United-Guardian (NASDAQ:UG) Now Covered by Analysts at StockNews.com

StockNews.com assumed coverage on shares of United-Guardian (NASDAQ:UG) in a research note published on Friday morning. The firm issued a buy rating on the stock.

United-Guardian Stock Performance

Shares of United-Guardian stock opened at $11.53 on Friday. The stock has a market cap of $52.92 million, a price-to-earnings ratio of 15.17 and a beta of 0.75. The stock has a 50 day moving average price of $10.10 and a 200-day moving average price of $11.89. United-Guardian has a one year low of $7.02 and a one year high of $16.25.

United-Guardian (NASDAQ:UG) last posted its quarterly earnings data on Friday, November 8th. The company reported $0.19 EPS for the quarter. United-Guardian had a net margin of 28.30% and a return on equity of 30.25%. The company had revenue of $3.06 million during the quarter.

United-Guardian Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 18th. Investors of record on Monday, February 10th will be given a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 12.14%. The ex-dividend date of this dividend is Monday, February 10th. United-Guardian’s dividend payout ratio (DPR) is currently 92.11%.

Institutional Investors Weigh In On United-Guardian

A number of institutional investors and hedge funds have recently modified their holdings of UG. Essex Investment Management Co. LLC purchased a new position in shares of United-Guardian during the third quarter worth approximately $126,000. Geode Capital Management LLC grew its stake in United-Guardian by 8.3% in the third quarter. Geode Capital Management LLC now owns 28,335 shares of the company’s stock worth $450,000 after purchasing an additional 2,170 shares in the last quarter. Finally, Renaissance Technologies LLC increased its holdings in United-Guardian by 1.1% during the 2nd quarter. Renaissance Technologies LLC now owns 187,563 shares of the company’s stock worth $1,677,000 after purchasing an additional 2,100 shares during the period. 23.16% of the stock is owned by institutional investors.

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.