Boston Private Wealth LLC Purchases 532 Shares of Unilever PLC (NYSE:UL)

Boston Private Wealth LLC grew its position in shares of Unilever PLC (NYSE:UL) by 4.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,044 shares of the company’s stock after buying an additional 532 shares during the quarter. Boston Private Wealth LLC’s holdings in Unilever were worth $729,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Moody National Bank Trust Division increased its stake in shares of Unilever by 1.3% in the 1st quarter. Moody National Bank Trust Division now owns 37,975 shares of the company’s stock worth $2,120,000 after purchasing an additional 504 shares in the last quarter. Sterling Investment Advisors Ltd. increased its stake in shares of Unilever by 9.9% in the 1st quarter. Sterling Investment Advisors Ltd. now owns 20,783 shares of the company’s stock worth $1,160,000 after purchasing an additional 1,878 shares in the last quarter. Natixis Advisors L.P. increased its stake in shares of Unilever by 4.6% in the 1st quarter. Natixis Advisors L.P. now owns 915,616 shares of the company’s stock worth $51,118,000 after purchasing an additional 40,491 shares in the last quarter. D.A. Davidson & CO. increased its stake in shares of Unilever by 265.5% in the 1st quarter. D.A. Davidson & CO. now owns 41,464 shares of the company’s stock worth $2,315,000 after purchasing an additional 30,120 shares in the last quarter. Finally, Guyasuta Investment Advisors Inc. purchased a new stake in shares of Unilever in the 4th quarter worth $31,211,000. 8.82% of the stock is currently owned by hedge funds and other institutional investors.

Shares of UL stock opened at $60.51 on Friday. Unilever PLC has a 52-week low of $51.98 and a 52-week high of $63.89. The stock has a market cap of $159.10 billion, a price-to-earnings ratio of 21.38, a PEG ratio of 5.08 and a beta of 0.47. The business has a fifty day simple moving average of $58.90.

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 10th. Shareholders of record on Friday, May 21st were paid a $0.5159 dividend. This represents a $2.06 dividend on an annualized basis and a yield of 3.41%. The ex-dividend date was Thursday, May 20th. This is a positive change from Unilever’s previous quarterly dividend of $0.51. Unilever’s dividend payout ratio is presently 72.08%.

Several equities research analysts have recently commented on the company. Zacks Investment Research upgraded Unilever from a “sell” rating to a “hold” rating in a research note on Tuesday, April 13th. Societe Generale reiterated a “sell” rating on shares of Unilever in a research note on Wednesday, April 14th. Four research analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $69.00.

Unilever Company Profile

Unilever PLC operates as a fast-moving consumer goods company in Asia, Africa, the Middle East, Turkey, Russia, Ukraine, Belarus, the Americas, and Europe. It operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment provides skin care and hair care products, deodorants, and skin cleansing products under the Axe, Clear, Dove, Lifebuoy, Lux, Pond's, Rexona, Signal, Suave, Sunsilk, TRESemmé, and Vaseline brands.

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Institutional Ownership by Quarter for Unilever (NYSE:UL)

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