Sage Rhino Capital LLC lessened its position in shares of Unilever PLC (NYSE:UL – Free Report) by 2.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,851 shares of the company’s stock after selling 261 shares during the quarter. Sage Rhino Capital LLC’s holdings in Unilever were worth $461,000 at the end of the most recent quarter.
Several other large investors have also made changes to their positions in UL. Allianz Asset Management GmbH lifted its stake in Unilever by 43.5% in the first quarter. Allianz Asset Management GmbH now owns 26,032 shares of the company’s stock valued at $1,186,000 after buying an additional 7,895 shares during the period. Cetera Investment Advisers lifted its stake in Unilever by 4.2% in the first quarter. Cetera Investment Advisers now owns 48,220 shares of the company’s stock valued at $2,197,000 after buying an additional 1,963 shares during the period. Candriam Luxembourg S.C.A. lifted its stake in Unilever by 40.5% in the first quarter. Candriam Luxembourg S.C.A. now owns 41,294 shares of the company’s stock valued at $1,881,000 after buying an additional 11,905 shares during the period. Baird Financial Group Inc. lifted its stake in Unilever by 10.7% in the first quarter. Baird Financial Group Inc. now owns 127,034 shares of the company’s stock valued at $5,788,000 after buying an additional 12,302 shares during the period. Finally, Covestor Ltd lifted its stake in Unilever by 204.6% in the first quarter. Covestor Ltd now owns 667 shares of the company’s stock valued at $30,000 after buying an additional 448 shares during the period. Institutional investors and hedge funds own 9.94% of the company’s stock.
Analyst Ratings Changes
UL has been the subject of several recent analyst reports. StockNews.com upgraded Unilever from a “hold” rating to a “buy” rating in a report on Saturday, October 7th. Bank of America initiated coverage on Unilever in a report on Wednesday, October 11th. They issued an “underperform” rating for the company.
Get Our Latest Analysis on Unilever
Unilever Price Performance
Shares of NYSE UL opened at $48.41 on Wednesday. The stock has a 50 day moving average price of $50.10 and a 200 day moving average price of $51.76. Unilever PLC has a 52 week low of $43.42 and a 52 week high of $55.99.
Unilever Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 8th. Stockholders of record on Friday, November 17th will be given a $0.4702 dividend. The ex-dividend date is Thursday, November 16th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 3.89%.
Unilever Profile
Unilever PLC operates as a fast-moving consumer goods company. It operates through Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream segments. 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, which includes the vitamins, minerals, and supplements.
Further Reading
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