Bank of Montreal Can acquired a new stake in shares of Unilever plc (NYSE:UL) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 289,555 shares of the company’s stock, valued at approximately $13,871,000.
Several other institutional investors also recently made changes to their positions in the stock. Aperio Group LLC boosted its position in shares of Unilever plc by 11.9% in the first quarter. Aperio Group LLC now owns 71,804 shares of the company’s stock valued at $3,244,000 after buying an additional 7,647 shares during the last quarter. IFP Advisors Inc boosted its position in shares of Unilever plc by 55.7% in the first quarter. IFP Advisors Inc now owns 11,471 shares of the company’s stock valued at $518,000 after buying an additional 4,104 shares during the last quarter. Stratos Wealth Partners LTD. bought a new position in shares of Unilever plc during the first quarter valued at $209,000. Connable Office Inc. boosted its position in shares of Unilever plc by 2.1% in the first quarter. Connable Office Inc. now owns 8,262 shares of the company’s stock valued at $373,000 after buying an additional 167 shares during the last quarter. Finally, Mckinley Capital Management LLC Delaware bought a new position in shares of Unilever plc during the first quarter valued at $297,000.
Shares of Unilever plc (NYSE:UL) traded up 0.70% during midday trading on Friday, reaching $47.40. 963,520 shares of the company’s stock traded hands. Unilever plc has a 12 month low of $39.86 and a 12 month high of $48.97. The firm has a market cap of $134.56 billion, a PE ratio of 24.43 and a beta of 0.70. The stock has a 50-day moving average price of $46.98 and a 200 day moving average price of $46.16.
The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 7th. Investors of record on Friday, August 5th were issued a $0.348 dividend. This represents a $1.39 dividend on an annualized basis and a dividend yield of 2.94%. The ex-dividend date of this dividend was Wednesday, August 3rd. This is a positive change from Unilever plc’s previous quarterly dividend of $0.32.
A number of equities analysts recently commented on the company. Zacks Investment Research cut Unilever plc from a “buy” rating to a “hold” rating in a report on Wednesday, June 15th. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Unilever plc in a report on Monday, June 13th. Royal Bank Of Canada cut Unilever plc from an “outperform” rating to a “sector perform” rating in a report on Friday, July 22nd. RBC Capital Markets reiterated a “sector perform” rating on shares of Unilever plc in a report on Sunday, July 24th. Finally, Sanford C. Bernstein assumed coverage on Unilever plc in a report on Monday, August 22nd. They set an “outperform” rating for the company. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $51.00.
Unilever plc Company Profile
Unilever PLC is a supplier of food, home and personal care products. The Company’s portfolio ranges from nutritionally balanced foods to indulgent ice creams, soaps, shampoos and household care products. The Company operates through four segments: Personal Care, Foods, Home Care and Refreshment. The Personal Care segment includes sales of skin care and hair care products, deodorants and oral care products.
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