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

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

United-Guardian Stock Down 1.4 %

UG stock opened at $7.65 on Wednesday. United-Guardian has a 12 month low of $5.79 and a 12 month high of $10.25. The firm has a market cap of $35.11 million, a P/E ratio of 13.66 and a beta of 0.73. The company’s 50-day moving average price is $8.08 and its two-hundred day moving average price is $7.65.

United-Guardian Dividend Announcement

The business also recently declared a Semi-Annual dividend, which was paid on Tuesday, February 20th. Stockholders of record on Monday, February 12th were paid a $0.10 dividend. The ex-dividend date was Friday, February 9th. This represents a dividend yield of 5.8%. United-Guardian’s payout ratio is currently 89.29%.

Institutional Investors Weigh In On United-Guardian

Hedge funds have recently made changes to their positions in the stock. UBS Group AG boosted its position in United-Guardian by 7.3% during the 1st quarter. UBS Group AG now owns 17,657 shares of the company’s stock worth $401,000 after buying an additional 1,207 shares during the period. Gamco Investors INC. ET AL increased its stake in shares of United-Guardian by 1.0% in the 4th quarter. Gamco Investors INC. ET AL now owns 156,000 shares of the company’s stock valued at $1,123,000 after acquiring an additional 1,500 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of United-Guardian by 1.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 107,356 shares of the company’s stock valued at $2,420,000 after acquiring an additional 1,694 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of United-Guardian by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 133,245 shares of the company’s stock valued at $959,000 after acquiring an additional 1,949 shares in the last quarter. Finally, Renaissance Technologies LLC increased its stake in shares of United-Guardian by 0.9% in the 2nd quarter. Renaissance Technologies LLC now owns 226,763 shares of the company’s stock valued at $3,399,000 after acquiring an additional 2,100 shares in 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.