World Investment Advisors raised its holdings in shares of Unilever PLC (NYSE:UL - Free Report) by 14.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 80,490 shares of the company's stock after acquiring an additional 9,933 shares during the quarter. World Investment Advisors' holdings in Unilever were worth $4,793,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also recently made changes to their positions in UL. Brighton Jones LLC increased its position in shares of Unilever by 5.4% in the fourth quarter. Brighton Jones LLC now owns 10,572 shares of the company's stock worth $599,000 after purchasing an additional 539 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in Unilever by 11.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 168,093 shares of the company's stock valued at $9,531,000 after acquiring an additional 17,066 shares during the last quarter. Assetmark Inc. grew its holdings in shares of Unilever by 351.1% in the fourth quarter. Assetmark Inc. now owns 77,150 shares of the company's stock worth $4,374,000 after purchasing an additional 60,049 shares during the last quarter. Atria Investments Inc grew its holdings in shares of Unilever by 8.7% in the fourth quarter. Atria Investments Inc now owns 55,031 shares of the company's stock worth $3,120,000 after purchasing an additional 4,399 shares during the last quarter. Finally, Proficio Capital Partners LLC bought a new position in shares of Unilever in the fourth quarter worth approximately $210,000. Hedge funds and other institutional investors own 9.67% of the company's stock.
Unilever Trading Up 0.2%
Unilever stock traded up $0.13 on Friday, hitting $61.52. 991,909 shares of the stock traded hands, compared to its average volume of 2,496,586. The firm has a market cap of $151.01 billion, a P/E ratio of 17.63, a price-to-earnings-growth ratio of 3.81 and a beta of 0.41. The business's fifty day simple moving average is $62.59 and its 200 day simple moving average is $59.71. Unilever PLC has a 1 year low of $54.32 and a 1 year high of $65.87.
Unilever Increases Dividend
The company also recently disclosed 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. The ex-dividend date of this dividend was Friday, May 16th. This represents a $2.06 annualized dividend and a yield of 3.35%. This is a positive change from Unilever's previous quarterly dividend of $0.47. Unilever's dividend payout ratio (DPR) is currently 59.03%.
Wall Street Analyst Weigh In
Several research analysts have recently issued reports on UL shares. BNP Paribas Exane started coverage on shares of Unilever in a report on Thursday, May 29th. They issued an "outperform" rating and a $73.00 target price on the stock. Wall Street Zen cut shares of Unilever from a "buy" rating to a "hold" rating in a report on Tuesday, May 6th. UBS Group upgraded shares of Unilever from a "strong sell" rating to a "hold" rating in a report on Friday, May 2nd. Finally, BNP Paribas upgraded shares of Unilever to a "strong-buy" rating in a report on Thursday, May 29th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, four have issued a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $70.67.
Check Out Our Latest Report on Unilever
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 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.
