Chatham Capital Group Inc. increased its stake in Unilever PLC (NYSE:UL) by 13.4% during the second quarter, Holdings Channel reports. The firm owned 96,688 shares of the company’s stock after buying an additional 11,400 shares during the period. Unilever PLC makes up 1.4% of Chatham Capital Group Inc.’s investment portfolio, making the stock its 23rd largest position. Chatham Capital Group Inc.’s holdings in Unilever PLC were worth $4,632,000 at the end of the most recent reporting period.
Other institutional investors also recently bought and sold shares of the company. Advisory Services Network LLC boosted its stake in Unilever PLC by 17.2% in the second quarter. Advisory Services Network LLC now owns 2,446 shares of the company’s stock worth $117,000 after buying an additional 359 shares in the last quarter. Catamount Wealth Management boosted its stake in Unilever PLC by 2,426.5% in the first quarter. Catamount Wealth Management now owns 3,436 shares of the company’s stock worth $155,000 after buying an additional 3,300 shares in the last quarter. Edmp Inc. acquired a new stake in Unilever PLC during the second quarter worth $208,000. Cape ANN Savings Bank acquired a new stake in Unilever PLC during the second quarter worth $217,000. Finally, Bayesian Capital Management LP acquired a new stake in Unilever PLC during the first quarter worth $225,000. Institutional investors and hedge funds own 8.59% of the company’s stock.
Shares of Unilever PLC (NYSE:UL) traded down 0.88% during midday trading on Monday, hitting $42.62. The company had a trading volume of 1,307,902 shares. The stock has a market capitalization of $120.99 billion, a price-to-earnings ratio of 22.12 and a beta of 0.74. The stock’s 50-day moving average price is $46.69 and its 200-day moving average price is $46.24. Unilever PLC has a one year low of $39.86 and a one year high of $48.97.
The firm also recently announced a dividend, which will be paid on Wednesday, December 7th. Shareholders of record on Friday, October 28th will be paid a dividend of $0.35 per share. The ex-dividend date is Wednesday, October 26th.
UL has been the subject of several research reports. Sanford C. Bernstein initiated coverage on Unilever PLC in a research note on Monday, August 22nd. They issued an “outperform” rating for the company. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Unilever PLC in a research note on Wednesday, July 27th. Deutsche Bank AG reissued a “buy” rating on shares of Unilever PLC in a research note on Thursday, August 25th. RBC Capital Markets reissued a “sector perform” rating on shares of Unilever PLC in a research note on Sunday, July 24th. Finally, Royal Bank Of Canada cut Unilever PLC from an “outperform” rating to a “sector perform” rating in a research note on Friday, July 22nd. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $51.00.
About Unilever PLC
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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