Free Trial

Unilever PLC (NYSE:UL) Shares Sold by Buffington Mohr McNeal

Unilever logo with Consumer Staples background

Buffington Mohr McNeal cut its stake in shares of Unilever PLC (NYSE:UL - Free Report) by 85.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,430 shares of the company's stock after selling 25,675 shares during the quarter. Buffington Mohr McNeal's holdings in Unilever were worth $264,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently made changes to their positions in the business. St. James Investment Company LLC increased its stake in shares of Unilever by 0.9% in the first quarter. St. James Investment Company LLC now owns 651,806 shares of the company's stock worth $38,815,000 after buying an additional 5,860 shares during the period. Smart Money Group LLC increased its position in Unilever by 31.7% during the 1st quarter. Smart Money Group LLC now owns 15,348 shares of the company's stock valued at $914,000 after purchasing an additional 3,690 shares during the period. Resonant Capital Advisors LLC increased its position in Unilever by 21.8% during the 1st quarter. Resonant Capital Advisors LLC now owns 6,764 shares of the company's stock valued at $403,000 after purchasing an additional 1,212 shares during the period. Novem Group increased its position in Unilever by 32.7% during the 1st quarter. Novem Group now owns 9,287 shares of the company's stock valued at $553,000 after purchasing an additional 2,286 shares during the period. Finally, Aaron Wealth Advisors LLC increased its position in Unilever by 3.2% during the 1st quarter. Aaron Wealth Advisors LLC now owns 19,581 shares of the company's stock valued at $1,166,000 after purchasing an additional 606 shares during the period. 9.67% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

UL has been the topic of a number of research analyst reports. BNP Paribas raised shares of Unilever to a "strong-buy" rating in a research report on Thursday, May 29th. UBS Group raised shares of Unilever from a "strong sell" rating to a "hold" rating in a research report on Friday, May 2nd. Wall Street Zen downgraded shares of Unilever from a "buy" rating to a "hold" rating in a research report on Tuesday, May 6th. Finally, BNP Paribas Exane assumed coverage on shares of 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 issued a hold rating, four have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $70.67.

Read Our Latest Stock Report on Unilever

Unilever Stock Up 0.2%

UL traded up $0.13 during trading on Thursday, reaching $61.52. The company had a trading volume of 991,909 shares, compared to its average volume of 2,492,131. The stock has a market cap of $151.01 billion, a P/E ratio of 17.63, a PEG ratio of 3.82 and a beta of 0.41. The business has a 50 day simple moving average of $62.65 and a 200-day simple moving average of $59.67. Unilever PLC has a 52 week low of $54.32 and a 52 week high of $65.87.

Unilever Increases Dividend

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

Featured Articles

Institutional Ownership by Quarter for Unilever (NYSE:UL)

Should You Invest $1,000 in Unilever Right Now?

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

Options Trading Made Easy - Download Now Cover

Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Cheap Growth Stocks Set to Explode This Summer
The Next NVIDIA? Quantum Computing Stocks Set for Explosive Growth
5 Stocks to BUY NOW in July 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines