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

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

United-Guardian Stock Up 2.4 %

Shares of UG stock opened at $7.76 on Wednesday. United-Guardian has a twelve month low of $5.79 and a twelve month high of $10.25. The business has a fifty day simple moving average of $8.07 and a 200 day simple moving average of $7.65. The company has a market cap of $35.60 million, a P/E ratio of 13.85 and a beta of 0.73.

United-Guardian Announces Dividend

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

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of UG. Gamco Investors INC. ET AL grew its holdings in United-Guardian by 4.7% during the 3rd quarter. Gamco Investors INC. ET AL now owns 154,500 shares of the company’s stock worth $1,163,000 after acquiring an additional 7,000 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of United-Guardian by 1.6% during the first quarter. Dimensional Fund Advisors LP now owns 107,356 shares of the company’s stock worth $2,420,000 after purchasing an additional 1,694 shares during the period. Neuberger Berman Group LLC grew its stake in shares of United-Guardian by 66.6% in the first quarter. Neuberger Berman Group LLC now owns 93,340 shares of the company’s stock worth $2,123,000 after purchasing an additional 37,300 shares during the last quarter. Vanguard Group Inc. increased its holdings in United-Guardian by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 133,245 shares of the company’s stock valued at $959,000 after purchasing an additional 1,949 shares during the period. Finally, UBS Group AG raised its position in United-Guardian by 88.5% during the 2nd quarter. UBS Group AG now owns 33,291 shares of the company’s stock worth $499,000 after purchasing an additional 15,634 shares during the last quarter. 23.16% of the stock is currently owned by 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.