Ritholtz Wealth Management trimmed its position in shares of Unilever PLC (NYSE:UL - Free Report) by 20.2% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 45,031 shares of the company's stock after selling 11,371 shares during the quarter. Ritholtz Wealth Management's holdings in Unilever were worth $2,553,000 as of its most recent filing with the SEC.
Other large investors have also recently made changes to their positions in the company. Axxcess Wealth Management LLC purchased a new position in Unilever in the 2nd quarter worth approximately $454,000. Bradley Foster & Sargent Inc. CT lifted its stake in shares of Unilever by 35.1% in the 2nd quarter. Bradley Foster & Sargent Inc. CT now owns 8,420 shares of the company's stock valued at $463,000 after purchasing an additional 2,189 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its position in shares of Unilever by 14.3% during the second quarter. Mercer Global Advisors Inc. ADV now owns 164,607 shares of the company's stock valued at $9,052,000 after acquiring an additional 20,643 shares during the last quarter. Vanguard Personalized Indexing Management LLC boosted its position in shares of Unilever by 20.0% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 63,106 shares of the company's stock worth $3,445,000 after buying an additional 10,512 shares during the period. Finally, WCG Wealth Advisors LLC increased its stake in Unilever by 13.0% during the second quarter. WCG Wealth Advisors LLC now owns 35,506 shares of the company's stock worth $1,953,000 after purchasing an additional 4,088 shares during the period. 9.67% of the stock is currently owned by hedge funds and other institutional investors.
Unilever Stock Up 0.4 %
NYSE:UL traded up $0.24 during trading hours on Friday, hitting $55.68. The stock had a trading volume of 3,801,419 shares, compared to its average volume of 2,047,655. The business has a 50 day simple moving average of $57.62 and a two-hundred day simple moving average of $60.28. Unilever PLC has a 1-year low of $46.46 and a 1-year high of $65.87.
Unilever Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Friday, November 8th were issued a $0.4755 dividend. The ex-dividend date of this dividend was Friday, November 8th. This represents a $1.90 dividend on an annualized basis and a yield of 3.42%. This is an increase from Unilever's previous quarterly dividend of $0.35.
Analyst Ratings Changes
Several brokerages have recently weighed in on UL. Erste Group Bank reissued a "hold" rating on shares of Unilever in a research report on Tuesday, November 19th. Royal Bank of Canada lowered shares of Unilever from a "sector perform" rating to an "underperform" rating in a research note on Monday, January 6th. StockNews.com downgraded shares of Unilever from a "buy" rating to a "hold" rating in a research note on Tuesday, November 12th. Finally, Sanford C. Bernstein upgraded Unilever from a "hold" rating to a "strong-buy" rating in a research report on Thursday, January 9th. Three equities research analysts have rated the stock with a sell rating, two have issued a hold rating, five have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, Unilever has an average rating of "Hold" and a consensus target price of $61.75.
Read Our Latest Analysis on Unilever
Unilever Company 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.
See Also
Before you consider Unilever, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Unilever wasn't on the list.
While Unilever currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
