XML Financial LLC trimmed its holdings in Unilever PLC (NYSE:UL - Free Report) by 4.8% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 124,557 shares of the company's stock after selling 6,268 shares during the period. XML Financial LLC's holdings in Unilever were worth $7,417,000 as of its most recent SEC filing.
Several other large investors also recently added to or reduced their stakes in UL. Brighton Jones LLC grew its position in 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 acquiring an additional 539 shares in the last quarter. Venturi Wealth Management LLC grew its position in Unilever by 814.1% in the fourth quarter. Venturi Wealth Management LLC now owns 1,234 shares of the company's stock worth $70,000 after acquiring an additional 1,099 shares in the last quarter. Private Advisor Group LLC grew its position in Unilever by 3.4% in the fourth quarter. Private Advisor Group LLC now owns 64,935 shares of the company's stock worth $3,682,000 after acquiring an additional 2,116 shares in the last quarter. Ieq Capital LLC grew its position in Unilever by 15.7% in the fourth quarter. Ieq Capital LLC now owns 13,946 shares of the company's stock worth $791,000 after acquiring an additional 1,891 shares in the last quarter. Finally, Transcend Capital Advisors LLC lifted its stake in shares of Unilever by 2.5% in the fourth quarter. Transcend Capital Advisors LLC now owns 11,485 shares of the company's stock worth $651,000 after buying an additional 283 shares during the last quarter. 9.67% of the stock is owned by institutional investors.
Analysts Set New Price Targets
A number of brokerages have recently weighed in on UL. BNP Paribas upgraded shares of Unilever to a "strong-buy" rating in a research note on Thursday, May 29th. Wall Street Zen cut shares of Unilever from a "buy" rating to a "hold" rating in a research note on Tuesday, May 6th. UBS Group upgraded shares of Unilever from a "strong sell" rating to a "hold" rating in a research note on Friday, May 2nd. Finally, BNP Paribas Exane began coverage on shares of Unilever in a research note on Thursday, May 29th. They issued an "outperform" rating and a $73.00 price objective for the company. One research analyst has rated the stock with a sell rating, three have given a hold rating, four have given a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $70.67.
Check Out Our Latest Analysis on Unilever
Unilever Price Performance
NYSE:UL opened at $61.17 on Monday. The stock has a market cap of $150.14 billion, a P/E ratio of 17.53, a PEG ratio of 3.41 and a beta of 0.43. Unilever PLC has a one year low of $54.32 and a one year high of $65.87. The company has a fifty day moving average price of $62.98 and a 200 day moving average price of $59.54.
Unilever Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, June 13th. Investors of record on Friday, May 16th were paid a dividend of $0.5151 per share. This is a boost from Unilever's previous quarterly dividend of $0.47. This represents a $2.06 annualized dividend and a yield of 3.37%. The ex-dividend date of this dividend was Friday, May 16th. Unilever's dividend payout ratio is presently 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.
Further Reading
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