Forward Management LLC Has $3.38 Million Stake in Unilever PLC (UL)
Forward Management LLC lifted its holdings in shares of Unilever PLC (NYSE:UL) by 32.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 58,354 shares of the company’s stock after purchasing an additional 14,148 shares during the quarter. Forward Management LLC’s holdings in Unilever PLC were worth $3,382,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also made changes to their positions in the company. FMR LLC boosted its holdings in shares of Unilever PLC by 988.1% during the 1st quarter. FMR LLC now owns 175,445 shares of the company’s stock worth $8,657,000 after buying an additional 159,321 shares during the period. Teachers Advisors LLC boosted its holdings in shares of Unilever PLC by 48,716.1% during the 1st quarter. Teachers Advisors LLC now owns 199,658 shares of the company’s stock worth $9,851,000 after buying an additional 199,249 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Unilever PLC by 3.2% during the 1st quarter. Geode Capital Management LLC now owns 23,196 shares of the company’s stock worth $1,144,000 after buying an additional 724 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Unilever PLC by 1.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 765,553 shares of the company’s stock worth $37,772,000 after buying an additional 10,347 shares during the period. Finally, KCG Holdings Inc. boosted its holdings in shares of Unilever PLC by 64.5% during the 1st quarter. KCG Holdings Inc. now owns 10,922 shares of the company’s stock worth $539,000 after buying an additional 4,284 shares during the period. Institutional investors own 7.35% of the company’s stock.
Several research firms recently issued reports on UL. Zacks Investment Research raised shares of Unilever PLC from a “hold” rating to a “buy” rating and set a $65.00 price objective for the company in a report on Saturday, September 23rd. Royal Bank Of Canada downgraded shares of Unilever PLC from a “sector perform” rating to an “underperform” rating in a report on Friday, August 11th. J P Morgan Chase & Co reaffirmed a “neutral” rating on shares of Unilever PLC in a report on Thursday, September 7th. Finally, UBS AG reaffirmed a “neutral” rating on shares of Unilever PLC in a report on Monday, July 17th. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $46.50.
Shares of Unilever PLC (UL) traded down $0.04 during trading on Monday, reaching $55.80. 367,797 shares of the company’s stock were exchanged, compared to its average volume of 1,595,587. Unilever PLC has a 12-month low of $38.58 and a 12-month high of $60.13.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 13th. Shareholders of record on Friday, November 3rd will be issued a $0.4217 dividend. The ex-dividend date is Thursday, November 2nd. This is an increase from Unilever PLC’s previous quarterly dividend of $0.41. This represents a $1.69 dividend on an annualized basis and a yield of 3.02%.
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Unilever PLC 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.
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