US Bancorp DE raised its position in shares of Unilever plc (NYSE:UL) by 4.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 207,838 shares of the company’s stock after purchasing an additional 7,997 shares during the quarter. US Bancorp DE’s holdings in Unilever were worth $11,501,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently bought and sold shares of UL. Advisors Preferred LLC purchased a new stake in Unilever during the 3rd quarter valued at about $122,000. Fieldpoint Private Securities LLC acquired a new position in shares of Unilever in the 3rd quarter valued at about $135,000. Duncker Streett & Co. Inc. acquired a new position in shares of Unilever in the 4th quarter valued at about $152,000. Segment Wealth Management LLC acquired a new position in shares of Unilever in the 3rd quarter valued at about $201,000. Finally, Personal Capital Advisors Corp acquired a new position in shares of Unilever in the 4th quarter valued at about $201,000. Institutional investors and hedge funds own 7.12% of the company’s stock.
Several equities analysts have recently issued reports on UL shares. Zacks Investment Research raised 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 started coverage on Unilever in a report on Friday, November 17th. They issued a “hold” rating for the company. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $44.50.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 21st. Investors of record on Friday, February 16th will be issued a $0.4452 dividend. This is a boost from Unilever’s previous quarterly dividend of $0.42. The ex-dividend date is Thursday, February 15th. This represents a $1.78 dividend on an annualized basis and a yield of 3.34%.
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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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