United-Guardian (NASDAQ:UG) Earns Buy Rating from Analysts at StockNews.com

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

United-Guardian Stock Up 1.5 %

Shares of UG stock opened at $10.62 on Thursday. The business’s fifty day moving average is $9.63 and its 200 day moving average is $8.62. United-Guardian has a twelve month low of $5.79 and a twelve month high of $12.50.

United-Guardian (NASDAQ:UG) last issued its quarterly earnings results on Friday, May 10th. The company reported $0.20 earnings per share for the quarter. The company had revenue of $3.26 million for the quarter. United-Guardian had a return on equity of 25.18% and a net margin of 23.77%.

United-Guardian Increases Dividend

The company also recently declared a Semi-Annual dividend, which will be paid on Wednesday, July 31st. Investors of record on Tuesday, July 23rd will be paid a $0.35 dividend. This represents a yield of 6.1%. This is a boost from United-Guardian’s previous Semi-Annual dividend of $0.10. The ex-dividend date of this dividend is Tuesday, July 23rd. United-Guardian’s dividend payout ratio is presently 116.67%.

Institutional Investors Weigh In On United-Guardian

A hedge fund recently raised its stake in United-Guardian stock. Rodgers Brothers Inc. grew its stake in United-Guardian, Inc. (NASDAQ:UG) by 5.0% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 100,100 shares of the company’s stock after acquiring an additional 4,750 shares during the quarter. Rodgers Brothers Inc. owned 2.18% of United-Guardian worth $766,000 at the end of the most recent quarter. Institutional investors own 23.16% of the company’s stock.

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.