apricus wealth LLC Sells 1,263 Shares of Unilever PLC $UL

apricus wealth LLC decreased its position in Unilever PLC (NYSE:UL) by 2.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 57,473 shares of the company’s stock after selling 1,263 shares during the period. Unilever comprises approximately 2.0% of apricus wealth LLC’s portfolio, making the stock its 14th biggest holding. apricus wealth LLC’s holdings in Unilever were worth $3,516,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of UL. Bank of New York Mellon Corp increased its holdings in Unilever by 33.2% in the 1st quarter. Bank of New York Mellon Corp now owns 934,804 shares of the company’s stock worth $55,668,000 after acquiring an additional 232,945 shares during the last quarter. Wellington Management Group LLP boosted its position in Unilever by 13.9% during the first quarter. Wellington Management Group LLP now owns 28,100,442 shares of the company’s stock worth $1,673,381,000 after purchasing an additional 3,421,054 shares during the period. Russell Investments Group Ltd. increased its stake in shares of Unilever by 65.1% in the first quarter. Russell Investments Group Ltd. now owns 232,096 shares of the company’s stock worth $13,821,000 after purchasing an additional 91,511 shares in the last quarter. Banco Santander S.A. raised its position in shares of Unilever by 70.6% in the first quarter. Banco Santander S.A. now owns 15,030 shares of the company’s stock valued at $895,000 after purchasing an additional 6,220 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in shares of Unilever by 7.9% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 211,767 shares of the company’s stock valued at $12,996,000 after buying an additional 15,421 shares in the last quarter. 9.67% of the stock is owned by institutional investors.

Unilever Price Performance

Shares of Unilever stock opened at $62.93 on Tuesday. Unilever PLC has a 1 year low of $54.32 and a 1 year high of $65.66. The firm has a market cap of $154.42 billion, a PE ratio of 18.03, a PEG ratio of 4.75 and a beta of 0.40. The company has a 50 day simple moving average of $61.55 and a two-hundred day simple moving average of $61.71.

Unilever Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 12th. Investors of record on Friday, August 15th were paid a $0.5175 dividend. This is a boost from Unilever’s previous quarterly dividend of $0.52. This represents a $2.07 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend was Friday, August 15th. Unilever’s payout ratio is currently 59.31%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on UL shares. Zacks Research cut shares of Unilever from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 16th. CICC Research assumed coverage on Unilever in a research report on Thursday, August 21st. They issued an “outperform” rating for the company. Weiss Ratings reiterated a “buy (b)” rating on shares of Unilever in a research note on Wednesday, October 8th. Finally, Jefferies Financial Group restated an “underperform” rating on shares of Unilever in a research note on Sunday, August 3rd. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Unilever currently has an average rating of “Moderate Buy” and an average 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.