Murphy Pohlad Asset Management LLC lowered its stake in shares of Unilever PLC (NYSE:UL) by 30.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 5,995 shares of the company’s stock after selling 2,685 shares during the period. Murphy Pohlad Asset Management LLC’s holdings in Unilever PLC were worth $324,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in UL. CORDA Investment Management LLC. increased its stake in Unilever PLC by 6.3% in the first quarter. CORDA Investment Management LLC. now owns 334,723 shares of the company’s stock valued at $16,515,000 after buying an additional 19,829 shares during the period. Gamble Jones Investment Counsel boosted its stake in shares of Unilever PLC by 1.1% in the first quarter. Gamble Jones Investment Counsel now owns 18,897 shares of the company’s stock valued at $932,000 after buying an additional 210 shares in the last quarter. World Asset Management Inc boosted its stake in shares of Unilever PLC by 1.4% in the first quarter. World Asset Management Inc now owns 79,991 shares of the company’s stock valued at $3,947,000 after buying an additional 1,120 shares in the last quarter. Reynders McVeigh Capital Management LLC boosted its stake in shares of Unilever PLC by 25.7% in the first quarter. Reynders McVeigh Capital Management LLC now owns 117,465 shares of the company’s stock valued at $5,796,000 after buying an additional 24,029 shares in the last quarter. Finally, Mondrian Investment Partners LTD boosted its stake in shares of Unilever PLC by 12.4% in the first quarter. Mondrian Investment Partners LTD now owns 753,652 shares of the company’s stock valued at $37,185,000 after buying an additional 82,898 shares in the last quarter. 8.32% of the stock is currently owned by institutional investors and hedge funds.

Shares of Unilever PLC (NYSE UL) opened at 57.58 on Wednesday. Unilever PLC has a 12 month low of $38.58 and a 12 month high of $57.65. The company has a market capitalization of $161.94 billion, a PE ratio of 24.02 and a beta of 0.88. The stock’s 50 day moving average price is $55.91 and its 200 day moving average price is $51.60.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 6th. Stockholders of record on Friday, August 4th will be given a dividend of $0.409 per share. This is a boost from Unilever PLC’s previous quarterly dividend of $0.38. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.84%. The ex-dividend date of this dividend is Wednesday, August 2nd.

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Several brokerages have recently weighed in on UL. UBS AG reiterated a “neutral” rating on shares of Unilever PLC in a research report on Monday, July 17th. Zacks Investment Research upgraded Unilever PLC from a “hold” rating to a “buy” rating and set a $61.00 price target on the stock in a research report on Saturday, June 24th. Finally, Royal Bank Of Canada cut Unilever PLC from a “sector perform” rating to an “underperform” rating in a research report on Friday, August 11th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the company. The stock presently has an average 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.

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Institutional Ownership by Quarter for Unilever PLC (NYSE:UL)

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