Jacobs & Co. CA Has $5.16 Million Stock Position in Unilever PLC (NYSE:UL)

Jacobs & Co. CA grew its position in shares of Unilever PLC (NYSE:UL) by 1.0% in the fourth quarter, HoldingsChannel reports. The fund owned 106,478 shares of the company’s stock after acquiring an additional 1,072 shares during the period. Jacobs & Co. CA’s holdings in Unilever were worth $5,162,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Citigroup Inc. boosted its position in Unilever by 51.1% during the 3rd quarter. Citigroup Inc. now owns 672,859 shares of the company’s stock worth $33,239,000 after acquiring an additional 227,681 shares during the last quarter. Deutsche Bank AG boosted its holdings in shares of Unilever by 3.4% in the 3rd quarter. Deutsche Bank AG now owns 47,772 shares of the company’s stock valued at $2,360,000 after buying an additional 1,589 shares during the last quarter. St. James Investment Company LLC boosted its holdings in shares of Unilever by 11.3% in the 3rd quarter. St. James Investment Company LLC now owns 733,123 shares of the company’s stock valued at $36,216,000 after buying an additional 74,539 shares during the last quarter. ProVise Management Group LLC raised its stake in Unilever by 12.3% in the 3rd quarter. ProVise Management Group LLC now owns 131,494 shares of the company’s stock valued at $6,496,000 after acquiring an additional 14,404 shares during the period. Finally, Sei Investments Co. raised its stake in Unilever by 1.6% in the 3rd quarter. Sei Investments Co. now owns 394,801 shares of the company’s stock valued at $19,505,000 after acquiring an additional 6,341 shares during the period. Institutional investors and hedge funds own 9.67% of the company’s stock.

Unilever Stock Up 1.0 %

UL stock opened at $50.13 on Thursday. The business has a 50-day simple moving average of $49.32 and a 200 day simple moving average of $48.74. Unilever PLC has a 52 week low of $46.16 and a 52 week high of $55.99.

Unilever Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Friday, February 23rd were paid a $0.4582 dividend. This represents a $1.83 dividend on an annualized basis and a yield of 3.66%. The ex-dividend date was Thursday, February 22nd.

Analyst Upgrades and Downgrades

UL has been the topic of a number of research analyst reports. StockNews.com upgraded Unilever from a “hold” rating to a “buy” rating in a research note on Wednesday, March 20th. Morgan Stanley cut Unilever from an “equal weight” rating to an “underweight” rating and dropped their price target for the company from $52.00 to $48.00 in a research note on Tuesday, February 27th. Jefferies Financial Group cut Unilever from a “buy” rating to an “underperform” rating in a research note on Monday, December 11th. Finally, Sanford C. Bernstein upgraded Unilever from an “underperform” rating to a “market perform” rating in a research note on Monday, December 11th. Three analysts have rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $48.00.

About Unilever

Unilever PLC operates as a fast-moving consumer goods company. It operates through Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream segments. The Beauty & Wellbeing segment engages in the sale of hair care products, such as shampoo, conditioner, and styling; skin care products including face, hand, and body moisturizer; and prestige beauty and health & wellbeing products, which includes the vitamins, minerals, and supplements.