Unilever PLC $UL Shares Purchased by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC increased its holdings in shares of Unilever PLC (NYSE:UL) by 22.4% in the second quarter, Holdings Channel reports. The firm owned 96,568 shares of the company’s stock after buying an additional 17,667 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Unilever were worth $5,908,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. N.E.W. Advisory Services LLC acquired a new stake in Unilever during the 1st quarter worth $30,000. Brentview Investment Management LLC acquired a new stake in Unilever during the 1st quarter worth $33,000. Richardson Financial Services Inc. boosted its stake in Unilever by 209.0% during the 1st quarter. Richardson Financial Services Inc. now owns 618 shares of the company’s stock worth $37,000 after purchasing an additional 418 shares during the period. Financial Connections Group Inc. acquired a new stake in Unilever during the 2nd quarter worth $39,000. Finally, Marshall & Sullivan Inc. WA acquired a new stake in Unilever during the 2nd quarter worth $55,000. Institutional investors and hedge funds own 9.67% of the company’s stock.

Unilever Stock Down 0.5%

Shares of UL opened at $60.11 on Tuesday. The company has a 50-day simple moving average of $61.43 and a 200-day simple moving average of $61.65. The company has a market capitalization of $147.49 billion, a PE ratio of 17.22, a P/E/G ratio of 4.53 and a beta of 0.40. Unilever PLC has a 52-week low of $54.32 and a 52-week high of $65.66.

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 issued a $0.5175 dividend. The ex-dividend date was Friday, August 15th. This represents a $2.07 dividend on an annualized basis and a dividend yield of 3.4%. This is a boost from Unilever’s previous quarterly dividend of $0.52. Unilever’s payout ratio is 59.31%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of Unilever in a research note on Wednesday, October 8th. CICC Research assumed coverage on shares of Unilever in a research report on Thursday, August 21st. They set an “outperform” rating for the company. Zacks Research upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, September 17th. Finally, Jefferies Financial Group restated an “underperform” rating on shares of Unilever in a research report on Sunday, August 3rd. Three research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $73.00.

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.