Financial Counselors Inc. trimmed its position in shares of Unilever PLC (NYSE:UL) by 17.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 44,295 shares of the company’s stock after selling 9,680 shares during the quarter. Financial Counselors Inc.’s holdings in Unilever PLC were worth $2,397,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Mercer Capital Advisers Inc. lifted its holdings in shares of Unilever PLC by 2.6% during the 2nd quarter. Mercer Capital Advisers Inc. now owns 1,950 shares of the company’s stock valued at $106,000 after buying an additional 50 shares during the period. Hanson & Doremus Investment Management lifted its holdings in shares of Unilever PLC by 7.2% during the 2nd quarter. Hanson & Doremus Investment Management now owns 2,230 shares of the company’s stock valued at $121,000 after buying an additional 150 shares during the period. NEXT Financial Group Inc lifted its holdings in shares of Unilever PLC by 7.6% during the 2nd quarter. NEXT Financial Group Inc now owns 3,616 shares of the company’s stock valued at $196,000 after buying an additional 256 shares during the period. Northstar Group Inc. bought a new position in shares of Unilever PLC during the 2nd quarter valued at $211,000. Finally, Brookstone Capital Management bought a new position in shares of Unilever PLC during the 2nd quarter valued at $212,000. 7.28% of the stock is currently owned by hedge funds and other institutional investors.
Several equities analysts have recently weighed in on UL shares. Zacks Investment Research cut Unilever PLC from a “buy” rating to a “hold” rating in a report on Thursday, June 22nd. UBS AG reaffirmed a “neutral” rating on shares of Unilever PLC in a report on Monday, July 17th. J P Morgan Chase & Co reaffirmed a “neutral” rating on shares of Unilever PLC in a report on Thursday. Finally, Royal Bank Of Canada cut Unilever PLC from a “sector perform” rating to an “underperform” rating in a report on Friday, August 11th. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the stock. Unilever PLC currently has an average rating of “Hold” and a consensus target price of $46.00.
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Shares of Unilever PLC (NYSE UL) traded up 0.514% during trading on Monday, reaching $59.625. The company had a trading volume of 162,702 shares. The stock has a market capitalization of $167.70 billion, a price-to-earnings ratio of 25.084 and a beta of 0.88. The company’s 50 day moving average is $57.49 and its 200-day moving average is $53.40. Unilever PLC has a 1-year low of $38.58 and a 1-year high of $59.63.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 6th. Shareholders of record on Friday, August 4th were issued a $0.409 dividend. This represents a $1.64 annualized dividend and a yield of 2.76%. This is a positive change from Unilever PLC’s previous quarterly dividend of $0.38. The ex-dividend date of this dividend was Wednesday, August 2nd.
Unilever PLC Company Profile
Unilever PLC is a fast-moving consumer goods (FMCG) company. The Company’s segments include Personal Care, which primarily includes sales of skin care and hair care products, deodorants and oral care products; Foods, which primarily includes sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads; Home Care, which primarily includes sales of home care products, such as powders, liquids and capsules, soap bars and a range of cleaning products, and Refreshment, which primarily includes sales of ice cream and tea-based beverages.
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