Grantham Mayo Van Otterloo & Co. LLC Has $16.79 Million Position in Unilever PLC (NYSE:UL)

Grantham Mayo Van Otterloo & Co. LLC lifted its holdings in Unilever PLC (NYSE:UL - Free Report) by 67.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 296,176 shares of the company's stock after purchasing an additional 119,438 shares during the quarter. Grantham Mayo Van Otterloo & Co. LLC's holdings in Unilever were worth $16,793,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Golden State Wealth Management LLC acquired a new stake in Unilever in the 4th quarter valued at $26,000. Financial Life Planners bought a new position in shares of Unilever in the 4th quarter valued at about $28,000. VSM Wealth Advisory LLC acquired a new stake in shares of Unilever in the fourth quarter valued at about $28,000. Roxbury Financial LLC bought a new stake in Unilever during the fourth quarter worth about $30,000. Finally, Mainstream Capital Management LLC acquired a new position in Unilever during the fourth quarter valued at approximately $31,000. Institutional investors and hedge funds own 9.67% of the company's stock.

Analyst Ratings Changes

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

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Unilever Price Performance

UL stock traded up $1.74 during midday trading on Friday, reaching $61.65. 2,078,392 shares of the company were exchanged, compared to its average volume of 2,607,855. Unilever PLC has a one year low of $46.46 and a one year high of $65.87. The firm has a market capitalization of $152.73 billion, a price-to-earnings ratio of 17.66, a price-to-earnings-growth ratio of 1.60 and a beta of 0.42. The business has a 50-day moving average price of $58.13 and a two-hundred day moving average price of $58.88.

Unilever Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, February 28th were issued a dividend of $0.4674 per share. This represents a $1.87 annualized dividend and a dividend yield of 3.03%. The ex-dividend date was Friday, February 28th. Unilever's payout ratio is 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.