Unilever PLC (UL) Shares Bought by Richard C. Young & CO. LTD.
Richard C. Young & CO. LTD. boosted its position in shares of Unilever PLC (NYSE:UL) by 1.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 222,912 shares of the company’s stock after buying an additional 3,123 shares during the period. Unilever PLC comprises 1.9% of Richard C. Young & CO. LTD.’s holdings, making the stock its 24th largest position. Richard C. Young & CO. LTD.’s holdings in Unilever PLC were worth $9,073,000 at the end of the most recent quarter.
Other large investors have also recently modified their holdings of the company. Kelly Lawrence W & Associates Inc. CA raised its position in Unilever PLC by 112.5% in the second quarter. Kelly Lawrence W & Associates Inc. CA now owns 2,550 shares of the company’s stock valued at $122,000 after buying an additional 1,350 shares during the last quarter. Integrated Wealth Management raised its position in Unilever PLC by 0.7% in the second quarter. Integrated Wealth Management now owns 2,601 shares of the company’s stock valued at $125,000 after buying an additional 17 shares during the last quarter. Bronfman E.L. Rothschild L.P. raised its position in Unilever PLC by 147.4% in the third quarter. Bronfman E.L. Rothschild L.P. now owns 2,726 shares of the company’s stock valued at $129,000 after buying an additional 1,624 shares during the last quarter. Assetmark Inc. raised its position in Unilever PLC by 26.5% in the third quarter. Assetmark Inc. now owns 3,248 shares of the company’s stock valued at $154,000 after buying an additional 681 shares during the last quarter. Finally, Chicago Partners Investment Group LLC bought a new position in Unilever PLC during the third quarter valued at approximately $161,000. 8.60% of the stock is owned by institutional investors and hedge funds.
Shares of Unilever PLC (NYSE:UL) traded up 12.85% on Friday, reaching $48.04. The company had a trading volume of 26,065,370 shares. The company has a 50 day moving average of $41.45 and a 200-day moving average of $43.16. The company has a market capitalization of $136.42 billion, a P/E ratio of 24.76 and a beta of 0.82. Unilever PLC has a 52 week low of $38.58 and a 52 week high of $48.97.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 15th. Investors of record on Friday, February 10th will be given a $0.339 dividend. The ex-dividend date of this dividend is Wednesday, February 8th. This represents a $1.36 annualized dividend and a yield of 3.19%.
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Several research analysts have recently commented on UL shares. Zacks Investment Research raised Unilever PLC from a “sell” rating to a “buy” rating and set a $46.00 price target for the company in a research report on Thursday, December 15th. Jefferies Group LLC raised Unilever PLC from a “hold” rating to a “buy” rating in a research report on Tuesday, December 13th. Barclays PLC lowered Unilever PLC from an “overweight” rating to an “equal weight” rating in a research report on Monday, January 23rd. Finally, J P Morgan Chase & Co lowered Unilever PLC from an “overweight” rating to a “neutral” rating in a research report on Wednesday, December 7th. One analyst has rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $46.00.
Unilever PLC Company Profile
Unilever PLC is a supplier of food, home and personal care products. The Company’s portfolio ranges from nutritionally balanced foods to indulgent ice creams, soaps, shampoos and household care products. The Company operates through four segments: Personal Care, Foods, Home Care and Refreshment. The Personal Care segment includes sales of skin care and hair care products, deodorants and oral care products.
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