Unilever PLC (NYSE:UL) Shares Bought by Jones Financial Companies Lllp

Jones Financial Companies Lllp boosted its stake in shares of Unilever PLC (NYSE:UL) by 43.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,271 shares of the company’s stock after buying an additional 11,620 shares during the quarter. Jones Financial Companies Lllp’s holdings in Unilever were worth $2,170,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in UL. Jennison Associates LLC lifted its holdings in shares of Unilever by 981.6% in the 3rd quarter. Jennison Associates LLC now owns 2,076,169 shares of the company’s stock worth $134,868,000 after acquiring an additional 1,884,216 shares during the last quarter. Fisher Asset Management LLC raised its position in Unilever by 7.3% in the fourth quarter. Fisher Asset Management LLC now owns 17,940,963 shares of the company’s stock valued at $1,017,253,000 after purchasing an additional 1,214,563 shares during the period. Citigroup Inc. lifted its stake in Unilever by 493.4% during the third quarter. Citigroup Inc. now owns 1,105,064 shares of the company’s stock worth $71,785,000 after purchasing an additional 918,841 shares in the last quarter. Icon Wealth Advisors LLC boosted its position in shares of Unilever by 7,466.0% during the third quarter. Icon Wealth Advisors LLC now owns 629,569 shares of the company’s stock worth $40,897,000 after buying an additional 621,248 shares during the period. Finally, Proficio Capital Partners LLC acquired a new stake in shares of Unilever in the fourth quarter valued at $11,895,000. 9.67% of the stock is currently owned by institutional investors and hedge funds.

Unilever Stock Down 0.3 %

NYSE UL opened at $58.19 on Friday. Unilever PLC has a 52 week low of $46.46 and a 52 week high of $65.87. The firm has a 50 day moving average of $56.66 and a two-hundred day moving average of $59.85. The stock has a market capitalization of $144.40 billion, a PE ratio of 16.67, a price-to-earnings-growth ratio of 1.60 and a beta of 0.47.

Unilever Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, February 28th will be paid a dividend of $0.4674 per share. The ex-dividend date is Friday, February 28th. This represents a $1.87 dividend on an annualized basis and a dividend yield of 3.21%. Unilever’s payout ratio is currently 53.01%.

Analysts Set New Price Targets

Several research firms recently issued reports on UL. Erste Group Bank reissued a “hold” rating on shares of Unilever in a research note on Tuesday, November 19th. Royal Bank of Canada cut shares of Unilever from a “sector perform” rating to an “underperform” rating in a research report on Monday, January 6th. DZ Bank upgraded shares of Unilever from a “hold” rating to a “buy” rating in a report on Friday, February 21st. StockNews.com upgraded shares of Unilever from a “hold” rating to a “buy” rating in a report on Friday. Finally, Sanford C. Bernstein upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 9th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Unilever has a consensus rating of “Moderate Buy” and a consensus target price of $66.33.

Unilever Profile

Unilever PLC operates as a fast-moving consumer goods company in the Asia Pacific, Africa, the Americas, and Europe. It operates through five segments: Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream. 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 consist of the vitamins, minerals, and supplements.