Miles Capital Inc. held its position in Unilever PLC (NYSE:UL) during the first quarter, Holdings Channel reports. The institutional investor owned 6,712 shares of the company’s stock at the end of the first quarter. Miles Capital Inc.’s holdings in Unilever PLC were worth $331,000 at the end of the most recent quarter.
Other institutional investors also recently added to or reduced their stakes in the company. Fiduciary Management Inc. WI raised its position in Unilever PLC by 56.6% in the first quarter. Fiduciary Management Inc. WI now owns 10,615,523 shares of the company’s stock worth $523,770,000 after buying an additional 3,837,015 shares during the period. Ameriprise Financial Inc. increased its stake in Unilever PLC by 94.7% in the first quarter. Ameriprise Financial Inc. now owns 2,467,891 shares of the company’s stock worth $124,783,000 after buying an additional 1,200,280 shares in the last quarter. Mawer Investment Management Ltd. increased its stake in Unilever PLC by 31.4% in the first quarter. Mawer Investment Management Ltd. now owns 3,830,766 shares of the company’s stock worth $189,010,000 after buying an additional 914,789 shares in the last quarter. TIAA CREF Investment Management LLC acquired a new stake in Unilever PLC during the first quarter worth approximately $18,447,000. Finally, Teachers Advisors LLC increased its stake in Unilever PLC by 48,716.1% in the first quarter. Teachers Advisors LLC now owns 199,658 shares of the company’s stock worth $9,851,000 after buying an additional 199,249 shares in the last quarter. 8.53% of the stock is currently owned by institutional investors.
Unilever PLC (NYSE UL) traded up 0.83% during midday trading on Friday, hitting $54.62. The company had a trading volume of 2,368,177 shares. Unilever PLC has a 52-week low of $38.58 and a 52-week high of $56.48. The firm has a market cap of $155.10 billion, a price-to-earnings ratio of 26.97 and a beta of 0.90. The stock has a 50 day moving average of $53.82 and a 200 day moving average of $47.01.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 7th. Shareholders of record on Friday, May 5th were given a $0.383 dividend. The ex-dividend date of this dividend was Wednesday, May 3rd. This is a positive change from Unilever PLC’s previous quarterly dividend of $0.35. This represents a $1.53 annualized dividend and a yield of 2.83%.
A number of equities research analysts have commented on the company. J P Morgan Chase & Co restated a “neutral” rating on shares of Unilever PLC in a research report on Tuesday, March 28th. Liberum Capital restated a “hold” rating on shares of Unilever PLC in a research report on Monday, March 27th. Barclays PLC upgraded Unilever PLC from an “equal weight” rating to an “overweight” rating in a research report on Saturday, March 25th. Goldman Sachs Group, Inc. (The) restated a “sell” rating on shares of Unilever PLC in a research report on Friday, March 24th. Finally, Macquarie assumed coverage on Unilever PLC in a research report on Friday, March 17th. They issued an “outperform” rating on the stock. Two analysts have rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $36.00.
Unilever PLC 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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