Curbstone Financial Management Corp lowered its position in Unilever PLC (NYSE:UL – Free Report) by 1.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,128 shares of the company’s stock after selling 200 shares during the period. Curbstone Financial Management Corp’s holdings in Unilever were worth $893,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also modified their holdings of UL. Silvercrest Asset Management Group LLC lifted its holdings in Unilever by 15.9% in the fourth quarter. Silvercrest Asset Management Group LLC now owns 123,853 shares of the company’s stock valued at $6,236,000 after acquiring an additional 16,957 shares during the period. Empire Financial Management Company LLC purchased a new stake in Unilever during the first quarter worth about $272,000. Legacy Capital Wealth Partners LLC purchased a new stake in Unilever during the first quarter worth about $386,000. Catalyst Capital Advisors LLC grew its position in Unilever by 498.9% during the fourth quarter. Catalyst Capital Advisors LLC now owns 22,760 shares of the company’s stock worth $1,146,000 after buying an additional 18,960 shares during the period. Finally, LPL Financial LLC increased its holdings in Unilever by 12.4% in the first quarter. LPL Financial LLC now owns 1,092,988 shares of the company’s stock valued at $56,759,000 after buying an additional 120,578 shares in the last quarter. 9.94% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Separately, StockNews.com began coverage on Unilever in a research note on Thursday, August 17th. They set a “buy” rating on the stock.
Unilever Stock Performance
Unilever stock traded up $0.01 during mid-day trading on Thursday, hitting $50.46. 434,217 shares of the company were exchanged, compared to its average volume of 1,927,938. Unilever PLC has a 12-month low of $42.44 and a 12-month high of $55.99. The business’s 50 day simple moving average is $51.68 and its two-hundred day simple moving average is $51.92.
Unilever Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, August 31st. Investors of record on Friday, August 4th were paid a $0.4702 dividend. This is an increase from Unilever’s previous quarterly dividend of $0.46. The ex-dividend date was Thursday, August 3rd. This represents a $1.88 annualized dividend and a yield of 3.73%.
Unilever Company Profile
Unilever PLC operates as a fast-moving consumer goods company. It operates through Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream segments. 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, which includes the vitamins, minerals, and supplements.
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