Two Sigma Investments LP acquired a new position in Unilever plc (NYSE:UL) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 641,729 shares of the company’s stock, valued at approximately $35,513,000. Two Sigma Investments LP owned approximately 0.05% of Unilever as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in UL. Rockefeller Financial Services Inc. grew its stake in shares of Unilever by 2.2% during the 4th quarter. Rockefeller Financial Services Inc. now owns 242,982 shares of the company’s stock valued at $13,447,000 after purchasing an additional 5,243 shares during the period. California Public Employees Retirement System bought a new stake in shares of Unilever during the 4th quarter valued at about $79,468,000. Jackson Wealth Management LLC bought a new stake in shares of Unilever during the 3rd quarter valued at about $5,785,000. Valeo Financial Advisors LLC bought a new stake in shares of Unilever during the 3rd quarter valued at about $448,000. Finally, Bristol County Savings Bank grew its stake in shares of Unilever by 15.4% during the 4th quarter. Bristol County Savings Bank now owns 28,515 shares of the company’s stock valued at $1,578,000 after purchasing an additional 3,795 shares during the period. Institutional investors own 6.76% of the company’s stock.
Unilever plc (NYSE UL) opened at $53.03 on Wednesday. Unilever plc has a 12-month low of $48.80 and a 12-month high of $60.13.
The business also recently disclosed 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 is a boost from Unilever’s previous quarterly dividend of $0.42. This represents a $1.78 dividend on an annualized basis and a dividend yield of 3.36%. The ex-dividend date of this dividend is Thursday, February 15th.
UL has been the subject of a number of recent research reports. Zacks Investment Research upgraded Unilever from a “sell” rating to a “buy” rating and set a $63.00 price target for the company in a research note on Wednesday, December 13th. JPMorgan Chase & Co. restated a “neutral” rating on shares of Unilever in a research note on Monday, December 18th. Finally, Argus initiated coverage on Unilever in a research note on Friday, November 17th. They set a “hold” rating for the company. Three research analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the stock. Unilever currently has an average rating of “Hold” and an average price target of $44.50.
Unilever Company Profile
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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