Accurate Investment Solutions Inc. lowered its position in Unilever PLC (NYSE:UL) by 4.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,531 shares of the company’s stock after selling 222 shares during the period. Accurate Investment Solutions Inc.’s holdings in Unilever PLC were worth $245,000 at the end of the most recent reporting period.
Other hedge funds also recently bought and sold shares of the company. Carroll Financial Associates Inc. increased its stake in Unilever PLC by 12.2% in the first quarter. Carroll Financial Associates Inc. now owns 2,374 shares of the company’s stock worth $117,000 after buying an additional 258 shares during the period. Hartford Financial Management Inc. increased its stake in Unilever PLC by 143.7% in the first quarter. Hartford Financial Management Inc. now owns 2,476 shares of the company’s stock worth $122,000 after buying an additional 1,460 shares during the period. Perigon Wealth Management LLC bought a new stake in Unilever PLC during the fourth quarter worth about $130,000. NEXT Financial Group Inc increased its stake in Unilever PLC by 7.6% in the second quarter. NEXT Financial Group Inc now owns 3,616 shares of the company’s stock worth $196,000 after buying an additional 256 shares during the period. Finally, West Coast Financial LLC bought a new stake in Unilever PLC during the first quarter worth about $200,000. Institutional investors and hedge funds own 8.41% of the company’s stock.
Unilever PLC (NYSE UL) opened at 56.74 on Friday. The stock has a 50 day moving average of $55.75 and a 200-day moving average of $51.23. Unilever PLC has a 52-week low of $38.58 and a 52-week high of $57.65. The company has a market capitalization of $159.58 billion, a price-to-earnings ratio of 23.67 and a beta of 0.88.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 6th. Shareholders of record on Friday, August 4th will be paid a $0.409 dividend. This represents a $1.64 annualized dividend and a yield of 2.88%. This is an increase from Unilever PLC’s previous quarterly dividend of $0.38. The ex-dividend date is Wednesday, August 2nd.
A number of analysts recently issued reports on the stock. UBS AG restated a “neutral” rating on shares of Unilever PLC in a report on Monday, July 17th. Zacks Investment Research upgraded shares of Unilever PLC from a “hold” rating to a “buy” rating and set a $61.00 price objective for the company in a report on Saturday, June 24th. Finally, Royal Bank Of Canada downgraded shares of Unilever PLC from a “sector perform” rating to an “underperform” rating in a report on Friday. Three research analysts have rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $43.50.
About Unilever PLC
Unilever PLC is a fast-moving consumer goods (FMCG) company. The Company’s segments include Personal Care, which primarily includes sales of skin care and hair care products, deodorants and oral care products; Foods, which primarily includes sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads; Home Care, which primarily includes sales of home care products, such as powders, liquids and capsules, soap bars and a range of cleaning products, and Refreshment, which primarily includes sales of ice cream and tea-based beverages.
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