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

StockNews.com began coverage on shares of United-Guardian (NASDAQ:UG) in a research note issued to investors on Tuesday morning. The brokerage issued a buy rating on the stock.

United-Guardian Price Performance

Shares of UG stock opened at $9.70 on Tuesday. The stock has a market cap of $44.56 million, a PE ratio of 12.76 and a beta of 0.73. The stock has a 50-day moving average of $10.49 and a 200-day moving average of $11.77. United-Guardian has a one year low of $7.02 and a one year high of $16.25.

United-Guardian Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Monday, February 10th were given a dividend of $0.35 per share. The ex-dividend date was Monday, February 10th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 14.43%. United-Guardian’s dividend payout ratio is 92.11%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Heron Bay Capital Management bought a new position in shares of United-Guardian during the 4th quarter valued at about $135,000. United Capital Financial Advisors LLC acquired a new stake in United-Guardian during the 4th quarter worth approximately $192,000. Northern Trust Corp lifted its stake in United-Guardian by 69.5% in the fourth quarter. Northern Trust Corp now owns 25,527 shares of the company’s stock valued at $244,000 after buying an additional 10,466 shares in the last quarter. Geode Capital Management LLC boosted its holdings 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 buying an additional 2,929 shares during the period. Finally, Renaissance Technologies LLC increased its position in shares of 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 in the last quarter. 23.16% of the stock is 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.