Renaissance Technologies LLC Has $4.47 Million Holdings in United-Guardian, Inc. (UG)

Renaissance Technologies LLC grew its position in United-Guardian, Inc. (NASDAQ:UG) by 5.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 233,300 shares of the company’s stock after purchasing an additional 12,400 shares during the quarter. Renaissance Technologies LLC owned about 0.05% of United-Guardian worth $4,468,000 at the end of the most recent reporting period.

Separately, Acadian Asset Management LLC grew its holdings in United-Guardian by 371.4% in the second quarter. Acadian Asset Management LLC now owns 5,364 shares of the company’s stock worth $103,000 after purchasing an additional 4,226 shares during the last quarter. 24.13% of the stock is owned by hedge funds and other institutional investors.

Separately, ValuEngine lowered shares of United-Guardian from a “buy” rating to a “hold” rating in a report on Tuesday, September 18th.

Shares of UG opened at $17.33 on Wednesday. The firm has a market cap of $74.20 million, a PE ratio of 16.31 and a beta of -0.06. United-Guardian, Inc. has a 1-year low of $15.00 and a 1-year high of $21.33.

United-Guardian (NASDAQ:UG) last announced its quarterly earnings data on Wednesday, August 8th. The company reported $0.30 earnings per share for the quarter. The firm had revenue of $3.96 million for the quarter. United-Guardian had a net margin of 32.82% and a return on equity of 36.25%.

United-Guardian Company Profile

United-Guardian, Inc manufactures and markets cosmetic ingredients, personal care products, pharmaceuticals, medical lubricants, healthcare products, and specialty industrial products in the United States and internationally. It offers personal care products, including LUBRAJEL line of water-based moisturizing and lubricating gel formulations; LUBRAJEL II XD; ORCHID COMPLEX, an oil-soluble base for skin creams, lotions, cleansers, and other cosmetics; LUBRASLIDE and B-122 powdered lubricants for use in the manufacture of pressed powders, eyeliners, and rouges; KLENSOFT, a surfactant for use in shampoos, shower gels, makeup removers, and other cosmetic formulations; and LUBRASIL, a special form of LUBRAJEL in which silicone oil is incorporated into a LUBRAJEL base.

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