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

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

United-Guardian Stock Performance

NASDAQ UG opened at $9.87 on Wednesday. United-Guardian has a fifty-two week low of $7.02 and a fifty-two week high of $16.25. The firm has a market capitalization of $45.34 million, a P/E ratio of 12.99 and a beta of 0.73. The stock has a 50-day simple moving average of $10.50 and a two-hundred day simple moving average of $11.62.

United-Guardian Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Monday, February 10th were paid a dividend of $0.35 per share. The ex-dividend date of this dividend was Monday, February 10th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 14.19%. United-Guardian’s payout ratio is 92.11%.

Institutional Investors Weigh In On United-Guardian

A number of institutional investors have recently modified their holdings of the business. Renaissance Technologies LLC increased its holdings in 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 in the last quarter. Geode Capital Management LLC grew its position in shares of United-Guardian by 10.3% in 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. Northern Trust Corp increased its stake in shares of United-Guardian by 69.5% during the fourth quarter. Northern Trust Corp now owns 25,527 shares of the company’s stock worth $244,000 after purchasing an additional 10,466 shares in the last quarter. United Capital Financial Advisors LLC acquired a new position in shares of United-Guardian during the 4th quarter worth about $192,000. Finally, Heron Bay Capital Management purchased a new position in United-Guardian in the 4th quarter valued at about $135,000. 23.16% of the stock is currently 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.