Segall Bryant & Hamill LLC Has $13.02 Million Position in Unilever PLC (NYSE:UL)

Segall Bryant & Hamill LLC trimmed its holdings in shares of Unilever PLC (NYSE:UL - Free Report) by 12.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 218,567 shares of the company's stock after selling 29,714 shares during the period. Segall Bryant & Hamill LLC's holdings in Unilever were worth $13,016,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in UL. VSM Wealth Advisory LLC acquired a new position in Unilever during the fourth quarter valued at approximately $28,000. Vermillion Wealth Management Inc. acquired a new stake in shares of Unilever in the 4th quarter valued at about $30,000. Murphy & Mullick Capital Management Corp bought a new stake in shares of Unilever during the fourth quarter worth about $39,000. Accredited Wealth Management LLC purchased a new position in shares of Unilever during the fourth quarter valued at approximately $43,000. Finally, Greenline Partners LLC purchased a new position in shares of Unilever in the 4th quarter worth approximately $58,000. Institutional investors and hedge funds own 9.67% of the company's stock.

Unilever Stock Performance

Shares of NYSE:UL traded down $0.50 on Thursday, hitting $59.82. The company's stock had a trading volume of 2,230,787 shares, compared to its average volume of 2,482,205. The stock's 50-day moving average is $62.16 and its two-hundred day moving average is $59.89. The company has a market capitalization of $146.83 billion, a price-to-earnings ratio of 17.14, a price-to-earnings-growth ratio of 3.83 and a beta of 0.41. Unilever PLC has a 12 month low of $54.32 and a 12 month high of $65.87.

Unilever Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Investors of record on Friday, May 16th were given a dividend of $0.5151 per share. This is a boost from Unilever's previous quarterly dividend of $0.47. The ex-dividend date of this dividend was Friday, May 16th. This represents a $2.06 dividend on an annualized basis and a yield of 3.44%. Unilever's dividend payout ratio (DPR) is presently 59.03%.

Analyst Ratings Changes

UL has been the topic of several recent analyst reports. UBS Group upgraded shares of Unilever from a "strong sell" rating to a "hold" rating in a research note on Friday, May 2nd. BNP Paribas raised Unilever to a "strong-buy" rating in a report on Thursday, May 29th. Wall Street Zen downgraded Unilever from a "buy" rating to a "hold" rating in a research report on Tuesday, May 6th. Finally, BNP Paribas Exane started coverage on Unilever in a research report on Thursday, May 29th. They issued an "outperform" rating and a $73.00 target price on the stock. One analyst has rated the stock with a sell rating, three have given a hold rating, four have given a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, Unilever currently has a consensus rating of "Moderate Buy" and a consensus target price of $70.67.

About Unilever

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.