GQG Partners LLC Has $368.34 Million Stake in Unilever PLC (NYSE:UL)

GQG Partners LLC decreased its position in Unilever PLC (NYSE:UL - Free Report) by 35.9% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 6,496,305 shares of the company's stock after selling 3,638,647 shares during the period. GQG Partners LLC owned about 0.26% of Unilever worth $368,340,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the company. Pinion Investment Advisors LLC boosted its stake in shares of Unilever by 2.0% during the 4th quarter. Pinion Investment Advisors LLC now owns 9,250 shares of the company's stock worth $524,000 after buying an additional 177 shares during the last quarter. Timber Creek Capital Management LLC raised its holdings in Unilever by 0.5% during the third quarter. Timber Creek Capital Management LLC now owns 39,530 shares of the company's stock worth $2,568,000 after acquiring an additional 182 shares in the last quarter. Farmers & Merchants Investments Inc. boosted its position in Unilever by 3.4% during the fourth quarter. Farmers & Merchants Investments Inc. now owns 5,646 shares of the company's stock valued at $320,000 after purchasing an additional 185 shares during the last quarter. Creative Financial Designs Inc. ADV grew its stake in Unilever by 6.7% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 2,966 shares of the company's stock valued at $168,000 after purchasing an additional 185 shares in the last quarter. Finally, Alhambra Investment Management LLC boosted its holdings in shares of Unilever by 4.2% in the 4th quarter. Alhambra Investment Management LLC now owns 4,586 shares of the company's stock valued at $260,000 after buying an additional 186 shares during the last quarter. Institutional investors and hedge funds own 9.67% of the company's stock.

Remove Ads

Analyst Upgrades and Downgrades

UL has been the topic of a number of research analyst reports. DZ Bank raised shares of Unilever from a "hold" rating to a "buy" rating in a report on Friday, February 21st. StockNews.com upgraded Unilever from a "hold" rating to a "buy" rating in a research note on Friday, March 7th. Sanford C. Bernstein upgraded Unilever from a "hold" rating to a "strong-buy" rating in a research note on Thursday, January 9th. Finally, Royal Bank of Canada cut Unilever from a "sector perform" rating to an "underperform" rating in a research note on Monday, January 6th. Two analysts have rated the stock with a sell rating, one has issued a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Unilever presently has an average rating of "Moderate Buy" and a consensus price target of $66.33.

Unilever Trading Up 0.9 %

UL stock traded up $0.51 during trading hours on Friday, hitting $59.18. 3,362,355 shares of the stock were exchanged, compared to its average volume of 2,531,628. 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 $146.60 billion, a P/E ratio of 16.96, a P/E/G ratio of 1.60 and a beta of 0.47. The company has a 50-day simple moving average of $57.61 and a two-hundred day simple moving average of $59.25.

Unilever Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, February 28th were issued a dividend of $0.4674 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $1.87 annualized dividend and a dividend yield of 3.16%. Unilever's dividend payout ratio is presently 53.01%.

Unilever 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.