CORDA Investment Management LLC. lowered its stake in shares of Unilever PLC (NYSE:UL - Free Report) by 1.0% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 816,782 shares of the company's stock after selling 8,336 shares during the quarter. Unilever accounts for 3.9% of CORDA Investment Management LLC.'s investment portfolio, making the stock its 3rd biggest position. CORDA Investment Management LLC.'s holdings in Unilever were worth $48,639,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also recently made changes to their positions in UL. Mission Wealth Management LP grew its holdings in shares of Unilever by 1.4% during 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 last quarter. Essex Financial Services Inc. grew its holdings in shares of Unilever by 1.0% during the 1st quarter. Essex Financial Services Inc. now owns 16,246 shares of the company's stock valued at $967,000 after purchasing an additional 168 shares during the last quarter. Cardinal Capital Management grew its holdings in shares of Unilever by 0.4% during the 1st quarter. Cardinal Capital Management now owns 39,953 shares of the company's stock valued at $2,379,000 after purchasing an additional 176 shares during the last quarter. Tyler Stone Wealth Management grew its holdings in shares of Unilever by 2.8% during the 4th quarter. Tyler Stone Wealth Management now owns 6,576 shares of the company's stock valued at $373,000 after purchasing an additional 180 shares during the last quarter. Finally, Ausdal Financial Partners Inc. grew its holdings in shares of Unilever by 1.9% during the 4th quarter. Ausdal Financial Partners Inc. now owns 9,956 shares of the company's stock valued at $565,000 after purchasing an additional 181 shares during the last quarter. Hedge funds and other institutional investors own 9.67% of the company's stock.
Analyst Upgrades and Downgrades
UL has been the topic of a number of recent analyst reports. UBS Group raised shares of Unilever from a "strong sell" rating to a "hold" rating in a report on Friday, May 2nd. BNP Paribas Exane initiated coverage on shares of Unilever in a report on Thursday, May 29th. They issued an "outperform" rating and a $73.00 price target on the stock. BNP Paribas raised shares of Unilever to a "strong-buy" rating in a report on Thursday, May 29th. Finally, Wall Street Zen lowered 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 assigned a hold rating, four have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $70.67.
View Our Latest Analysis on UL
Unilever Stock Up 1.0%
Shares of UL traded up $0.64 during trading hours on Thursday, reaching $61.44. 1,971,176 shares of the company traded hands, compared to its average volume of 2,487,327. The company's fifty day moving average price is $62.42 and its two-hundred day moving average price is $59.80. The company has a market capitalization of $150.80 billion, a price-to-earnings ratio of 17.60, a price-to-earnings-growth ratio of 3.86 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 business also recently announced a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Friday, May 16th were paid a dividend of $0.5151 per share. This is a positive change 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 dividend yield of 3.35%. Unilever's payout ratio is presently 59.03%.
Unilever 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.
Featured Stories
Before you consider Unilever, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Unilever wasn't on the list.
While Unilever currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
