Jarislowsky Fraser Ltd boosted its position in shares of Unilever PLC (NYSE:UL) by 14.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,567 shares of the company’s stock after buying an additional 957 shares during the period. Jarislowsky Fraser Ltd’s holdings in Unilever PLC were worth $409,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of UL. Hall Laurie J Trustee raised its position in Unilever PLC by 27.4% in the first quarter. Hall Laurie J Trustee now owns 13,060 shares of the company’s stock worth $641,000 after buying an additional 2,810 shares during the last quarter. Capstone Asset Management Co. raised its stake in Unilever PLC by 3.1% in the first quarter. Capstone Asset Management Co. now owns 128,637 shares of the company’s stock valued at $6,347,000 after buying an additional 3,840 shares in the last quarter. Murphy Capital Management Inc. raised its stake in Unilever PLC by 11.8% in the first quarter. Murphy Capital Management Inc. now owns 23,963 shares of the company’s stock valued at $1,182,000 after buying an additional 2,525 shares in the last quarter. Carroll Financial Associates Inc. raised its stake in 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 in the last quarter. Finally, Forte Capital LLC ADV raised its stake in Unilever PLC by 11.2% in the first quarter. Forte Capital LLC ADV now owns 19,455 shares of the company’s stock valued at $960,000 after buying an additional 1,960 shares in the last quarter. Institutional investors and hedge funds own 8.32% of the company’s stock.
Unilever PLC (NYSE:UL) opened at 57.26 on Tuesday. The company has a market capitalization of $161.04 billion, a P/E ratio of 23.89 and a beta of 0.88. Unilever PLC has a 12-month low of $38.58 and a 12-month high of $57.65. The stock’s 50 day moving average is $55.83 and its 200-day moving average is $51.48.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 6th. Shareholders of record on Friday, August 4th will be issued a $0.409 dividend. This is an increase from Unilever PLC’s previous quarterly dividend of $0.38. This represents a $1.64 annualized dividend and a dividend yield of 2.86%. The ex-dividend date is Wednesday, August 2nd.
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UL has been the topic of several research analyst reports. Zacks Investment Research lowered shares of Unilever PLC from a “buy” rating to a “hold” rating in a research report on Thursday, June 22nd. UBS AG restated a “neutral” rating on shares of Unilever PLC in a research report on Monday, July 17th. Finally, Royal Bank Of Canada lowered shares of Unilever PLC from a “sector perform” rating to an “underperform” rating in a research report on Friday. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $43.50.
About Unilever PLC
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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