Natixis Advisors L.P. cut its holdings in shares of Unilever plc (NYSE:UL) by 1.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 203,688 shares of the company’s stock after selling 2,291 shares during the period. Natixis Advisors L.P.’s holdings in Unilever were worth $11,317,000 at the end of the most recent reporting period.
Several other large investors have also bought and sold shares of the company. Chevy Chase Trust Holdings Inc. grew its position in Unilever by 38.3% in the 4th quarter. Chevy Chase Trust Holdings Inc. now owns 9,789 shares of the company’s stock worth $542,000 after purchasing an additional 2,710 shares in the last quarter. Lourd Capital LLC bought a new stake in Unilever in the 4th quarter worth about $223,000. Parsec Financial Management Inc. grew its position in Unilever by 122.3% in the 4th quarter. Parsec Financial Management Inc. now owns 65,638 shares of the company’s stock worth $3,632,000 after purchasing an additional 36,114 shares in the last quarter. Advisor Partners LLC grew its position in Unilever by 68.9% in the 4th quarter. Advisor Partners LLC now owns 6,546 shares of the company’s stock worth $374,000 after purchasing an additional 2,670 shares in the last quarter. Finally, BTIM Corp. grew its position in Unilever by 59.2% in the 4th quarter. BTIM Corp. now owns 11,243 shares of the company’s stock worth $622,000 after purchasing an additional 4,180 shares in the last quarter. 7.06% of the stock is owned by institutional investors.
Shares of UL stock opened at $55.65 on Friday. Unilever plc has a 52-week low of $50.74 and a 52-week high of $60.13.
The company also recently disclosed a special dividend, which will be paid on Wednesday, June 6th. Shareholders of record on Friday, May 4th will be given a $0.4789 dividend. This represents a yield of 3.3%. This is an increase from Unilever’s previous special dividend of $0.39. The ex-dividend date of this dividend is Thursday, May 3rd. Unilever’s dividend payout ratio is presently 75.10%.
A number of equities research analysts have issued reports on the stock. Zacks Investment Research raised shares of Unilever from a “sell” rating to a “hold” rating in a research report on Tuesday, May 22nd. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Unilever in a research report on Tuesday, February 27th. One equities research analyst has rated the stock with a sell rating and five have given a hold rating to the company. The company has an average rating of “Hold” and an average target price of $63.00.
Unilever Company Profile
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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