OLD Mission Capital LLC Acquires 62,306 Shares of Unilever PLC (NYSE:UL)

OLD Mission Capital LLC raised its stake in shares of Unilever PLC (NYSE:UL - Free Report) by 51.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 184,041 shares of the company's stock after purchasing an additional 62,306 shares during the quarter. OLD Mission Capital LLC's holdings in Unilever were worth $10,435,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Auxano Advisors LLC lifted its stake in Unilever by 1.7% during the fourth quarter. Auxano Advisors LLC now owns 30,840 shares of the company's stock worth $1,749,000 after purchasing an additional 522 shares during the period. Stonegate Investment Group LLC grew its position in Unilever by 155.2% during the 4th quarter. Stonegate Investment Group LLC now owns 8,415 shares of the company's stock worth $477,000 after acquiring an additional 5,117 shares during the last quarter. Oppenheimer Asset Management Inc. raised its position in Unilever by 1.5% in the 4th quarter. Oppenheimer Asset Management Inc. now owns 655,964 shares of the company's stock valued at $37,193,000 after purchasing an additional 9,528 shares during the last quarter. Choreo LLC raised its position in Unilever by 17.4% in the 4th quarter. Choreo LLC now owns 43,210 shares of the company's stock valued at $2,452,000 after purchasing an additional 6,404 shares during the last quarter. Finally, Oak Ridge Investments LLC grew its holdings in shares of Unilever by 5.5% during the fourth quarter. Oak Ridge Investments LLC now owns 115,946 shares of the company's stock worth $6,574,000 after purchasing an additional 6,092 shares during the last quarter. Institutional investors and hedge funds own 9.67% of the company's stock.

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Unilever Price Performance

Shares of Unilever stock traded up $2.74 on Thursday, hitting $62.60. 6,598,592 shares of the company's stock traded hands, compared to its average volume of 2,550,294. The firm's 50-day moving average price is $57.82 and its two-hundred day moving average price is $59.14. The stock has a market capitalization of $155.06 billion, a PE ratio of 17.94, a price-to-earnings-growth ratio of 1.60 and a beta of 0.42. Unilever PLC has a one year low of $46.46 and a one year high of $65.87.

Unilever Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, February 28th were issued a $0.4674 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $1.87 dividend on an annualized basis and a yield of 2.99%. Unilever's dividend payout ratio is presently 53.01%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on UL shares. Sanford C. Bernstein raised Unilever from a "hold" rating to a "strong-buy" rating in a report on Thursday, January 9th. DZ Bank upgraded shares of Unilever from a "hold" rating to a "buy" rating in a research report on Friday, February 21st. Royal Bank of Canada cut shares of Unilever from a "sector perform" rating to an "underperform" rating in a research note on Monday, January 6th. Finally, StockNews.com upgraded 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 issued a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average 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.