Northern Trust Corp Purchases 10,466 Shares of United-Guardian, Inc. (NASDAQ:UG)

Northern Trust Corp boosted its position in shares of United-Guardian, Inc. (NASDAQ:UG) by 69.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,527 shares of the company’s stock after acquiring an additional 10,466 shares during the period. Northern Trust Corp owned 0.56% of United-Guardian worth $244,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Renaissance Technologies LLC grew its stake in shares of United-Guardian by 4.3% in the fourth quarter. Renaissance Technologies LLC now owns 190,163 shares of the company’s stock worth $1,818,000 after acquiring an additional 7,800 shares during the last quarter. Geode Capital Management LLC boosted its holdings 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 purchasing an additional 2,929 shares during the period. United Capital Financial Advisors LLC acquired a new stake in United-Guardian in the 4th quarter worth $192,000. Finally, Heron Bay Capital Management acquired a new stake in United-Guardian in the 4th quarter worth $135,000. 23.16% of the stock is currently owned by institutional investors.

United-Guardian Stock Performance

Shares of UG opened at $8.39 on Tuesday. The business’s fifty day moving average price is $8.35 and its two-hundred day moving average price is $9.51. The firm has a market capitalization of $38.54 million, a price-to-earnings ratio of 11.04 and a beta of 0.95. United-Guardian, Inc. has a 52 week low of $7.73 and a 52 week high of $16.25.

United-Guardian (NASDAQ:UG) last announced its quarterly earnings data on Thursday, May 8th. The company reported $0.12 earnings per share (EPS) for the quarter. The firm had revenue of $2.48 million for the quarter. United-Guardian had a net margin of 28.30% and a return on equity of 30.25%.

Analyst Ratings Changes

Separately, Wall Street Zen began coverage on shares of United-Guardian in a research note on Thursday, May 15th. They set a “buy” rating on the stock.

United-Guardian Company Profile

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.