Thrivent Financial for Lutherans Has $533,000 Position in Unilever PLC (NYSE:UL)

Thrivent Financial for Lutherans lifted its stake in Unilever PLC (NYSE:UL – Get Rating) by 3.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 10,536 shares of the company’s stock after acquiring an additional 378 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Unilever were worth $533,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of UL. Cambridge Investment Research Advisors Inc. raised its holdings in shares of Unilever by 1.6% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 107,231 shares of the company’s stock valued at $5,399,000 after purchasing an additional 1,681 shares during the period. River Street Advisors LLC acquired a new stake in shares of Unilever in the fourth quarter valued at approximately $713,000. Herr Investment Group LLC bought a new position in shares of Unilever during the 4th quarter worth approximately $356,000. Keating Investment Counselors Inc. lifted its holdings in Unilever by 7.8% during the 4th quarter. Keating Investment Counselors Inc. now owns 118,665 shares of the company’s stock valued at $5,975,000 after purchasing an additional 8,635 shares during the last quarter. Finally, Russell Investments Group Ltd. increased its holdings in shares of Unilever by 12.4% in the fourth quarter. Russell Investments Group Ltd. now owns 209,584 shares of the company’s stock valued at $10,553,000 after purchasing an additional 23,196 shares during the last quarter. Institutional investors own 10.06% of the company’s stock.

Unilever Price Performance

Shares of Unilever stock opened at $51.32 on Friday. The firm has a 50-day moving average of $53.33 and a 200-day moving average of $51.22. Unilever PLC has a 52-week low of $42.44 and a 52-week high of $55.99.

Unilever Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 15th. Shareholders of record on Friday, May 19th will be given a dividend of $0.4569 per share. The ex-dividend date of this dividend is Thursday, May 18th. This represents a $1.83 dividend on an annualized basis and a dividend yield of 3.56%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of Unilever from a “strong-buy” rating to a “buy” rating in a report on Friday, May 19th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $46.00.

About Unilever

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Unilever Plc engages in the manufacture and sale of consumer goods. It operates through the following segments: Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream. The Beauty & Wellbeing segment offers hair care, skin care, and prestige beauty and health & wellbeing. The Personal Care segment consists of sales of skin cleansing, deodorant, and oral care products.