Jones Financial Companies Lllp Buys 11,620 Shares of Unilever PLC (NYSE:UL)

Jones Financial Companies Lllp grew its stake in Unilever PLC (NYSE:UL - Free Report) by 43.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,271 shares of the company's stock after purchasing an additional 11,620 shares during the quarter. Jones Financial Companies Lllp's holdings in Unilever were worth $2,170,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Timber Creek Capital Management LLC increased its position in Unilever by 0.5% during the 3rd quarter. Timber Creek Capital Management LLC now owns 39,530 shares of the company's stock worth $2,568,000 after buying an additional 182 shares during the period. Farmers & Merchants Investments Inc. boosted its holdings in Unilever by 3.4% in the 4th 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 period. Alhambra Investment Management LLC boosted its holdings in 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 purchasing an additional 186 shares during the period. Phillips Wealth Planners LLC boosted its holdings in Unilever by 2.2% in the 4th quarter. Phillips Wealth Planners LLC now owns 8,970 shares of the company's stock valued at $495,000 after purchasing an additional 193 shares during the period. Finally, Three Bridge Wealth Advisors LLC boosted its holdings in Unilever by 0.6% in the 4th quarter. Three Bridge Wealth Advisors LLC now owns 34,740 shares of the company's stock valued at $1,970,000 after purchasing an additional 198 shares during the period. 9.67% of the stock is owned by institutional investors.

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Unilever Stock Performance

Shares of Unilever stock traded up $0.99 during midday trading on Friday, hitting $59.24. 2,380,209 shares of the company traded hands, compared to its average volume of 2,527,166. The stock has a market cap of $146.99 billion, a price-to-earnings ratio of 16.97, a PEG ratio of 1.60 and a beta of 0.47. The firm's fifty day moving average price is $56.69 and its 200-day moving average price is $59.84. Unilever PLC has a 12 month low of $46.46 and a 12 month high of $65.87.

Unilever Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, February 28th will be paid a $0.4674 dividend. This represents a $1.87 dividend on an annualized basis and a dividend yield of 3.16%. The ex-dividend date is Friday, February 28th. Unilever's payout ratio is 53.01%.

Wall Street Analyst Weigh In

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