Venturi Wealth Management LLC cut its holdings in shares of Unilever plc (NYSE:UL) by 9.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 42,942 shares of the company’s stock after selling 4,630 shares during the quarter. Venturi Wealth Management LLC’s holdings in Unilever were worth $2,386,000 as of its most recent SEC filing.
Other large investors have also bought and sold shares of the company. Douglass Winthrop Advisors LLC increased its holdings in shares of Unilever by 64.7% in the first quarter. Douglass Winthrop Advisors LLC now owns 344,260 shares of the company’s stock worth $19,127,000 after purchasing an additional 135,221 shares during the last quarter. Motco increased its holdings in shares of Unilever by 2.2% in the first quarter. Motco now owns 61,905 shares of the company’s stock worth $3,440,000 after purchasing an additional 1,314 shares during the last quarter. Aperio Group LLC increased its holdings in shares of Unilever by 8.4% in the first quarter. Aperio Group LLC now owns 111,831 shares of the company’s stock worth $6,213,000 after purchasing an additional 8,667 shares during the last quarter. Fiduciary Trust Co. bought a new stake in shares of Unilever in the first quarter worth about $481,000. Finally, ETRADE Capital Management LLC grew its position in Unilever by 38.5% in the first quarter. ETRADE Capital Management LLC now owns 40,754 shares of the company’s stock worth $2,264,000 after acquiring an additional 11,331 shares in the last quarter. 6.36% of the stock is currently owned by institutional investors and hedge funds.
Separately, JPMorgan Chase reiterated a “neutral” rating on shares of Unilever in a research report on Tuesday, February 27th. One research analyst has rated the stock with a sell rating and five have assigned a hold rating to the company. Unilever currently has a consensus rating of “Hold” and an average target price of $63.00.
Unilever opened at $55.82 on Friday, according to MarketBeat Ratings. The stock has a market capitalization of $67.91 billion, a P/E ratio of 21.85, a P/E/G ratio of 3.00 and a beta of 0.81. Unilever plc has a 12 month low of $54.83 and a 12 month high of $55.29.
The business also recently declared a special dividend, which will be paid on Wednesday, June 6th. Investors of record on Friday, May 4th will be given a $0.4789 dividend. The ex-dividend date is Thursday, May 3rd. This represents a yield of 3.3%. This is a positive change from Unilever’s previous special dividend of $0.39. Unilever’s dividend payout ratio (DPR) is currently 75.10%.
Unilever PLC operates in the fast-moving consumer goods industry worldwide. It operates through Personal Care, Home Care, Foods, and Refreshment segments. The Personal Care segment offers skin care and hair care products, deodorants, and oral care products. The Home Care segment provides home care products, including powders, liquids and capsules, soap bars, and various cleaning products.
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