Griffin Asset Management Inc. decreased its holdings in shares of Unilever PLC (NYSE:UL – Get Rating) by 1.1% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 25,218 shares of the company’s stock after selling 290 shares during the period. Griffin Asset Management Inc.’s holdings in Unilever were worth $1,149,000 at the end of the most recent reporting period.
Several other institutional investors have also modified their holdings of the business. Invesco Ltd. grew its holdings in shares of Unilever by 12.0% in the 3rd quarter. Invesco Ltd. now owns 355,421 shares of the company’s stock valued at $19,271,000 after buying an additional 38,138 shares during the period. Thrivent Financial for Lutherans grew its holdings in shares of Unilever by 32.3% in the 3rd quarter. Thrivent Financial for Lutherans now owns 6,675 shares of the company’s stock valued at $362,000 after buying an additional 1,628 shares during the period. National Asset Management Inc. grew its holdings in shares of Unilever by 3.8% in the 3rd quarter. National Asset Management Inc. now owns 19,158 shares of the company’s stock valued at $1,039,000 after buying an additional 706 shares during the period. Chartwell Investment Partners LLC grew its holdings in shares of Unilever by 18.1% in the 3rd quarter. Chartwell Investment Partners LLC now owns 78,785 shares of the company’s stock valued at $4,272,000 after buying an additional 12,087 shares during the period. Finally, Rehmann Capital Advisory Group grew its holdings in shares of Unilever by 4.9% in the 3rd quarter. Rehmann Capital Advisory Group now owns 8,386 shares of the company’s stock valued at $455,000 after buying an additional 388 shares during the period. Institutional investors own 16.81% of the company’s stock.
Several equities analysts have recently issued reports on the stock. Sanford C. Bernstein raised shares of Unilever from an “underperform” rating to a “market perform” rating in a report on Monday, March 14th. The Goldman Sachs Group started coverage on shares of Unilever in a research note on Friday, February 25th. They issued a “neutral” rating for the company. Societe Generale lowered shares of Unilever from a “buy” rating to a “sell” rating in a research note on Monday, May 16th. Finally, StockNews.com lowered shares of Unilever from a “buy” rating to a “hold” rating in a research note on Friday, June 17th. Two analysts have rated the stock with a sell rating and five have given a hold rating to the company. According to MarketBeat.com, Unilever currently has a consensus rating of “Hold” and an average price target of $57.01.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 16th. Stockholders of record on Friday, May 20th were paid a dividend of $0.451 per share. The ex-dividend date was Thursday, May 19th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 4.07%.
About Unilever (Get Rating)
Unilever PLC operates as a fast-moving consumer goods company. It operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment provides skin care and hair care products, deodorants, and skin cleansing products. The Foods & Refreshment segment offers ice cream, soups, bouillons, seasonings, mayonnaise, ketchups, and tea categories.
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