DecisionMap Wealth Management LLC Acquires New Position in Unilever PLC (NYSE:UL)

DecisionMap Wealth Management LLC acquired a new stake in shares of Unilever PLC (NYSE:UL) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 8,936 shares of the company’s stock, valued at approximately $507,000.

A number of other institutional investors have also modified their holdings of the business. Connor Clark & Lunn Investment Management Ltd. grew its position in shares of Unilever by 19.0% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 203,903 shares of the company’s stock valued at $11,561,000 after buying an additional 32,519 shares during the last quarter. Avantax Advisory Services Inc. grew its position in shares of Unilever by 4.6% during the 4th quarter. Avantax Advisory Services Inc. now owns 79,191 shares of the company’s stock valued at $4,490,000 after buying an additional 3,466 shares during the last quarter. Farther Finance Advisors LLC grew its position in Unilever by 69.9% in the 4th quarter. Farther Finance Advisors LLC now owns 80,747 shares of the company’s stock worth $4,578,000 after purchasing an additional 33,215 shares during the last quarter. Saturna Capital Corp grew its position in Unilever by 4.1% in the 4th quarter. Saturna Capital Corp now owns 597,643 shares of the company’s stock worth $33,886,000 after purchasing an additional 23,318 shares during the last quarter. Finally, HighTower Advisors LLC grew its position in Unilever by 4.3% in the 4th quarter. HighTower Advisors LLC now owns 425,390 shares of the company’s stock worth $24,120,000 after purchasing an additional 17,614 shares during the last quarter. Institutional investors own 9.67% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on the stock. DZ Bank upgraded shares of Unilever from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. StockNews.com upgraded shares of Unilever from a “hold” rating to a “buy” rating in a research report on Friday, March 7th. Sanford C. Bernstein upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 9th. Royal Bank of Canada cut shares of Unilever from a “sector perform” rating to an “underperform” rating in a research report on Monday, January 6th. Finally, Erste Group Bank restated a “hold” rating on shares of Unilever in a research report on Tuesday, November 19th. Two research analysts have rated the stock with a sell rating, one has given a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $66.33.

Unilever Trading Down 0.4 %

Shares of NYSE:UL opened at $59.07 on Thursday. Unilever PLC has a twelve month low of $46.46 and a twelve month high of $65.87. The firm has a market cap of $146.57 billion, a P/E ratio of 16.92, a P/E/G ratio of 1.60 and a beta of 0.47. The company has a 50 day moving average of $56.86 and a 200-day moving average of $59.76.

Unilever Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, February 28th will be paid a dividend of $0.4674 per share. This represents a $1.87 annualized dividend and a yield of 3.17%. The ex-dividend date is Friday, February 28th. Unilever’s dividend payout ratio is presently 53.01%.

Unilever 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.