Autumn Glory Partners LLC Has $3.94 Million Stock Position in Unilever PLC $UL

Autumn Glory Partners LLC decreased its stake in shares of Unilever PLC (NYSE:UL) by 2.1% in the second quarter, HoldingsChannel reports. The institutional investor owned 64,463 shares of the company’s stock after selling 1,374 shares during the period. Unilever comprises approximately 1.8% of Autumn Glory Partners LLC’s holdings, making the stock its 8th largest position. Autumn Glory Partners LLC’s holdings in Unilever were worth $3,943,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. N.E.W. Advisory Services LLC bought a new stake in Unilever during the 1st quarter valued at about $30,000. Brentview Investment Management LLC bought a new stake in shares of Unilever in the 1st quarter valued at about $33,000. Richardson Financial Services Inc. raised its holdings in shares of Unilever by 209.0% in the 1st quarter. Richardson Financial Services Inc. now owns 618 shares of the company’s stock valued at $37,000 after purchasing an additional 418 shares in the last quarter. Marshall & Sullivan Inc. WA bought a new stake in shares of Unilever in the 2nd quarter valued at about $55,000. Finally, Opal Wealth Advisors LLC bought a new stake in shares of Unilever in the 1st quarter valued at about $63,000. Institutional investors own 9.67% of the company’s stock.

Unilever Stock Up 0.2%

Shares of Unilever stock opened at $59.04 on Monday. The firm’s 50 day moving average price is $61.46 and its 200-day moving average price is $61.62. Unilever PLC has a 52-week low of $54.32 and a 52-week high of $65.66. The company has a market cap of $144.85 billion, a P/E ratio of 16.92, a PEG ratio of 3.55 and a beta of 0.40.

Unilever Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 12th. Stockholders of record on Friday, August 15th were given a $0.5175 dividend. This represents a $2.07 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend was Friday, August 15th. This is an increase from Unilever’s previous quarterly dividend of $0.52. Unilever’s payout ratio is presently 59.31%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on UL shares. Jefferies Financial Group restated an “underperform” rating on shares of Unilever in a report on Sunday, August 3rd. CICC Research started coverage on shares of Unilever in a report on Thursday, August 21st. They issued an “outperform” rating for the company. Zacks Research upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 17th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Unilever in a report on Saturday, September 27th. Three analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $73.00.

Unilever Company 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.