LGL Partners LLC Boosts Stock Holdings in Unilever PLC (NYSE:UL)

LGL Partners LLC raised its holdings in shares of Unilever PLC (NYSE:UL) by 22.9% during the first quarter, according to its most recent filing with the SEC. The firm owned 6,177 shares of the company’s stock after purchasing an additional 1,151 shares during the period. LGL Partners LLC’s holdings in Unilever were worth $345,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Compton Capital Management Inc. RI grew its position in shares of Unilever by 172.6% in the 1st quarter. Compton Capital Management Inc. RI now owns 14,450 shares of the company’s stock worth $807,000 after buying an additional 9,150 shares during the last quarter. Yacktman Asset Management LP grew its position in shares of Unilever by 4.3% in the 1st quarter. Yacktman Asset Management LP now owns 253,011 shares of the company’s stock worth $14,126,000 after buying an additional 10,397 shares during the last quarter. Buckingham Capital Management Inc. grew its position in shares of Unilever by 9.1% in the 1st quarter. Buckingham Capital Management Inc. now owns 10,842 shares of the company’s stock worth $605,000 after buying an additional 908 shares during the last quarter. Semmax Financial Advisors Inc. grew its position in shares of Unilever by 13.7% in the 1st quarter. Semmax Financial Advisors Inc. now owns 24,616 shares of the company’s stock worth $1,374,000 after buying an additional 2,967 shares during the last quarter. Finally, Roosevelt Investment Group LLC grew its position in shares of Unilever by 5.8% in the 1st quarter. Roosevelt Investment Group LLC now owns 28,156 shares of the company’s stock worth $1,572,000 after buying an additional 1,556 shares during the last quarter.

Shares of NYSE UL opened at $60.59 on Friday. Unilever PLC has a 12 month low of $50.23 and a 12 month high of $63.89. The company has a 50 day simple moving average of $57.52 and a two-hundred day simple moving average of $57.86. The stock has a market cap of $159.31 billion, a price-to-earnings ratio of 21.19, a PEG ratio of 4.19 and a beta of 0.44.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 10th. Shareholders of record on Friday, May 21st will be paid a dividend of $0.5159 per share. This represents a $2.06 annualized dividend and a yield of 3.41%. This is a boost from Unilever’s previous quarterly dividend of $0.51. The ex-dividend date of this dividend is Thursday, May 20th. Unilever’s payout ratio is presently 71.33%.

A number of research firms recently commented on UL. Zacks Investment Research upgraded shares of Unilever from a “sell” rating to a “hold” rating in a research note on Tuesday, April 13th. Societe Generale reiterated a “sell” rating on shares of Unilever in a research note on Wednesday, April 14th. Four research analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company. Unilever has an average rating of “Hold” and a consensus target price of $69.00.

About Unilever

Unilever PLC operates as a fast-moving consumer goods company in Asia, Africa, the Middle East, Turkey, Russia, Ukraine, Belarus, the Americas, and Europe. It operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment provides skin care and hair care products, deodorants, and skin cleansing products under the Axe, Clear, Dove, Lifebuoy, Lux, Pond's, Rexona, Signal, Suave, Sunsilk, TRESemmé, and Vaseline brands.

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Institutional Ownership by Quarter for Unilever (NYSE:UL)

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