Nichols & Pratt Advisers LLP MA reduced its equity stake in Unilever PLC (NYSE: UL – Get Rating) by 4.1% in the fourth quarter, according to its latest 13F filing with the SEC. The company owned his 89,725 shares of the company’s stock after selling his 3,795 shares during the period. Nichols & Pratt Advisers LLP MA’s Unilever holdings were worth $4,520,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently bought and sold shares. Range Financial Group LLC raised his 1.5% stake in Unilever in the fourth quarter. Range Financial Group LLC now owns 13,058 shares of the company worth $657,000 after purchasing an additional 196 of his shares during this period. Salvus Wealth Management LLC increased its Unilever stake by 1.8% in the fourth quarter. Salvus Wealth Management LLC now owns 11,485 shares of the company stock valued at $578,000 after purchasing an additional 200 shares during this period. Columbus Macro LLC increased his Unilever stake by 0.7% in the fourth quarter. After purchasing an additional 220 shares during this period, Columbus Macro LLC now owns 33,036 shares of the company stock valued at $1,663,000. Capstone Financial Advisors Inc. increased its Unilever stake by 0.9% in the third quarter. Capstone Financial Advisors Inc. now owns 24,924 shares worth $1,093,000 after purchasing an additional 229 shares during this period. Finally, Beutel Goodman & Co Ltd. increased its Unilever stake by 3.8% in the third quarter. Beutel Goodman & Co Ltd. now owns 6,255 shares of the company worth $274,000 after purchasing an additional 230 shares during this period. Hedge funds and other institutional investors own 10.06% of the company’s shares.
Wall Street Analyst Predicts Growth
UL has been the topic of many recent analyst reports. StockNews.com upgraded Unilever’s rating from ‘buy’ to ‘strong buy’ in its research notes on Saturday, April 15th. Sanford C. Bernstein downgraded Unilever’s rating from ‘market his performance’ to ‘underperform’ in a research note on Tuesday, Jan. 17. Two equity research analysts gave the company a sell rating, two hold ratings, two buy ratings, and one strong buy rating. Based on MarketBeat data, the current consensus rating for the stock is ‘Hold’, with a consensus target price of $46.00.
Unilever stock performance
UL’s share price climbed $0.24 in midday trading on Friday to reach $54.52. The company’s stock had a trading volume of 1,697,221 shares for him, and an average trading volume for him was 1,941,417 shares. His 50-day simple moving average for this stock is $51.34 and its 200-day simple moving average is $49.52. Unilever PLC has a one-year low of $42.44 and a one-year high of $54.75. The company has a market cap of $137.92 billion, a price/earnings ratio of 18.30 and a beta of 0.43.
Unilever increases dividend
The company recently announced a quarterly dividend, which was paid out on Tuesday, March 21st. Dividends of $0.4569 per share were paid to shareholders of record on Friday, February 24. The ex-dividend date for this dividend was Thursday, February 23. This represents his $1.83 dividend and his 3.35% dividend yield on an annualized basis. This is a positive change from Unilever’s previous quarterly dividend of $0.42. Unilever’s Dividend Payout Ratio (DPR) is currently 60.54%.
Unilever company profile
Unilever Plc manufactures and sells consumer goods. It operates through the Beauty & Wellbeing, Personal Care, Home Care, Nutrition and Ice Cream segments. The Beauty & Wellbeing segment offers hair care, skincare, prestige beauty, health & wellbeing. The Personal Care segment consists of sales of skin cleansing, deodorant and oral care products.
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