Boston Private Wealth LLC Purchases 532 Shares of Unilever PLC (NYSE:UL)

Boston Private Wealth LLC grew its position in shares of Unilever PLC (NYSE:UL) by 4.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,044 shares of the company’s stock after purchasing an additional 532 shares during the period. Boston Private Wealth LLC’s holdings in Unilever were worth $729,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. IAG Wealth Partners LLC bought a new stake in Unilever during the fourth quarter worth about $25,000. Focused Wealth Management Inc lifted its stake in Unilever by 68.1% during the first quarter. Focused Wealth Management Inc now owns 454 shares of the company’s stock worth $25,000 after purchasing an additional 184 shares during the last quarter. Pin Oak Investment Advisors Inc. lifted its stake in Unilever by 91.7% during the fourth quarter. Pin Oak Investment Advisors Inc. now owns 485 shares of the company’s stock worth $29,000 after purchasing an additional 232 shares during the last quarter. Valley Brook Capital Group bought a new stake in Unilever during the fourth quarter worth about $30,000. Finally, Jones Financial Companies Lllp lifted its stake in Unilever by 87.7% during the first quarter. Jones Financial Companies Lllp now owns 548 shares of the company’s stock worth $31,000 after purchasing an additional 256 shares during the last quarter. 8.82% of the stock is owned by hedge funds and other institutional investors.

A number of equities research analysts have recently weighed in on UL shares. Zacks Investment Research raised Unilever from a “sell” rating to a “hold” rating in a research note on Tuesday, April 13th. Societe Generale reissued a “sell” rating on shares of Unilever in a research note on Wednesday, April 14th. Four equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $69.00.

NYSE UL opened at $60.51 on Friday. Unilever PLC has a 1-year low of $51.98 and a 1-year high of $63.89. The company has a market cap of $159.10 billion, a price-to-earnings ratio of 21.38, a PEG ratio of 5.08 and a beta of 0.47. The firm has a 50-day moving average of $58.90.

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 10th. Investors of record on Friday, May 21st were issued a dividend of $0.5159 per share. This represents a $2.06 dividend on an annualized basis and a yield of 3.41%. The ex-dividend date was Thursday, May 20th. This is an increase from Unilever’s previous quarterly dividend of $0.51. Unilever’s payout ratio is currently 72.08%.

Unilever Profile

Unilever PLC operates as a fast-moving consumer goods company in Asia, Africa, the Middle East, Turkey, Russia, Ukraine, Belarus, the Americas, and Europe. It operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment provides skin care and hair care products, deodorants, and skin cleansing products under the Axe, Clear, Dove, Lifebuoy, Lux, Pond's, Rexona, Signal, Suave, Sunsilk, TRESemmé, and Vaseline brands.

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Institutional Ownership by Quarter for Unilever (NYSE:UL)

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