Stephens Inc. AR grew its holdings in shares of Unilever plc (NYSE:UL) by 8.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,429 shares of the company’s stock after acquiring 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 filing with the Securities and Exchange Commission (SEC).
Several other hedge funds have also modified their holdings of the company. Toronto Dominion Bank boosted its holdings in Unilever by 1.2% in the 2nd quarter. Toronto Dominion Bank now owns 11,890 shares of the company’s stock worth $644,000 after buying an additional 138 shares during the period. WFG Advisors LP boosted its holdings in Unilever by 11.8% in the 2nd quarter. WFG Advisors LP now owns 4,838 shares of the company’s stock worth $262,000 after buying an additional 511 shares during the period. The Manufacturers Life Insurance Company boosted its holdings in shares of Unilever by 15.8% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 4,359 shares of the company’s stock valued at $236,000 after purchasing an additional 594 shares during the last quarter. Gardiner Nancy B boosted its holdings in shares of Unilever by 5.8% during the 3rd quarter. Gardiner Nancy B now owns 17,265 shares of the company’s stock valued at $1,001,000 after purchasing an additional 950 shares during the last quarter. Finally, Bessemer Group Inc. boosted its holdings in shares of Unilever by 14.9% during the 3rd quarter. Bessemer Group Inc. now owns 7,913 shares of the company’s stock valued at $458,000 after purchasing an additional 1,025 shares during the last quarter. 7.12% of the stock is owned by hedge funds and other institutional investors.
Shares of Unilever plc (UL) traded down $0.22 during midday trading on Friday, hitting $53.55. 980,613 shares of the stock traded hands, compared to its average volume of 1,831,929. Unilever plc has a 52-week low of $44.33 and a 52-week high of $60.13.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 21st. Stockholders of record on Friday, February 16th will be given a dividend of $0.4452 per share. This represents a $1.78 annualized dividend and a dividend yield of 3.33%. This is a boost from Unilever’s previous quarterly dividend of $0.42. The ex-dividend date of this dividend is Thursday, February 15th.
UL has been the subject of several research reports. Zacks Investment Research raised shares of Unilever from a “sell” rating to a “buy” rating and set a $63.00 price objective for the company in a report on Wednesday, December 13th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Unilever in a report on Monday, December 18th. Finally, Argus initiated coverage on shares of Unilever in a report on Friday, November 17th. They set a “hold” rating for the company. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $44.50.
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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