United-Guardian (NASDAQ:UG) Issues Earnings Results

United-Guardian (NASDAQ:UG) announced its earnings results on Friday. The company reported $0.16 earnings per share for the quarter, Zacks reports. The business had revenue of $3.11 million during the quarter. United-Guardian had a net margin of 21.62% and a return on equity of 21.40%.

United-Guardian Stock Performance

Shares of United-Guardian stock opened at $7.29 on Friday. The stock has a market cap of $33.49 million, a P/E ratio of 13.50 and a beta of 0.95. The stock’s fifty day moving average is $7.22 and its 200 day moving average is $6.91. United-Guardian has a one year low of $5.58 and a one year high of $8.77.

United-Guardian Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, August 4th. Investors of record on Tuesday, July 28th were issued a $0.30 dividend. This represents a yield of 819.0%. The ex-dividend date of this dividend was Tuesday, July 28th. United-Guardian’s dividend payout ratio (DPR) is currently 111.11%.

Institutional Trading of United-Guardian

A hedge fund recently raised its position in United-Guardian stock. Geode Capital Management LLC grew its stake in shares of United-Guardian, Inc. (NASDAQ:UG) by 8.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 35,560 shares of the company’s stock after buying an additional 2,691 shares during the period. Geode Capital Management LLC owned 0.77% of United-Guardian worth $219,000 at the end of the most recent reporting period. 23.16% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings raised United-Guardian from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, July 21st. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

United-Guardian Company Profile

United-Guardian, Inc, headquartered in Hauppauge, New York, develops and supplies specialty ingredients and finished products for the personal care, cosmetic and esthetic markets. Its Specialty Ingredients segment offers antimicrobial preservatives, conditioning polymers, emulsifiers, UV filters and other functional actives that are incorporated into lotions, creams, shampoos and professional esthetic formulations.

The company’s Finished Products segment markets a range of skin and hair care items under the Guardian brand, providing private-label and contract manufacturing services to spas, salons and dermatology clinics.