US Bancorp DE lifted its stake in United-Guardian, Inc. (NASDAQ:UG) by 25.7% in the second quarter, HoldingsChannel reports. The institutional investor owned 3,719 shares of the company’s stock after buying an additional 760 shares during the quarter. US Bancorp DE’s holdings in United-Guardian were worth $56,000 at the end of the most recent reporting period.
Separately, BlackRock Inc. lifted its stake in shares of United-Guardian by 7.3% in the 1st quarter. BlackRock Inc. now owns 32,104 shares of the company’s stock valued at $486,000 after purchasing an additional 2,171 shares during the period. Institutional investors own 25.96% of the company’s stock.
Shares of United-Guardian stock opened at $14.05 on Tuesday. The stock’s fifty day simple moving average is $15.42 and its 200 day simple moving average is $15.34. United-Guardian, Inc. has a 12 month low of $13.41 and a 12 month high of $18.99. The company has a market capitalization of $64.49 million, a PE ratio of 16.79 and a beta of 0.10.
United-Guardian, Inc develops and manufactures pharmaceuticals, cosmetic ingredients, personal and health care products and medical devices. The firm conducts research and product development related to the development of new and unique cosmetic and personal care products. The company was founded by Alfred R.
See Also: What is the yield curve?
Want to see what other hedge funds are holding UG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United-Guardian, Inc. (NASDAQ:UG).
Receive News & Ratings for United-Guardian Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United-Guardian and related companies with MarketBeat.com's FREE daily email newsletter.