Marietta Wealth Management LLC increased its stake in Unilever plc (NYSE:UL) by 4.0% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 11,297 shares of the company’s stock after buying an additional 438 shares during the period. Marietta Wealth Management LLC’s holdings in Unilever plc were worth $557,000 at the end of the most recent reporting period.
Other large investors also recently added to or reduced their stakes in the company. Ingalls & Snyder LLC boosted its position in shares of Unilever plc by 4.3% in the first quarter. Ingalls & Snyder LLC now owns 365,845 shares of the company’s stock worth $18,051,000 after buying an additional 15,245 shares in the last quarter. Airain ltd raised its stake in Unilever plc by 199.3% in the first quarter. Airain ltd now owns 74,235 shares of the company’s stock worth $3,663,000 after buying an additional 49,432 shares during the last quarter. Eagle Global Advisors LLC bought a new stake in Unilever plc during the first quarter worth approximately $234,000. Cooke & Bieler LP raised its stake in Unilever plc by 0.5% in the first quarter. Cooke & Bieler LP now owns 96,877 shares of the company’s stock worth $4,780,000 after buying an additional 500 shares during the last quarter. Finally, HL Financial Services LLC raised its stake in Unilever plc by 0.6% in the first quarter. HL Financial Services LLC now owns 22,811 shares of the company’s stock worth $1,126,000 after buying an additional 132 shares during the last quarter. Institutional investors and hedge funds own 8.60% of the company’s stock.
Shares of Unilever plc (NYSE:UL) traded down 0.67% during midday trading on Friday, hitting $55.01. The company had a trading volume of 495,518 shares. Unilever plc has a one year low of $38.58 and a one year high of $55.45. The firm has a market cap of $156.21 billion, a price-to-earnings ratio of 27.71 and a beta of 0.82. The company’s 50 day moving average is $51.91 and its 200 day moving average is $45.44.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 7th. Investors of record on Friday, May 5th will be given a dividend of $0.383 per share. The ex-dividend date of this dividend is Wednesday, May 3rd. This is a positive change from Unilever plc’s previous quarterly dividend of $0.35. This represents a $1.53 dividend on an annualized basis and a yield of 2.77%.
A number of analysts recently commented on the company. Liberum Capital reaffirmed a “hold” rating on shares of Unilever plc in a research note on Monday, March 27th. Bank of America Corp raised Unilever plc from an “underperform” rating to a “neutral” rating in a research note on Monday, February 27th. ABN Amro lowered Unilever plc from a “hold” rating to a “sell” rating in a research note on Friday, March 31st. Barclays PLC raised Unilever plc from an “equal weight” rating to an “overweight” rating in a research note on Saturday, March 25th. Finally, Macquarie assumed coverage on Unilever plc in a research note on Friday, March 17th. They issued an “outperform” rating on the stock. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the stock. Unilever plc has a consensus rating of “Hold” and an average price target of $36.00.
Unilever plc Company Profile
Unilever PLC is a fast-moving consumer goods (FMCG) company. The Company’s segments include Personal Care, which primarily includes sales of skin care and hair care products, deodorants and oral care products; Foods, which primarily includes sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads; Home Care, which primarily includes sales of home care products, such as powders, liquids and capsules, soap bars and a range of cleaning products, and Refreshment, which primarily includes sales of ice cream and tea-based beverages.
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