Dean Capital Investments Management LLC acquired a new position in shares of Unity Biotechnology Inc (NASDAQ:UBX) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 36,036 shares of the company’s stock, valued at approximately $543,000.

Separately, Gilder Gagnon Howe & Co. LLC purchased a new position in shares of Unity Biotechnology in the 2nd quarter valued at about $301,000. Institutional investors and hedge funds own 9.04% of the company’s stock.

Shares of Unity Biotechnology opened at $15.75 on Friday, according to MarketBeat.com. Unity Biotechnology Inc has a 1 year low of $12.75 and a 1 year high of $20.48.

Unity Biotechnology (NASDAQ:UBX) last announced its quarterly earnings data on Thursday, June 7th. The company reported ($4.69) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.33) by ($4.36). equities analysts predict that Unity Biotechnology Inc will post -1.22 EPS for the current fiscal year.

UBX has been the subject of several recent research reports. Citigroup initiated coverage on Unity Biotechnology in a research note on Tuesday, May 29th. They issued a “buy” rating and a $32.00 price objective for the company. Goldman Sachs Group initiated coverage on Unity Biotechnology in a research note on Tuesday, May 29th. They issued a “neutral” rating and a $17.00 price objective for the company. Finally, Morgan Stanley initiated coverage on Unity Biotechnology in a research note on Tuesday, May 29th. They issued an “overweight” rating and a $25.00 price objective for the company.

About Unity Biotechnology

Unity Biotechnology, Inc, a preclinical biotechnology company, engages in the research and development of therapeutics to extend human health span. The company's lead drug candidates include UBX0101 for musculoskeletal disease with an initial focus on osteoarthritis; and UBX1967 for ophthalmologic diseases.

Further Reading: Stock Symbols, CUSIP and Other Stock Identifiers

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Institutional Ownership by Quarter for Unity Biotechnology (NASDAQ:UBX)

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