Cwm LLC decreased its stake in shares of Unilever PLC (NYSE:UL - Free Report) by 3.8% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 112,023 shares of the company's stock after selling 4,423 shares during the quarter. Cwm LLC's holdings in Unilever were worth $6,671,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors also recently modified their holdings of the company. Mission Wealth Management LP grew its position in Unilever by 1.4% in the 1st quarter. Mission Wealth Management LP now owns 11,497 shares of the company's stock valued at $685,000 after purchasing an additional 159 shares during the period. Essex Financial Services Inc. boosted its holdings in Unilever by 1.0% during the 1st quarter. Essex Financial Services Inc. now owns 16,246 shares of the company's stock worth $967,000 after acquiring an additional 168 shares during the last quarter. Cardinal Capital Management boosted its holdings in Unilever by 0.4% during the 1st quarter. Cardinal Capital Management now owns 39,953 shares of the company's stock worth $2,379,000 after acquiring an additional 176 shares during the last quarter. Tyler Stone Wealth Management boosted its holdings in Unilever by 2.8% during the 4th quarter. Tyler Stone Wealth Management now owns 6,576 shares of the company's stock worth $373,000 after acquiring an additional 180 shares during the last quarter. Finally, Ausdal Financial Partners Inc. boosted its holdings in Unilever by 1.9% during the 4th quarter. Ausdal Financial Partners Inc. now owns 9,956 shares of the company's stock worth $565,000 after acquiring an additional 181 shares during the last quarter. Institutional investors and hedge funds own 9.67% of the company's stock.
Unilever Stock Performance
Shares of NYSE:UL opened at $60.25 on Wednesday. The company's 50-day moving average is $62.24 and its 200 day moving average is $59.89. The company has a market capitalization of $147.89 billion, a P/E ratio of 17.26, a price-to-earnings-growth ratio of 3.87 and a beta of 0.41. Unilever PLC has a fifty-two week low of $54.32 and a fifty-two week high of $65.87.
Unilever Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, June 13th. Investors of record on Friday, May 16th were issued a $0.5151 dividend. This is an increase from Unilever's previous quarterly dividend of $0.47. This represents a $2.06 dividend on an annualized basis and a dividend yield of 3.42%. The ex-dividend date of this dividend was Friday, May 16th. Unilever's payout ratio is 59.03%.
Wall Street Analyst Weigh In
UL has been the topic of a number of analyst reports. BNP Paribas Exane initiated coverage on shares of Unilever in a report on Thursday, May 29th. They set an "outperform" rating and a $73.00 price objective on the stock. UBS Group raised shares of Unilever from a "strong sell" rating to a "hold" rating in a report on Friday, May 2nd. BNP Paribas raised shares of Unilever to a "strong-buy" rating in a report on Thursday, May 29th. Finally, Wall Street Zen cut Unilever from a "buy" rating to a "hold" rating in a research note on Tuesday, May 6th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $70.67.
Check Out Our Latest Research Report on UL
Unilever Company Profile
(
Free Report)
Unilever PLC operates as a fast-moving consumer goods company in the Asia Pacific, Africa, the Americas, and Europe. It operates through five segments: Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream. The Beauty & Wellbeing segment engages in the sale of hair care products, such as shampoo, conditioner, and styling; skin care products including face, hand, and body moisturizer; and prestige beauty and health & wellbeing products consist of the vitamins, minerals, and supplements.
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