Unilever PLC (NYSE:UL) Shares Sold by Insigneo Advisory Services LLC

Insigneo Advisory Services LLC lowered its stake in shares of Unilever PLC (NYSE:UL - Free Report) by 43.0% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 9,118 shares of the company's stock after selling 6,877 shares during the period. Insigneo Advisory Services LLC's holdings in Unilever were worth $543,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Brighton Jones LLC boosted its holdings in Unilever by 5.4% in the 4th quarter. Brighton Jones LLC now owns 10,572 shares of the company's stock valued at $599,000 after purchasing an additional 539 shares during the last quarter. Vontobel Holding Ltd. lifted its holdings in Unilever by 3.1% in the fourth quarter. Vontobel Holding Ltd. now owns 17,628 shares of the company's stock valued at $1,000,000 after acquiring an additional 524 shares during the last quarter. J.W. Cole Advisors Inc. lifted its holdings in Unilever by 11.4% in the fourth quarter. J.W. Cole Advisors Inc. now owns 12,610 shares of the company's stock valued at $715,000 after acquiring an additional 1,286 shares during the last quarter. Sanctuary Advisors LLC lifted its holdings in Unilever by 7.9% in the fourth quarter. Sanctuary Advisors LLC now owns 112,789 shares of the company's stock valued at $6,576,000 after acquiring an additional 8,279 shares during the last quarter. Finally, Venturi Wealth Management LLC lifted its holdings in Unilever by 814.1% in the fourth quarter. Venturi Wealth Management LLC now owns 1,234 shares of the company's stock valued at $70,000 after acquiring an additional 1,099 shares during the last quarter. Institutional investors and hedge funds own 9.67% of the company's stock.

Unilever Stock Down 0.2%

Unilever stock opened at $62.10 on Thursday. The firm has a market cap of $152.43 billion, a PE ratio of 17.79, a price-to-earnings-growth ratio of 3.46 and a beta of 0.43. Unilever PLC has a 52-week low of $54.32 and a 52-week high of $65.87. The company's 50 day moving average is $62.95 and its two-hundred day moving average is $59.51.

Unilever Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Friday, May 16th were paid a $0.5151 dividend. This is a boost from Unilever's previous quarterly dividend of $0.47. This represents a $2.06 annualized dividend and a dividend yield of 3.32%. The ex-dividend date was Friday, May 16th. Unilever's dividend payout ratio (DPR) is presently 59.03%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on UL shares. BNP Paribas raised Unilever to a "strong-buy" rating in a research note on Thursday, May 29th. UBS Group raised Unilever from a "strong sell" rating to a "hold" rating in a research note on Friday, May 2nd. Wall Street Zen cut shares of Unilever from a "buy" rating to a "hold" rating in a research report on Tuesday, May 6th. 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. Finally, DZ Bank upgraded shares of Unilever from a "hold" rating to a "buy" rating in a report on Friday, February 21st. One analyst has rated the stock with a sell rating, three have issued a hold rating, four have issued a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $70.67.

Unilever 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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