Naples Global Advisors LLC increased its stake in Unilever PLC (NYSE:UL) by 1.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 37,604 shares of the company’s stock after buying an additional 400 shares during the period. Naples Global Advisors LLC’s holdings in Unilever PLC were worth $2,035,000 as of its most recent filing with the SEC.
A number of other hedge funds have also added to or reduced their stakes in the stock. Moloney Securities Asset Management LLC increased its stake in Unilever PLC by 8.7% in the second quarter. Moloney Securities Asset Management LLC now owns 13,294 shares of the company’s stock valued at $719,000 after buying an additional 1,068 shares during the period. Wellington Shields Capital Management LLC purchased a new position in shares of Unilever PLC during the second quarter valued at about $227,000. Huntington National Bank boosted its position in shares of Unilever PLC by 6.9% in the second quarter. Huntington National Bank now owns 106,996 shares of the company’s stock valued at $5,790,000 after buying an additional 6,893 shares in the last quarter. Hemenway Trust Co LLC boosted its position in shares of Unilever PLC by 3.7% in the second quarter. Hemenway Trust Co LLC now owns 176,937 shares of the company’s stock valued at $9,576,000 after buying an additional 6,357 shares in the last quarter. Finally, Broderick Brian C boosted its position in shares of Unilever PLC by 8.8% in the second quarter. Broderick Brian C now owns 66,373 shares of the company’s stock valued at $3,593,000 after buying an additional 5,353 shares in the last quarter. Hedge funds and other institutional investors own 8.32% of the company’s stock.
Shares of Unilever PLC (NYSE UL) opened at 57.26 on Tuesday. Unilever PLC has a 52 week low of $38.58 and a 52 week high of $57.65. The firm has a market capitalization of $161.04 billion, a PE ratio of 23.89 and a beta of 0.88. The company has a 50-day moving average of $55.83 and a 200-day moving average of $51.48.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 6th. Investors of record on Friday, August 4th will be given a dividend of $0.409 per share. The ex-dividend date of this dividend is Wednesday, August 2nd. This is a boost from Unilever PLC’s previous quarterly dividend of $0.38. This represents a $1.64 annualized dividend and a yield of 2.86%.
UL has been the topic of several recent research reports. Zacks Investment Research cut shares of Unilever PLC from a “buy” rating to a “hold” rating in a research note on Thursday, June 22nd. Royal Bank Of Canada cut shares of Unilever PLC from a “sector perform” rating to an “underperform” rating in a research note on Friday. Finally, UBS AG reaffirmed a “neutral” rating on shares of Unilever PLC in a research note on Monday, July 17th. Three research 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 a consensus rating of “Hold” and an average price target 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.
Receive News & Ratings for Unilever PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unilever PLC and related companies with MarketBeat.com's FREE daily email newsletter.
