Natixis Advisors LLC lifted its holdings in Unilever PLC (NYSE:UL - Free Report) by 0.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,309,586 shares of the company's stock after purchasing an additional 8,949 shares during the quarter. Natixis Advisors LLC owned 0.05% of Unilever worth $74,253,000 as of its most recent SEC filing.
Several other large investors have also added to or reduced their stakes in the business. Raymond James Financial Inc. bought a new stake in shares of Unilever during the 4th quarter worth approximately $176,806,000. Jennison Associates LLC raised its position in Unilever by 981.6% during the third quarter. Jennison Associates LLC now owns 2,076,169 shares of the company's stock worth $134,868,000 after acquiring an additional 1,884,216 shares in the last quarter. Fisher Asset Management LLC lifted its stake in Unilever by 7.3% in the fourth quarter. Fisher Asset Management LLC now owns 17,940,963 shares of the company's stock valued at $1,017,253,000 after acquiring an additional 1,214,563 shares during the last quarter. Citigroup Inc. grew its position in shares of Unilever by 493.4% in the 3rd quarter. Citigroup Inc. now owns 1,105,064 shares of the company's stock valued at $71,785,000 after acquiring an additional 918,841 shares during the period. Finally, Icon Wealth Advisors LLC increased its stake in shares of Unilever by 7,466.0% during the 3rd quarter. Icon Wealth Advisors LLC now owns 629,569 shares of the company's stock worth $40,897,000 after purchasing an additional 621,248 shares during the last quarter. Institutional investors and hedge funds own 9.67% of the company's stock.
Unilever Price Performance
NYSE UL traded up $0.34 on Thursday, reaching $59.26. The stock had a trading volume of 2,740,422 shares, compared to its average volume of 2,612,836. The company has a market cap of $147.04 billion, a P/E ratio of 16.98, a price-to-earnings-growth ratio of 1.60 and a beta of 0.47. The firm has a fifty day moving average of $57.15 and a two-hundred day moving average of $59.57. Unilever PLC has a 1-year low of $46.46 and a 1-year high of $65.87.
Unilever Cuts Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, February 28th will be paid a $0.4674 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $1.87 annualized dividend and a dividend yield of 3.16%. Unilever's dividend payout ratio (DPR) is presently 53.01%.
Analysts Set New Price Targets
A number of research firms recently commented on UL. DZ Bank upgraded Unilever from a "hold" rating to a "buy" rating in a report on Friday, February 21st. Sanford C. Bernstein upgraded Unilever from a "hold" rating to a "strong-buy" rating in a research note on Thursday, January 9th. Royal Bank of Canada cut Unilever from a "sector perform" rating to an "underperform" rating in a research note on Monday, January 6th. Finally, StockNews.com raised shares of Unilever from a "hold" rating to a "buy" rating in a research report on Friday, March 7th. Two research analysts have rated the stock with a sell rating, one has given a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $66.33.
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Unilever 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.
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