Unilever PLC (NYSE:UL) Position Lifted by Clarius Group LLC

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Clarius Group LLC raised its stake in shares of Unilever PLC (NYSE:UL) by 5.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,710 shares of the company’s stock after acquiring an additional 285 shares during the quarter. Clarius Group LLC’s holdings in Unilever were worth $319,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of UL. IAG Wealth Partners LLC bought a new position in Unilever during the 4th quarter valued at $25,000. NuWave Investment Management LLC bought a new position in shares of Unilever in the 4th quarter worth about $28,000. Atticus Wealth Management LLC bought a new position in shares of Unilever in the 4th quarter worth about $28,000. Pin Oak Investment Advisors Inc. lifted its position in shares of Unilever by 91.7% in the 4th quarter. Pin Oak Investment Advisors Inc. now owns 485 shares of the company’s stock worth $29,000 after buying an additional 232 shares during the last quarter. Finally, Valley Brook Capital Group bought a new position in shares of Unilever in the 4th quarter worth about $30,000.

UL has been the topic of a number of recent research reports. Zacks Investment Research upgraded shares of Unilever from a “sell” rating to a “hold” rating in a research report on Tuesday, April 13th. Societe Generale reaffirmed a “sell” rating on shares of Unilever in a report on Wednesday, April 14th. Four analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company. Unilever presently has a consensus rating of “Hold” and a consensus price target of $69.00.

Unilever stock opened at $59.21 on Tuesday. The stock has a market cap of $155.68 billion, a price-to-earnings ratio of 20.70, a PEG ratio of 4.19 and a beta of 0.44. The company’s 50-day moving average price is $56.62 and its two-hundred day moving average price is $57.98. Unilever PLC has a 52 week low of $49.75 and a 52 week high of $63.89.

The business also recently announced 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 is a boost from Unilever’s previous quarterly dividend of $0.51. The ex-dividend date of this dividend is Thursday, May 20th. This represents a $2.06 annualized dividend and a yield of 3.49%. Unilever’s dividend payout ratio (DPR) is presently 71.33%.

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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