Mar Vista Investment Partners LLC Has $31.82 Million Stock Holdings in Unilever PLC (NYSE:UL)

Mar Vista Investment Partners LLC increased its stake in Unilever PLC (NYSE:UL - Free Report) by 31.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 561,274 shares of the company's stock after purchasing an additional 133,147 shares during the quarter. Unilever makes up 2.2% of Mar Vista Investment Partners LLC's investment portfolio, making the stock its 24th largest holding. Mar Vista Investment Partners LLC's holdings in Unilever were worth $31,824,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of UL. Golden State Wealth Management LLC acquired a new stake in Unilever during the 4th quarter worth about $26,000. Financial Life Planners acquired a new position in shares of Unilever in the fourth quarter worth $28,000. VSM Wealth Advisory LLC purchased a new stake in shares of Unilever during the fourth quarter worth $28,000. Roxbury Financial LLC purchased a new position in Unilever in the fourth quarter valued at about $30,000. Finally, Mainstream Capital Management LLC bought a new position in Unilever during the fourth quarter valued at approximately $31,000. 9.67% of the stock is owned by hedge funds and other institutional investors.

Unilever Price Performance

UL opened at $65.48 on Wednesday. Unilever PLC has a fifty-two week low of $47.80 and a fifty-two week high of $65.87. The company has a market capitalization of $162.21 billion, a P/E ratio of 18.76, a P/E/G ratio of 1.60 and a beta of 0.42. The firm's fifty day moving average price is $58.96 and its two-hundred day moving average price is $58.81.

Unilever Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, February 28th were given a $0.4674 dividend. This represents a $1.87 dividend on an annualized basis and a yield of 2.86%. The ex-dividend date was Friday, February 28th. Unilever's dividend payout ratio (DPR) is 53.01%.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the stock. DZ Bank upgraded shares of Unilever from a "hold" rating to a "buy" rating in a report on Friday, February 21st. StockNews.com cut Unilever from a "buy" rating to a "hold" rating in a research report on Friday, April 18th. Royal Bank of Canada lowered Unilever from a "sector perform" rating to an "underperform" rating in a report on Monday, January 6th. Finally, Sanford C. Bernstein upgraded Unilever from a "hold" rating to a "strong-buy" rating in a research note on Thursday, January 9th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Unilever has a consensus rating of "Moderate Buy" and a consensus price target of $66.33.

About Unilever

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.

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