Guggenheim Capital LLC Has $1.16 Million Stake in Unilever PLC (NYSE:UL)

Guggenheim Capital LLC grew its holdings in Unilever PLC (NYSE:UL) by 22.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 20,536 shares of the company’s stock after purchasing an additional 3,809 shares during the quarter. Guggenheim Capital LLC’s holdings in Unilever were worth $1,164,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in UL. Golden State Wealth Management LLC acquired a new stake in shares of Unilever in the fourth quarter valued at approximately $26,000. Financial Life Planners acquired a new stake in Unilever in the fourth quarter worth $28,000. VSM Wealth Advisory LLC bought a new stake in shares of Unilever in the 4th quarter valued at $28,000. Roxbury Financial LLC acquired a new stake in shares of Unilever during the fourth quarter worth about $30,000. Finally, Mainstream Capital Management LLC acquired a new position in Unilever in the 4th quarter worth $31,000. Institutional investors own 9.67% of the company’s stock.

Analyst Ratings Changes

Several brokerages have issued reports on UL. DZ Bank upgraded shares of Unilever from a “hold” rating to a “buy” rating in a research note on Friday, February 21st. Sanford C. Bernstein upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. Royal Bank of Canada downgraded Unilever from a “sector perform” rating to an “underperform” rating in a report on Monday, January 6th. Finally, StockNews.com lowered Unilever from a “buy” rating to a “hold” rating in a research note on Friday, April 18th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $66.33.

Unilever Stock Up 2.8 %

NYSE UL opened at $65.48 on Wednesday. The company has a market cap of $162.21 billion, a price-to-earnings ratio of 18.76, a price-to-earnings-growth ratio of 1.60 and a beta of 0.42. The business’s fifty day moving average is $58.96 and its 200 day moving average is $58.81. Unilever PLC has a twelve month low of $47.80 and a twelve month high of $65.87.

Unilever Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, February 28th were issued a $0.4674 dividend. The ex-dividend date was Friday, February 28th. This represents a $1.87 dividend on an annualized basis and a yield of 2.86%. Unilever’s payout ratio is 53.01%.

Unilever Company 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.