Autumn Glory Partners LLC Trims Position in Unilever PLC $UL

Autumn Glory Partners LLC reduced its stake in Unilever PLC (NYSE:UL) by 2.1% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 64,463 shares of the company’s stock after selling 1,374 shares during the period. Unilever makes up 1.8% of Autumn Glory Partners LLC’s portfolio, making the stock its 8th largest holding. Autumn Glory Partners LLC’s holdings in Unilever were worth $3,943,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. N.E.W. Advisory Services LLC bought a new stake in Unilever in the 1st quarter valued at $30,000. Brentview Investment Management LLC bought a new stake in Unilever in the 1st quarter valued at $33,000. Richardson Financial Services Inc. increased its holdings in Unilever by 209.0% in the 1st quarter. Richardson Financial Services Inc. now owns 618 shares of the company’s stock valued at $37,000 after acquiring an additional 418 shares during the last quarter. Marshall & Sullivan Inc. WA purchased a new position in shares of Unilever in the 2nd quarter worth $55,000. Finally, Opal Wealth Advisors LLC purchased a new position in shares of Unilever in the 1st quarter worth $63,000. 9.67% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

UL has been the subject of a number of recent research reports. Weiss Ratings reissued a “buy (b)” rating on shares of Unilever in a research note on Saturday, September 27th. CICC Research initiated coverage on shares of Unilever in a research note on Thursday, August 21st. They issued an “outperform” rating for the company. Zacks Research raised shares of Unilever from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, September 17th. Finally, Jefferies Financial Group reissued an “underperform” rating on shares of Unilever in a research note on Sunday, August 3rd. Three research 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 given a Sell rating to the stock. Based on data from MarketBeat, Unilever has an average rating of “Moderate Buy” and a consensus target price of $73.00.

Unilever Trading Up 0.2%

Unilever stock opened at $59.04 on Monday. The firm has a 50-day moving average price of $61.46 and a 200-day moving average price of $61.62. The firm has a market capitalization of $144.85 billion, a PE ratio of 16.92, a price-to-earnings-growth ratio of 3.55 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 announced a quarterly dividend, which was paid on Friday, September 12th. Stockholders of record on Friday, August 15th were issued a $0.5175 dividend. This is a boost from Unilever’s previous quarterly dividend of $0.52. The ex-dividend date was Friday, August 15th. This represents a $2.07 annualized dividend and a dividend yield of 3.5%. Unilever’s dividend payout ratio (DPR) is 59.31%.

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.