XTX Topco Ltd Acquires 20,795 Shares of Unilever PLC (NYSE:UL)

XTX Topco Ltd increased its position in shares of Unilever PLC (NYSE:UL - Free Report) by 42.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 70,140 shares of the company's stock after acquiring an additional 20,795 shares during the period. Unilever comprises approximately 0.3% of XTX Topco Ltd's portfolio, making the stock its 21st biggest holding. XTX Topco Ltd's holdings in Unilever were worth $3,977,000 as of its most recent filing with the Securities and Exchange Commission.

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

Unilever Trading Up 2.0 %

Shares of NYSE UL traded up $1.22 during mid-day trading on Friday, hitting $63.79. The company had a trading volume of 3,154,031 shares, compared to its average volume of 2,594,706. The company has a market capitalization of $158.03 billion, a PE ratio of 18.28, a price-to-earnings-growth ratio of 1.60 and a beta of 0.42. Unilever PLC has a one year low of $47.02 and a one year high of $65.87. The firm has a 50-day simple moving average of $58.67 and a two-hundred day simple moving average of $58.82.

Unilever Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, February 28th were paid a $0.4674 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $1.87 annualized dividend and a dividend yield of 2.93%. Unilever's dividend payout ratio is presently 53.01%.

Analysts Set New Price Targets

UL has been the subject of a number of research analyst reports. StockNews.com lowered shares of Unilever from a "buy" rating to a "hold" rating in a research report on Friday. Sanford C. Bernstein raised shares of Unilever from a "hold" rating to a "strong-buy" rating in a report on Thursday, January 9th. DZ Bank raised Unilever from a "hold" rating to a "buy" rating in a report on Friday, February 21st. Finally, Royal Bank of Canada downgraded Unilever from a "sector perform" rating to an "underperform" rating in a research report on Monday, January 6th. Two analysts have rated the stock with a sell rating, two have given a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Unilever currently has an average rating of "Moderate Buy" and a consensus 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.