Stephens Inc. AR grew its holdings in shares of Unilever plc (NYSE:UL) by 8.1% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 37,429 shares of the company’s stock after buying an additional 2,805 shares during the period. Stephens Inc. AR’s holdings in Unilever were worth $2,071,000 as of its most recent SEC filing.
Other hedge funds have also made changes to their positions in the company. Jackson Wealth Management LLC bought a new stake in shares of Unilever during the 3rd quarter valued at $5,785,000. Valeo Financial Advisors LLC bought a new stake in shares of Unilever during the 3rd quarter valued at $448,000. Bristol County Savings Bank boosted its holdings in shares of Unilever by 15.4% during the 4th quarter. Bristol County Savings Bank now owns 28,515 shares of the company’s stock valued at $1,578,000 after buying an additional 3,795 shares in the last quarter. GW Henssler & Associates Ltd. boosted its holdings in shares of Unilever by 4.6% during the 3rd quarter. GW Henssler & Associates Ltd. now owns 54,176 shares of the company’s stock valued at $3,140,000 after buying an additional 2,364 shares in the last quarter. Finally, Morningstar Investment Services LLC boosted its holdings in shares of Unilever by 12.2% during the 3rd quarter. Morningstar Investment Services LLC now owns 793,163 shares of the company’s stock valued at $45,972,000 after buying an additional 85,991 shares in the last quarter. Hedge funds and other institutional investors own 7.04% of the company’s stock.
A number of analysts have recently commented on the stock. Zacks Investment Research cut shares of Unilever from a “buy” rating to a “hold” rating in a report on Tuesday, December 19th. JPMorgan Chase & Co. restated a “neutral” rating on shares of Unilever in a report on Monday, December 18th. Finally, Argus began coverage on shares of Unilever in a report on Friday, November 17th. They set a “hold” rating on the stock. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $44.50.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 21st. Investors of record on Friday, February 16th will be paid a $0.4452 dividend. This is a boost from Unilever’s previous quarterly dividend of $0.42. The ex-dividend date of this dividend is Thursday, February 15th. This represents a $1.78 dividend on an annualized basis and a yield of 3.40%.
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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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