Unilever PLC (NYSE:UL) Holdings Lowered by Mutual Advisors LLC

Mutual Advisors LLC lowered its stake in Unilever PLC (NYSE:UL - Free Report) by 12.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 61,493 shares of the company's stock after selling 8,442 shares during the quarter. Mutual Advisors LLC's holdings in Unilever were worth $3,851,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC lifted its holdings in shares of Unilever by 5.4% in the fourth quarter. Brighton Jones LLC now owns 10,572 shares of the company's stock valued at $599,000 after purchasing an additional 539 shares in the last quarter. Bank of New York Mellon Corp raised its position in Unilever by 4.2% during the fourth quarter. Bank of New York Mellon Corp now owns 701,859 shares of the company's stock valued at $39,795,000 after buying an additional 28,227 shares during the period. Jones Financial Companies Lllp lifted its stake in Unilever by 43.6% in the 4th quarter. Jones Financial Companies Lllp now owns 38,271 shares of the company's stock worth $2,170,000 after acquiring an additional 11,620 shares in the last quarter. Steward Partners Investment Advisory LLC boosted its position in Unilever by 35.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 70,571 shares of the company's stock worth $4,001,000 after acquiring an additional 18,282 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its position in Unilever by 11.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 168,093 shares of the company's stock worth $9,531,000 after acquiring an additional 17,066 shares during the period. Hedge funds and other institutional investors own 9.67% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on UL shares. BNP Paribas upgraded Unilever to a "strong-buy" rating in a report on Thursday, May 29th. BNP Paribas Exane initiated coverage on shares of Unilever in a research note on Thursday, May 29th. They issued an "outperform" rating and a $73.00 price objective on the stock. UBS Group upgraded shares of Unilever from a "strong sell" rating to a "hold" rating in a research report on Friday, May 2nd. Finally, Wall Street Zen cut shares of Unilever from a "buy" rating to a "hold" rating in a report on Tuesday, May 6th. One equities 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 issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Unilever currently has a consensus rating of "Moderate Buy" and a consensus target price of $70.67.

Unilever Stock Up 0.2%

Shares of UL opened at $61.52 on Friday. The firm has a market cap of $151.01 billion, a price-to-earnings ratio of 17.63, a price-to-earnings-growth ratio of 3.82 and a beta of 0.41. The company's fifty day moving average is $62.61 and its 200-day moving average is $59.69. Unilever PLC has a 12 month low of $54.32 and a 12 month high of $65.87.

Unilever Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 13th. Shareholders of record on Friday, May 16th were given a dividend of $0.5151 per share. This represents a $2.06 annualized dividend and a yield of 3.35%. This is an increase from Unilever's previous quarterly dividend of $0.47. The ex-dividend date was Friday, May 16th. Unilever's dividend payout ratio is presently 59.03%.

Unilever Company Profile

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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