SG Americas Securities LLC Sells 37,945 Shares of Unilever PLC (UL)
SG Americas Securities LLC trimmed its stake in shares of Unilever PLC (NYSE:UL) by 53.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,888 shares of the company’s stock after selling 37,945 shares during the quarter. SG Americas Securities LLC’s holdings in Unilever were worth $1,906,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds also recently bought and sold shares of the company. Geode Capital Management LLC grew its position in shares of Unilever by 3.2% in 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 last quarter. Aperio Group LLC grew its position in shares of Unilever by 14.6% in the 2nd quarter. Aperio Group LLC now owns 88,409 shares of the company’s stock worth $4,785,000 after buying an additional 11,291 shares during the last quarter. Wellington Shields Capital Management LLC bought a new stake in shares of Unilever in the 2nd quarter worth approximately $227,000. Delaney Dennis R grew its position in shares of Unilever by 7.6% in the 2nd quarter. Delaney Dennis R now owns 11,340 shares of the company’s stock worth $613,000 after buying an additional 800 shares during the last quarter. Finally, Notis McConarty Edward grew its position in shares of Unilever by 3.7% in the 2nd quarter. Notis McConarty Edward now owns 38,905 shares of the company’s stock worth $2,105,000 after buying an additional 1,385 shares during the last quarter. Institutional investors and hedge funds own 7.23% of the company’s stock.
Unilever PLC (NYSE:UL) traded up $0.99 during midday trading on Friday, hitting $56.85. The company had a trading volume of 586,990 shares, compared to its average volume of 1,300,000. Unilever PLC has a one year low of $38.99 and a one year high of $60.13.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 13th. Investors of record on Friday, November 3rd will be given a dividend of $0.4217 per share. The ex-dividend date of this dividend is Thursday, November 2nd. This is a positive change from Unilever’s previous quarterly dividend of $0.41. This represents a $1.69 annualized dividend and a dividend yield of 2.97%. Unilever’s payout ratio is currently 67.77%.
UL has been the topic of a number of recent analyst reports. Zacks Investment Research upgraded Unilever from a “hold” rating to a “buy” rating and set a $66.00 price objective on the stock in a research report on Saturday, September 9th. Argus initiated coverage on Unilever in a research report on Friday, November 17th. They issued a “hold” rating on the stock. J P Morgan Chase & Co reiterated a “neutral” rating on shares of Unilever in a research report on Thursday, September 7th. Finally, Morgan Stanley restated a “neutral” rating on shares of Unilever in a research report on Wednesday, October 11th. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $46.50.
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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