Reliance Trust Co. of Delaware lowered its position in Unilever PLC (NYSE:UL) by 1.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,365 shares of the company’s stock after selling 137 shares during the period. Reliance Trust Co. of Delaware’s holdings in Unilever PLC were worth $615,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Carroll Financial Associates Inc. increased its stake in shares of Unilever PLC by 12.2% in the first quarter. Carroll Financial Associates Inc. now owns 2,374 shares of the company’s stock valued at $117,000 after buying an additional 258 shares during the period. Hartford Financial Management Inc. boosted its position in shares of Unilever PLC by 143.7% in the first quarter. Hartford Financial Management Inc. now owns 2,476 shares of the company’s stock worth $122,000 after buying an additional 1,460 shares during the last quarter. NEXT Financial Group Inc boosted its position in shares of Unilever PLC by 7.6% in the second quarter. NEXT Financial Group Inc now owns 3,616 shares of the company’s stock worth $196,000 after buying an additional 256 shares during the last quarter. West Coast Financial LLC bought a new position in shares of Unilever PLC during the first quarter worth about $200,000. Finally, Azimuth Capital Management LLC bought a new position in shares of Unilever PLC during the first quarter worth about $202,000. 8.41% of the stock is currently owned by institutional investors.
Unilever PLC (NYSE UL) traded up 0.09% during midday trading on Friday, hitting $56.74. The stock had a trading volume of 1,044,637 shares. The company’s 50 day moving average is $55.75 and its 200 day moving average is $51.23. The company has a market cap of $159.58 billion, a price-to-earnings ratio of 23.67 and a beta of 0.88. Unilever PLC has a 1-year low of $38.58 and a 1-year high of $57.65.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 6th. Shareholders of record on Friday, August 4th will be paid a $0.409 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 2.88%. This is a boost from Unilever PLC’s previous quarterly dividend of $0.38. The ex-dividend date of this dividend is Wednesday, August 2nd.
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UL has been the topic of a number of recent research reports. Zacks Investment Research cut Unilever PLC from a “buy” rating to a “hold” rating in a report on Thursday, June 22nd. Royal Bank Of Canada cut Unilever PLC from a “sector perform” rating to an “underperform” rating in a research report on Friday. Finally, UBS AG reissued a “neutral” rating on shares of Unilever PLC in a research report on Monday, July 17th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the company. Unilever PLC has an average rating of “Hold” and a consensus target price of $43.50.
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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