United Capital Financial Advisors LLC Makes New Investment in United-Guardian, Inc. (NASDAQ:UG)

United Capital Financial Advisors LLC purchased a new stake in United-Guardian, Inc. (NASDAQ:UG) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 20,070 shares of the company’s stock, valued at approximately $192,000.

Several other institutional investors and hedge funds also recently made changes to their positions in UG. Heron Bay Capital Management bought a new stake in shares of United-Guardian in the fourth quarter worth $135,000. Geode Capital Management LLC increased its stake in United-Guardian by 10.3% in the 4th quarter. Geode Capital Management LLC now owns 31,264 shares of the company’s stock valued at $302,000 after buying an additional 2,929 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its position in United-Guardian by 4.3% during the 4th quarter. Renaissance Technologies LLC now owns 190,163 shares of the company’s stock worth $1,818,000 after buying an additional 7,800 shares in the last quarter. Institutional investors and hedge funds own 23.16% of the company’s stock.

United-Guardian Stock Down 1.6 %

Shares of United-Guardian stock opened at $8.40 on Wednesday. United-Guardian, Inc. has a 12-month low of $7.73 and a 12-month high of $16.25. The business’s 50 day moving average is $9.38 and its 200-day moving average is $10.42. The stock has a market cap of $38.59 million, a P/E ratio of 11.05 and a beta of 0.85.

United-Guardian (NASDAQ:UG) last announced its quarterly earnings results on Friday, March 21st. The company reported $0.11 EPS for the quarter. The firm had revenue of $2.48 million during the quarter. United-Guardian had a net margin of 28.30% and a return on equity of 30.25%.

United-Guardian Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Monday, February 10th were given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 16.67%. The ex-dividend date of this dividend was Monday, February 10th. United-Guardian’s dividend payout ratio (DPR) is presently 98.59%.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on United-Guardian in a report on Monday. They issued a “buy” rating for the company.

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.