Ativo Capital Management LLC Has $1.21 Million Stock Holdings in Unilever PLC $UL

Ativo Capital Management LLC lessened its stake in shares of Unilever PLC (NYSE:UL) by 2.5% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 19,786 shares of the company’s stock after selling 501 shares during the quarter. Ativo Capital Management LLC’s holdings in Unilever were worth $1,210,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Cornerstone Wealth Group LLC lifted its position in Unilever by 3.4% during the second quarter. Cornerstone Wealth Group LLC now owns 6,583 shares of the company’s stock worth $403,000 after acquiring an additional 217 shares during the last quarter. Sequoia Financial Advisors LLC lifted its holdings in Unilever by 32.3% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 46,975 shares of the company’s stock worth $2,873,000 after purchasing an additional 11,481 shares during the last quarter. Yousif Capital Management LLC lifted its holdings in shares of Unilever by 8.9% during the second quarter. Yousif Capital Management LLC now owns 27,663 shares of the company’s stock worth $1,692,000 after buying an additional 2,260 shares in the last quarter. CWM LLC lifted its holdings in shares of Unilever by 2.1% during the second quarter. CWM LLC now owns 114,396 shares of the company’s stock worth $6,998,000 after buying an additional 2,373 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC lifted its holdings in shares of Unilever by 22.4% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 96,568 shares of the company’s stock worth $5,908,000 after buying an additional 17,667 shares in the last quarter. 9.67% of the stock is currently owned by institutional investors and hedge funds.

Unilever Trading Down 0.5%

Shares of NYSE:UL opened at $60.11 on Tuesday. The firm has a 50 day moving average of $61.43 and a 200-day moving average of $61.65. The stock has a market capitalization of $147.49 billion, a PE ratio of 17.22, a PEG ratio of 4.53 and a beta of 0.40. Unilever PLC has a 12 month low of $54.32 and a 12 month high of $65.66.

Unilever Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 12th. Shareholders of record on Friday, August 15th were given a dividend of $0.5175 per share. This is an increase from Unilever’s previous quarterly dividend of $0.52. This represents a $2.07 annualized dividend and a yield of 3.4%. The ex-dividend date was Friday, August 15th. Unilever’s dividend payout ratio (DPR) is presently 59.31%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. CICC Research initiated coverage on Unilever in a report on Thursday, August 21st. They set an “outperform” rating for the company. Zacks Research upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, September 17th. Jefferies Financial Group reiterated an “underperform” rating on shares of Unilever in a research report on Sunday, August 3rd. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Unilever in a research report on Wednesday, October 8th. Three analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Unilever has an average rating of “Moderate Buy” and a consensus price target of $73.00.

Unilever 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.