United-Guardian (NASDAQ:UG) Receives New Coverage from Analysts at StockNews.com

StockNews.com began coverage on shares of United-Guardian (NASDAQ:UG) in a research report released on Wednesday morning. The firm issued a buy rating on the stock.

United-Guardian Price Performance

UG stock opened at $7.76 on Wednesday. The firm has a market cap of $35.60 million, a PE ratio of 13.85 and a beta of 0.73. United-Guardian has a 12 month low of $5.79 and a 12 month high of $10.25. The firm has a 50 day simple moving average of $8.07 and a 200 day simple moving average of $7.65.

United-Guardian Dividend Announcement

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

Institutional Investors Weigh In On United-Guardian

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Wells Fargo & Company MN increased its stake in shares of United-Guardian by 277.1% during the 2nd quarter. Wells Fargo & Company MN now owns 4,521 shares of the company’s stock worth $37,000 after purchasing an additional 3,322 shares during the last quarter. Citadel Advisors LLC increased its position in United-Guardian by 55.4% during the second quarter. Citadel Advisors LLC now owns 15,694 shares of the company’s stock worth $134,000 after buying an additional 5,596 shares during the last quarter. UBS Group AG raised its holdings in United-Guardian by 7.3% during the first quarter. UBS Group AG now owns 17,657 shares of the company’s stock valued at $401,000 after buying an additional 1,207 shares in the last quarter. Northern Trust Corp bought a new stake in United-Guardian during the fourth quarter worth approximately $151,000. Finally, Neuberger Berman Group LLC boosted its holdings in shares of United-Guardian by 66.6% during the 1st quarter. Neuberger Berman Group LLC now owns 93,340 shares of the company’s stock worth $2,123,000 after buying an additional 37,300 shares during the period. 23.16% of the stock is owned by hedge funds and other institutional investors.

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.