DecisionMap Wealth Management LLC Invests $507,000 in Unilever PLC (NYSE:UL)

DecisionMap Wealth Management LLC acquired a new position in shares of Unilever PLC (NYSE:UL) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 8,936 shares of the company’s stock, valued at approximately $507,000.

A number of other hedge funds have also modified their holdings of UL. Axxcess Wealth Management LLC grew its stake in Unilever by 14.1% in the 3rd quarter. Axxcess Wealth Management LLC now owns 9,422 shares of the company’s stock worth $612,000 after acquiring an additional 1,163 shares during the period. Nations Financial Group Inc. IA ADV purchased a new stake in Unilever in the 3rd quarter worth approximately $203,000. Ashton Thomas Private Wealth LLC grew its stake in shares of Unilever by 3.7% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 9,847 shares of the company’s stock valued at $640,000 after buying an additional 354 shares during the period. Aptus Capital Advisors LLC grew its stake in shares of Unilever by 5.9% during the 3rd quarter. Aptus Capital Advisors LLC now owns 6,299 shares of the company’s stock valued at $409,000 after buying an additional 349 shares during the period. Finally, Haverford Trust Co grew its stake in shares of Unilever by 0.9% during the 3rd quarter. Haverford Trust Co now owns 75,509 shares of the company’s stock valued at $4,905,000 after buying an additional 679 shares during the period. 9.67% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have recently issued reports on UL. DZ Bank raised shares of Unilever from a “hold” rating to a “buy” rating in a research note on Friday, February 21st. Erste Group Bank restated a “hold” rating on shares of Unilever in a report on Tuesday, November 19th. StockNews.com upgraded shares of Unilever from a “hold” rating to a “buy” rating in a report on Friday, March 7th. Sanford C. Bernstein upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. Finally, Royal Bank of Canada lowered shares of Unilever from a “sector perform” rating to an “underperform” rating in a report on Monday, January 6th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $66.33.

Unilever Stock Performance

Shares of Unilever stock opened at $59.07 on Thursday. The firm has a market cap of $146.57 billion, a PE ratio of 16.92, a price-to-earnings-growth ratio of 1.60 and a beta of 0.47. The firm’s 50-day simple moving average is $56.86 and its 200-day simple moving average is $59.76. Unilever PLC has a 1 year low of $46.46 and a 1 year high of $65.87.

Unilever Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, February 28th will be paid a $0.4674 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $1.87 dividend on an annualized basis and a dividend yield of 3.17%. Unilever’s dividend payout ratio (DPR) is presently 53.01%.

Unilever Profile

Unilever PLC operates as a fast-moving consumer goods company in the Asia Pacific, Africa, the Americas, and Europe. It operates through five segments: Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream. The Beauty & Wellbeing segment engages in the sale of hair care products, such as shampoo, conditioner, and styling; skin care products including face, hand, and body moisturizer; and prestige beauty and health & wellbeing products consist of the vitamins, minerals, and supplements.