United-Guardian (NASDAQ:UG) Releases Quarterly Earnings Results

United-Guardian (NASDAQ:UG) announced its quarterly earnings results on Friday. The company reported $0.16 EPS for the quarter, Zacks reports. United-Guardian had a return on equity of 21.40% and a net margin of 21.62%.

United-Guardian Price Performance

Shares of UG stock traded up $0.05 during trading hours on Friday, reaching $7.29. 24,996 shares of the company were exchanged, compared to its average volume of 7,318. United-Guardian has a fifty-two week low of $5.58 and a fifty-two week high of $8.77. The stock’s fifty day moving average is $7.21 and its two-hundred day moving average is $6.91. The company has a market cap of $33.46 million, a price-to-earnings ratio of 14.02 and a beta of 0.95.

United-Guardian Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, August 4th. Shareholders of record on Tuesday, July 28th were paid a $0.30 dividend. The ex-dividend date of this dividend was Tuesday, July 28th. This represents a dividend yield of 819.0%. United-Guardian’s payout ratio is currently 115.38%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in United-Guardian stock. Geode Capital Management LLC raised its holdings in shares of United-Guardian, Inc. (NASDAQ:UG) by 8.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 35,560 shares of the company’s stock after purchasing an additional 2,691 shares during the period. Geode Capital Management LLC owned 0.77% of United-Guardian worth $219,000 as of its most recent filing with the Securities and Exchange Commission. 23.16% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded shares of United-Guardian from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, July 21st. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company has an average rating of “Hold”.

About United-Guardian

United-Guardian, Inc, headquartered in Hauppauge, New York, develops and supplies specialty ingredients and finished products for the personal care, cosmetic and esthetic markets. Its Specialty Ingredients segment offers antimicrobial preservatives, conditioning polymers, emulsifiers, UV filters and other functional actives that are incorporated into lotions, creams, shampoos and professional esthetic formulations.

The company’s Finished Products segment markets a range of skin and hair care items under the Guardian brand, providing private-label and contract manufacturing services to spas, salons and dermatology clinics.