Baker Chad R Has $3.13 Million Holdings in Unilever PLC $UL

Key Points

• Baker Chad R increased its stake in Unilever by 58.3% in Q4, owning 47,657 shares valued at about $3.13 million after adding 17,552 shares.
• Unilever reported a significant earnings miss—$0.75 EPS vs. $1.75 expected and revenue of $11.87 billion vs. $31.39 billion consensus—and its shares have traded down to around $59.80, near the one‑year low.
• The company declared a quarterly dividend of $0.5547 (annualized $2.22, ~3.7% yield), while analysts maintain an average rating of Hold with an average price target of $65.55.

Baker Chad R raised its holdings in shares of Unilever PLC (NYSE:UL - Free Report) by 58.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,657 shares of the company's stock after acquiring an additional 17,552 shares during the quarter. Baker Chad R's holdings in Unilever were worth $3,127,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Palisade Asset Management LLC purchased a new stake in Unilever in the 3rd quarter worth approximately $25,000. Asset Dedication LLC grew its holdings in shares of Unilever by 108.8% during the 3rd quarter. Asset Dedication LLC now owns 476 shares of the company's stock valued at $28,000 after acquiring an additional 248 shares in the last quarter. Global Wealth Strategies & Associates acquired a new position in shares of Unilever in the fourth quarter worth $29,000. FNY Investment Advisers LLC acquired a new position in shares of Unilever in the third quarter worth $29,000. Finally, GPS Wealth Strategies Group LLC raised its holdings in shares of Unilever by 141.3% during the third quarter. GPS Wealth Strategies Group LLC now owns 514 shares of the company's stock worth $30,000 after acquiring an additional 301 shares in the last quarter. 9.67% of the stock is owned by hedge funds and other institutional investors.

Unilever Trading Down 1.6%

Shares of UL opened at $59.80 on Friday. Unilever PLC has a one year low of $59.75 and a one year high of $74.97. The company's fifty day moving average price is $68.19 and its 200 day moving average price is $67.53.

Unilever (NYSE:UL - Get Free Report) last released its quarterly earnings results on Thursday, February 12th. The company reported $0.75 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.75 by ($1.00). The business had revenue of $11.87 billion for the quarter, compared to the consensus estimate of $31.39 billion. As a group, equities analysts predict that Unilever PLC will post 3.27 EPS for the current year.

Unilever Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 10th. Shareholders of record on Friday, February 27th will be issued a $0.5547 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a $2.22 dividend on an annualized basis and a yield of 3.7%.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on UL. DZ Bank cut Unilever from a "buy" rating to a "hold" rating in a research report on Wednesday, February 18th. UBS Group reaffirmed a "sell" rating on shares of Unilever in a research note on Wednesday, December 10th. Deutsche Bank Aktiengesellschaft lowered Unilever from a "buy" rating to a "hold" rating in a report on Monday, February 9th. Morgan Stanley set a $60.10 price target on Unilever and gave the company an "overweight" rating in a research note on Monday, December 15th. Finally, BNP Paribas Exane set a $71.00 price objective on Unilever and gave the stock a "neutral" rating in a report on Thursday, January 8th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Unilever presently has an average rating of "Hold" and an average price target of $65.55.

About Unilever

Unilever PLC is a global consumer goods company with roots dating back to the early 20th century, formed from the merger of the British firm Lever Brothers and the Dutch company Margarine Unie. The company develops, manufactures and markets a broad portfolio of branded products in personal care, home care and foods and refreshments. Unilever's corporate structure and listings reflect its long history in both the United Kingdom and the Netherlands, and it operates at scale across diverse consumer markets worldwide.

Unilever's business is organized around major product categories—Beauty & Personal Care, Home Care and Foods & Refreshment—and includes numerous well-known consumer brands across those categories.

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