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

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

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. United Capital Financial Advisors LLC acquired a new position in United-Guardian in the 4th quarter worth about $192,000. Heron Bay Capital Management bought a new position in United-Guardian in the 4th quarter valued at approximately $135,000. Renaissance Technologies LLC raised its holdings in United-Guardian by 4.3% in the 4th quarter. Renaissance Technologies LLC now owns 190,163 shares of the company’s stock valued at $1,818,000 after buying an additional 7,800 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in United-Guardian by 10.3% during the 4th quarter. Geode Capital Management LLC now owns 31,264 shares of the company’s stock worth $302,000 after buying an additional 2,929 shares during the period. Institutional investors own 23.16% of the company’s stock.

United-Guardian Stock Up 1.1%

NASDAQ UG opened at $8.39 on Tuesday. The company 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 twelve month low of $7.73 and a twelve month high of $16.25. The stock has a fifty day simple moving average of $8.35 and a 200 day simple moving average of $9.51.

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

Analyst Upgrades and Downgrades

Separately, Wall Street Zen initiated coverage on shares of United-Guardian in a research report on Thursday, May 15th. They issued a “buy” rating for the company.

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.