Quantbot Technologies LP Purchases 16,855 Shares of Unilever PLC (NYSE:UL)

Quantbot Technologies LP raised its position in shares of Unilever PLC (NYSE:UL - Free Report) by 41.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 57,935 shares of the company's stock after acquiring an additional 16,855 shares during the quarter. Quantbot Technologies LP's holdings in Unilever were worth $3,285,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in UL. Golden State Wealth Management LLC bought a new stake in shares of Unilever during the fourth quarter valued at approximately $26,000. Financial Life Planners bought a new stake in shares of Unilever during the 4th quarter valued at $28,000. VSM Wealth Advisory LLC bought a new stake in shares of Unilever during the 4th quarter valued at $28,000. Roxbury Financial LLC purchased a new stake in shares of Unilever in the 4th quarter worth about $30,000. Finally, Mainstream Capital Management LLC bought a new position in shares of Unilever in the 4th quarter worth about $31,000. Hedge funds and other institutional investors own 9.67% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on UL shares. StockNews.com raised shares of Unilever from a "hold" rating to a "buy" rating in a research note on Friday, March 7th. DZ Bank upgraded Unilever from a "hold" rating to a "buy" rating in a research note 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. Finally, Royal Bank of Canada cut Unilever from a "sector perform" rating to an "underperform" rating in a research note on Monday, January 6th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $66.33.

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Unilever Stock Performance

Shares of UL traded up $0.08 on Wednesday, hitting $58.17. 2,286,328 shares of the stock traded hands, compared to its average volume of 2,497,610. The company has a market capitalization of $144.09 billion, a PE ratio of 16.67, a P/E/G ratio of 1.60 and a beta of 0.47. Unilever PLC has a one year low of $46.46 and a one year high of $65.87. The business has a 50 day simple moving average of $57.48 and a 200 day simple moving average of $59.34.

Unilever Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, February 28th will be issued a dividend of $0.4674 per share. This represents a $1.87 dividend on an annualized basis and a dividend yield of 3.21%. The ex-dividend date is Friday, February 28th. Unilever's payout ratio is presently 53.01%.

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.