United-Guardian (NASDAQ:UG) Announces Earnings Results

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

United-Guardian Stock Up 0.7%

Shares of UG traded up $0.05 during trading hours on Friday, reaching $7.29. The stock had a trading volume of 24,996 shares, compared to its average volume of 7,318. The firm has a 50-day moving average of $7.21 and a 200 day moving average of $6.91. United-Guardian has a 52 week low of $5.58 and a 52 week high of $8.77. The company has a market cap of $33.46 million, a P/E ratio of 14.02 and a beta of 0.95.

United-Guardian Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, August 4th. Stockholders of record on Tuesday, July 28th were issued 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 115.38%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised 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, According to MarketBeat.com, the stock currently has an average rating of “Hold”.

Institutional Investors Weigh In On United-Guardian

An institutional investor recently raised its stake in United-Guardian stock. Geode Capital Management LLC increased its stake in United-Guardian, Inc. (NASDAQ:UG) by 8.2% in the fourth quarter, according to the company in its most recent 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 approximately 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 currently owned by institutional investors and hedge funds.

United-Guardian Company Profile

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.