Unilever PLC (UL) Holdings Increased by Bessemer Group Inc.
Bessemer Group Inc. raised its holdings in shares of Unilever PLC (NYSE:UL) by 14.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,913 shares of the company’s stock after acquiring an additional 1,025 shares during the period. Bessemer Group Inc.’s holdings in Unilever PLC were worth $458,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in UL. Goldman Sachs Group Inc. raised its stake in Unilever PLC by 47.6% during the 2nd quarter. Goldman Sachs Group Inc. now owns 1,837,277 shares of the company’s stock valued at $99,434,000 after acquiring an additional 592,653 shares in the last quarter. Teachers Advisors LLC raised its stake in Unilever PLC by 48,716.1% during the 1st quarter. Teachers Advisors LLC now owns 199,658 shares of the company’s stock valued at $9,851,000 after acquiring an additional 199,249 shares in the last quarter. NINE MASTS CAPITAL Ltd bought a new stake in Unilever PLC during the 2nd quarter valued at $10,548,000. Segantii Capital Management Ltd bought a new stake in Unilever PLC during the 2nd quarter valued at $8,949,000. Finally, FMR LLC raised its stake in Unilever PLC by 988.1% during the 1st quarter. FMR LLC now owns 175,445 shares of the company’s stock valued at $8,657,000 after acquiring an additional 159,321 shares in the last quarter. 7.25% of the stock is currently owned by hedge funds and other institutional investors.
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Unilever PLC (NYSE:UL) opened at $55.00 on Friday. Unilever PLC has a 1 year low of $38.58 and a 1 year high of $60.13.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 13th. Stockholders of record on Friday, November 3rd will be given a dividend of $0.4217 per share. The ex-dividend date of this dividend is Thursday, November 2nd. This is a boost from Unilever PLC’s previous quarterly dividend of $0.41. This represents a $1.69 annualized dividend and a dividend yield of 3.07%. Unilever PLC’s dividend payout ratio (DPR) is 68.62%.
UL has been the topic of several recent analyst reports. Zacks Investment Research raised Unilever PLC from a “hold” rating to a “buy” rating and set a $66.00 target price on the stock in a research note on Saturday, September 9th. J P Morgan Chase & Co reaffirmed a “neutral” rating on shares of Unilever PLC in a research note on Thursday, September 7th. Morgan Stanley reaffirmed a “neutral” rating on shares of Unilever PLC in a research note on Wednesday, October 11th. Argus began coverage on Unilever PLC in a research report on Friday. They set a “hold” rating on the stock. Finally, Royal Bank Of Canada cut Unilever PLC from a “sector perform” rating to an “underperform” rating in a research report on Friday, August 11th. Three analysts have rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company. Unilever PLC has a consensus rating of “Hold” and a consensus price target of $46.50.
Unilever PLC 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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