United-Guardian (NASDAQ:UG) Posts Earnings Results

United-Guardian (NASDAQ:UG) issued its earnings results on Friday. The company reported $0.16 earnings per share (EPS) for the quarter, Zacks reports. The firm had revenue of $3.11 million during the quarter. United-Guardian had a net margin of 21.62% and a return on equity of 21.40%.

United-Guardian Stock Up 0.7%

NASDAQ:UG opened at $7.29 on Friday. The stock has a market capitalization of $33.46 million, a PE ratio of 14.02 and a beta of 0.95. United-Guardian has a 52 week low of $5.58 and a 52 week high of $8.77. The stock’s 50-day moving average price is $7.22 and its 200-day moving average price is $6.91.

United-Guardian Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, August 4th. Investors of record on Tuesday, July 28th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Tuesday, July 28th. This represents a yield of 819.0%. United-Guardian’s dividend payout ratio is 115.38%.

Institutional Investors Weigh In On United-Guardian

An institutional investor recently raised its stake in United-Guardian stock. Renaissance Technologies LLC grew its position in United-Guardian, Inc. (NASDAQ:UG) by 1.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 186,645 shares of the company’s stock after acquiring an additional 1,882 shares during the quarter. Renaissance Technologies LLC owned about 4.07% of United-Guardian worth $1,150,000 as of its most recent SEC filing. Institutional investors own 23.16% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised United-Guardian from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, July 21st. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock currently 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.