Aigen Investment Management LP Makes New Investment in Unilever PLC (NYSE:UL)

Aigen Investment Management LP purchased a new position in Unilever PLC (NYSE:UL) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 19,839 shares of the company’s stock, valued at approximately $1,125,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Golden State Wealth Management LLC purchased a new position in Unilever in the 4th quarter worth approximately $26,000. Financial Life Planners purchased a new stake in shares of Unilever in the 4th quarter valued at $28,000. Roxbury Financial LLC purchased a new stake in shares of Unilever in the 4th quarter valued at $30,000. Mainstream Capital Management LLC purchased a new stake in shares of Unilever in the 4th quarter valued at $31,000. Finally, Newbridge Financial Services Group Inc. purchased a new stake in shares of Unilever in the 4th quarter valued at $36,000. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Unilever Trading Up 0.6 %

Shares of NYSE UL opened at $58.38 on Thursday. Unilever PLC has a 12 month low of $46.46 and a 12 month high of $65.87. The firm has a market capitalization of $144.85 billion, a PE ratio of 16.73, a price-to-earnings-growth ratio of 1.60 and a beta of 0.47. The firm has a fifty day simple moving average of $56.64 and a two-hundred day simple moving average of $59.86.

Unilever Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, February 28th will be issued a $0.4674 dividend. The ex-dividend date is Friday, February 28th. This represents a $1.87 annualized dividend and a yield of 3.20%. Unilever’s dividend payout ratio (DPR) is presently 53.01%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Erste Group Bank reaffirmed a “hold” rating on shares of Unilever in a research note on Tuesday, November 19th. StockNews.com cut shares of Unilever from a “buy” rating to a “hold” rating in a research note on Wednesday, February 26th. Sanford C. Bernstein raised shares of Unilever from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 9th. DZ Bank upgraded shares of Unilever from a “hold” rating to a “buy” rating in a report on Friday, February 21st. Finally, Royal Bank of Canada lowered shares of Unilever from a “sector perform” rating to an “underperform” rating in a report on Monday, January 6th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $66.33.

Unilever Company Profile

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.