HighPoint Advisor Group LLC lowered its holdings in shares of Unilever PLC (NYSE:UL - Free Report) by 48.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,202 shares of the company's stock after selling 8,562 shares during the quarter. HighPoint Advisor Group LLC's holdings in Unilever were worth $542,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also recently made changes to their positions in UL. Charles Schwab Investment Management Inc. raised its holdings in Unilever by 26.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 151,027 shares of the company's stock valued at $9,811,000 after buying an additional 31,186 shares during the period. BNP Paribas Financial Markets raised its stake in shares of Unilever by 1,515.0% in the third quarter. BNP Paribas Financial Markets now owns 57,090 shares of the company's stock valued at $3,709,000 after acquiring an additional 53,555 shares during the period. Benjamin Edwards Inc. purchased a new stake in shares of Unilever in the third quarter valued at $1,188,000. Hilltop Holdings Inc. boosted its stake in shares of Unilever by 42.7% during the 3rd quarter. Hilltop Holdings Inc. now owns 19,307 shares of the company's stock worth $1,254,000 after purchasing an additional 5,774 shares during the period. Finally, IHT Wealth Management LLC grew its holdings in Unilever by 49.9% during the 3rd quarter. IHT Wealth Management LLC now owns 16,781 shares of the company's stock valued at $1,088,000 after purchasing an additional 5,583 shares during the last quarter. 9.67% of the stock is currently owned by institutional investors.
Unilever Price Performance
Unilever stock traded down $2.39 during trading hours on Friday, reaching $60.16. The stock had a trading volume of 5,916,359 shares, compared to its average volume of 2,568,832. Unilever PLC has a 52 week low of $46.46 and a 52 week high of $65.87. The company has a market cap of $149.04 billion, a price-to-earnings ratio of 17.24, a PEG ratio of 1.60 and a beta of 0.42. The business's 50 day moving average price is $58.01 and its 200-day moving average price is $59.08.
Unilever Cuts Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, February 28th were paid a $0.4674 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $1.87 annualized dividend and a yield of 3.11%. Unilever's dividend payout ratio (DPR) is 53.01%.
Wall Street Analysts Forecast Growth
Several analysts have issued reports on UL shares. DZ Bank raised shares of Unilever from a "hold" rating to a "buy" rating in a research note on Friday, February 21st. Royal Bank of Canada cut Unilever from a "sector perform" rating to an "underperform" rating in a report on Monday, January 6th. StockNews.com upgraded Unilever from a "hold" rating to a "buy" rating in a research note on Friday, March 7th. Finally, Sanford C. Bernstein upgraded shares of Unilever from a "hold" rating to a "strong-buy" rating in a report on Thursday, January 9th. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Unilever currently has an average rating of "Moderate Buy" and a consensus target price of $66.33.
Check Out Our Latest Analysis on Unilever
Unilever Company Profile
(
Free Report)
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.
Further Reading
Before you consider Unilever, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Unilever wasn't on the list.
While Unilever currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
