Unilever PLC (NYSE:UL) Shares Acquired by Princeton Global Asset Management LLC


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Princeton Global Asset Management LLC increased its holdings in Unilever PLC (NYSE:UL) by 9,781.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 27,669 shares of the company’s stock after buying an additional 27,389 shares during the period. Princeton Global Asset Management LLC’s holdings in Unilever were worth $1,670,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of UL. BlackRock Inc. boosted its holdings in shares of Unilever by 13,019.3% in the 4th quarter. BlackRock Inc. now owns 18,772,198 shares of the company’s stock valued at $1,133,090,000 after buying an additional 18,629,110 shares during the period. Coho Partners Ltd. acquired a new position in shares of Unilever in the 4th quarter valued at about $172,905,000. Schafer Cullen Capital Management Inc acquired a new position in Unilever during the 4th quarter valued at about $149,598,000. Scharf Investments LLC acquired a new position in Unilever during the 4th quarter valued at about $103,095,000. Finally, Everett Harris & Co. CA boosted its stake in Unilever by 218.0% during the 4th quarter. Everett Harris & Co. CA now owns 1,539,203 shares of the company’s stock valued at $92,906,000 after purchasing an additional 1,055,191 shares during the period.

Shares of UL stock traded up $0.88 during midday trading on Tuesday, reaching $55.19. 163,629 shares of the company were exchanged, compared to its average volume of 2,167,824. Unilever PLC has a 12 month low of $44.06 and a 12 month high of $63.89. The company has a market cap of $64.49 billion, a P/E ratio of 18.99, a PEG ratio of 4.19 and a beta of 0.44. The company’s 50 day moving average price is $57.95 and its two-hundred day moving average price is $59.75.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 17th. Shareholders of record on Friday, February 26th will be given a dividend of $0.5139 per share. This represents a $2.06 dividend on an annualized basis and a dividend yield of 3.72%. This is an increase from Unilever’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend is Thursday, February 25th. Unilever’s payout ratio is 63.99%.

Separately, Zacks Investment Research lowered shares of Unilever from a “hold” rating to a “sell” rating in a research note on Wednesday, February 10th. Six research analysts have rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company’s stock. Unilever presently has a consensus rating of “Hold” and a consensus price target of $57.00.

About Unilever

Unilever PLC, together with its subsidiaries, operates in the fast-moving consumer goods industry worldwide. It operates through three segments: Beauty & Personal Care, Foods & Refreshment, and Home Care. The Beauty & Personal Care segment offers skin care and hair care products, deodorants, and skin cleansing products under the Axe, Clear, Dove, Lifebuoy, Lux, Pond's, Rexona, Signal, Suave, Sunsilk, TRESemmé, and Vaseline brands.

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Institutional Ownership by Quarter for Unilever (NYSE:UL)

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