United-Guardian in a research report on Friday. They set a “buy” rating for the company.

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.