Berkshire Asset Management LLC PA lowered its stake in Unilever PLC (NYSE:UL) by 1.1% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 57,634 shares of the company’s stock after selling 613 shares during the period. Berkshire Asset Management LLC PA’s holdings in Unilever PLC were worth $3,119,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Dimensional Fund Advisors LP raised its stake in Unilever PLC by 1.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 755,206 shares of the company’s stock valued at $30,737,000 after buying an additional 13,385 shares during the last quarter. RMB Capital Management LLC raised its stake in Unilever PLC by 136.9% in the fourth quarter. RMB Capital Management LLC now owns 38,565 shares of the company’s stock valued at $1,570,000 after buying an additional 22,284 shares during the last quarter. Perigon Wealth Management LLC purchased a new stake in Unilever PLC during the fourth quarter valued at approximately $130,000. Beacon Financial Group raised its stake in shares of Unilever PLC by 17.7% in the first quarter. Beacon Financial Group now owns 45,344 shares of the company’s stock worth $2,250,000 after buying an additional 6,820 shares during the last quarter. Finally, Triangle Securities Wealth Management raised its stake in shares of Unilever PLC by 2.6% in the first quarter. Triangle Securities Wealth Management now owns 19,642 shares of the company’s stock worth $969,000 after buying an additional 500 shares during the last quarter. Institutional investors and hedge funds own 8.52% of the company’s stock.

Unilever PLC (UL) traded up 0.25% during mid-day trading on Wednesday, hitting $56.79. The stock had a trading volume of 448,518 shares. The company has a market cap of $159.72 billion, a price-to-earnings ratio of 24.38 and a beta of 0.88. Unilever PLC has a one year low of $38.58 and a one year high of $57.07. The company has a 50 day moving average price of $54.93 and a 200-day moving average price of $49.86.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 6th. Stockholders of record on Friday, August 4th will be paid a $0.409 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.89%. The ex-dividend date is Wednesday, August 2nd. This is an increase from Unilever PLC’s previous quarterly dividend of $0.38.

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A number of analysts have issued reports on UL shares. ABN Amro lowered Unilever PLC from a “hold” rating to a “sell” rating in a research report on Friday, March 31st. Zacks Investment Research lowered Unilever PLC from a “buy” rating to a “hold” rating in a research report on Thursday, June 22nd. Seaport Global Securities cut their target price on Unilever PLC from $28.00 to $26.00 in a research report on Monday, April 3rd. J P Morgan Chase & Co reissued a “neutral” rating on shares of Unilever PLC in a research report on Tuesday, March 28th. Finally, UBS AG reissued a “neutral” rating on shares of Unilever PLC in a research report on Monday, July 17th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the company’s stock. Unilever PLC has a consensus rating of “Hold” and an average price target of $43.50.

About Unilever PLC

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.

Institutional Ownership by Quarter for Unilever PLC (NYSE:UL)

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