Unilever PLC $UL Stock Holdings Lowered by Trust Co. of Vermont

Trust Co. of Vermont trimmed its holdings in shares of Unilever PLC (NYSE:UL) by 0.8% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 35,460 shares of the company’s stock after selling 269 shares during the period. Trust Co. of Vermont’s holdings in Unilever were worth $2,169,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. N.E.W. Advisory Services LLC acquired a new position in shares of Unilever in the 1st quarter worth $30,000. Brentview Investment Management LLC acquired a new position in shares of Unilever in the 1st quarter valued at $33,000. Richardson Financial Services Inc. boosted its position 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 during the period. Marshall & Sullivan Inc. WA purchased a new position in Unilever in the 2nd quarter worth about $55,000. Finally, Opal Wealth Advisors LLC acquired a new stake in Unilever during the 1st quarter worth about $63,000. Institutional investors own 9.67% of the company’s stock.

Unilever Stock Performance

UL stock opened at $58.80 on Thursday. The firm has a 50 day simple moving average of $61.53 and a 200 day simple moving average of $61.59. Unilever PLC has a 52 week low of $54.32 and a 52 week high of $65.66. The stock has a market cap of $144.27 billion, a P/E ratio of 16.85, a P/E/G ratio of 3.57 and a beta of 0.41.

Unilever Increases Dividend

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

Analyst Upgrades and Downgrades

A number of research firms have commented on UL. Zacks Research raised shares of Unilever from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, September 17th. CICC Research assumed coverage on shares of Unilever in a research report on Thursday, August 21st. They issued an “outperform” rating for the company. Finally, Jefferies Financial Group reiterated an “underperform” rating on shares of Unilever in a research report on Sunday, August 3rd. Three equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Unilever has an average rating of “Moderate Buy” and an average target price of $73.00.

About Unilever

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.