Royal Bank of Canada increased its holdings in shares of Unilever PLC (NYSE:UL - Free Report) by 0.5% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 2,926,892 shares of the company's stock after purchasing an additional 14,083 shares during the period. Royal Bank of Canada owned approximately 0.12% of Unilever worth $165,955,000 at the end of the most recent reporting period.
Other large investors have also made changes to their positions in the company. Pinion Investment Advisors LLC raised its holdings in Unilever by 2.0% in the 4th quarter. Pinion Investment Advisors LLC now owns 9,250 shares of the company's stock valued at $524,000 after acquiring an additional 177 shares in the last quarter. Tyler Stone Wealth Management raised its holdings in Unilever by 2.8% in the 4th quarter. Tyler Stone Wealth Management now owns 6,576 shares of the company's stock valued at $373,000 after acquiring an additional 180 shares in the last quarter. Ausdal Financial Partners Inc. raised its holdings in shares of Unilever by 1.9% in the 4th quarter. Ausdal Financial Partners Inc. now owns 9,956 shares of the company's stock worth $565,000 after buying an additional 181 shares in the last quarter. Farmers & Merchants Investments Inc. raised its holdings in shares of Unilever by 3.4% in the 4th quarter. Farmers & Merchants Investments Inc. now owns 5,646 shares of the company's stock worth $320,000 after buying an additional 185 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV raised its holdings in shares of Unilever by 6.7% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 2,966 shares of the company's stock worth $168,000 after buying an additional 185 shares in the last quarter. Institutional investors and hedge funds own 9.67% of the company's stock.
Analyst Upgrades and Downgrades
A number of equities analysts have recently issued reports on UL shares. UBS Group raised Unilever from a "strong sell" rating to a "hold" rating in a report on Friday, May 2nd. Wall Street Zen cut Unilever from a "buy" rating to a "hold" rating in a report on Tuesday, May 6th. Finally, DZ Bank raised Unilever from a "hold" rating to a "buy" rating in a report on Friday, February 21st. One research analyst has rated the stock with a sell rating, three have issued a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Unilever has an average rating of "Moderate Buy" and an average price target of $69.50.
View Our Latest Analysis on Unilever
Unilever Trading Up 0.7%
NYSE UL traded up $0.46 during trading hours on Friday, reaching $63.77. 1,460,794 shares of the company's stock were exchanged, compared to its average volume of 2,514,953. The stock has a market cap of $156.73 billion, a PE ratio of 18.27, a price-to-earnings-growth ratio of 1.60 and a beta of 0.44. Unilever PLC has a one year low of $53.50 and a one year high of $65.87. The firm has a fifty day moving average of $61.50 and a 200-day moving average of $58.94.
Unilever Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 16th will be given a dividend of $0.5151 per share. The ex-dividend date of this dividend is Friday, May 16th. This is a positive change from Unilever's previous quarterly dividend of $0.47. This represents a $2.06 dividend on an annualized basis and a yield of 3.23%. Unilever's dividend payout ratio is 59.03%.
About Unilever
(
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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