Unilever PLC (NYSE:UL) Shares Sold by XTX Topco Ltd

XTX Topco Ltd decreased its position in shares of Unilever PLC (NYSE:UL - Free Report) by 82.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,334 shares of the company's stock after selling 57,806 shares during the period. XTX Topco Ltd's holdings in Unilever were worth $734,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. N.E.W. Advisory Services LLC acquired a new position in shares of Unilever in the first quarter valued at approximately $30,000. Vermillion Wealth Management Inc. acquired a new position in shares of Unilever in the fourth quarter valued at approximately $30,000. Richardson Financial Services Inc. grew its holdings in Unilever by 209.0% during the first quarter. Richardson Financial Services Inc. now owns 618 shares of the company's stock worth $37,000 after acquiring an additional 418 shares during the period. Accredited Wealth Management LLC acquired a new position in Unilever during the fourth quarter worth $43,000. Finally, Greenline Partners LLC acquired a new position in Unilever during the fourth quarter worth $58,000. Institutional investors and hedge funds own 9.67% of the company's stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Wall Street Zen lowered Unilever from a "buy" rating to a "hold" rating in a report on Tuesday, May 6th. BNP Paribas raised Unilever to a "strong-buy" rating in a report on Thursday, May 29th. UBS Group raised Unilever from a "strong sell" rating to a "hold" rating in a report on Friday, May 2nd. Finally, BNP Paribas Exane initiated coverage on Unilever in a report on Thursday, May 29th. They set an "outperform" rating and a $73.00 price objective on the stock. One analyst has rated the stock with a sell rating, three have given a hold rating, three have issued a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $72.50.

Unilever Trading Down 0.5%

Unilever stock opened at $60.16 on Tuesday. The firm has a market capitalization of $147.60 billion, a P/E ratio of 17.24, a PEG ratio of 3.84 and a beta of 0.38. The stock has a fifty day moving average price of $61.50 and a 200 day moving average price of $60.32. 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 will be paid on Friday, September 12th. Investors of record on Friday, August 15th will be paid a $0.5175 dividend. The ex-dividend date is Friday, August 15th. This is an increase from Unilever's previous quarterly dividend of $0.52. This represents a $2.07 annualized dividend and a yield of 3.4%. Unilever's payout ratio is currently 59.03%.

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.

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