Clean Yield Group Has $7.55 Million Stock Position in Unilever PLC $UL

Clean Yield Group lessened its stake in shares of Unilever PLC (NYSE:UL) by 14.5% in the 4th quarter, HoldingsChannel.com reports. The fund owned 115,430 shares of the company’s stock after selling 19,528 shares during the period. Unilever makes up about 2.1% of Clean Yield Group’s holdings, making the stock its 8th largest holding. Clean Yield Group’s holdings in Unilever were worth $7,549,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in UL. Wellington Management Group LLP boosted its stake in shares of Unilever by 9.3% during the 3rd quarter. Wellington Management Group LLP now owns 34,665,544 shares of the company’s stock worth $2,054,973,000 after acquiring an additional 2,935,227 shares in the last quarter. Thrivent Financial for Lutherans boosted its stake in shares of Unilever by 13,906.2% during the 3rd quarter. Thrivent Financial for Lutherans now owns 2,268,300 shares of the company’s stock worth $134,465,000 after acquiring an additional 2,252,105 shares in the last quarter. Munich Reinsurance Co Stock Corp in Munich bought a new stake in Unilever during the 3rd quarter valued at approximately $82,461,000. Fisher Asset Management LLC boosted its stake in Unilever by 4.4% during the 3rd quarter. Fisher Asset Management LLC now owns 22,537,917 shares of the company’s stock valued at $1,336,048,000 after purchasing an additional 959,269 shares during the period. Finally, Corient Private Wealth LLC boosted its stake in Unilever by 78.8% during the 2nd quarter. Corient Private Wealth LLC now owns 1,933,422 shares of the company’s stock valued at $118,261,000 after purchasing an additional 852,099 shares during the period. Institutional investors own 9.67% of the company’s stock.

Unilever Stock Up 0.5%

Unilever stock opened at $58.08 on Thursday. The business has a 50 day moving average price of $65.53 and a two-hundred day moving average price of $66.35. Unilever PLC has a 12 month low of $54.95 and a 12 month high of $74.97.

Unilever (NYSE:UL) last posted its quarterly earnings results on Thursday, February 12th. The company reported $0.75 EPS for the quarter, missing the consensus estimate of $1.75 by ($1.00). The business had revenue of $11.87 billion during the quarter, compared to analysts’ expectations of $31.39 billion. Equities research analysts forecast that Unilever PLC will post 3.27 EPS for the current year.

Unilever Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Friday, February 27th were issued a $0.5547 dividend. The ex-dividend date of this dividend was Friday, February 27th. This represents a $2.22 annualized dividend and a yield of 3.8%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on UL shares. Weiss Ratings downgraded Unilever from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, March 31st. Argus upgraded Unilever to a “strong-buy” rating in a research note on Monday, March 2nd. DZ Bank upgraded Unilever from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 8th. Jefferies Financial Group restated an “underperform” rating on shares of Unilever in a research note on Monday, February 23rd. Finally, Kepler Capital Markets downgraded Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday, February 17th. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, Unilever has an average rating of “Hold” and an average target price of $65.55.

Unilever Profile

Unilever PLC is a global consumer goods company with roots dating back to the early 20th century, formed from the merger of the British firm Lever Brothers and the Dutch company Margarine Unie. The company develops, manufactures and markets a broad portfolio of branded products in personal care, home care and foods and refreshments. Unilever’s corporate structure and listings reflect its long history in both the United Kingdom and the Netherlands, and it operates at scale across diverse consumer markets worldwide.

Unilever’s business is organized around major product categories—Beauty & Personal Care, Home Care and Foods & Refreshment—and includes numerous well-known consumer brands across those categories.