Unilever N.V. (UL) Position Boosted by Main Street Research LLC

Main Street Research LLC boosted its position in shares of Unilever N.V. (NYSE:UL) by 14.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 223,178 shares of the company’s stock after buying an additional 27,347 shares during the period. Main Street Research LLC’s holdings in Unilever were worth $12,268,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Morgan Stanley grew its position in shares of Unilever by 1.3% in the second quarter. Morgan Stanley now owns 2,270,154 shares of the company’s stock valued at $125,494,000 after purchasing an additional 29,426 shares in the last quarter. Wells Fargo & Company MN grew its position in shares of Unilever by 2.7% in the third quarter. Wells Fargo & Company MN now owns 1,705,850 shares of the company’s stock valued at $93,771,000 after purchasing an additional 45,548 shares in the last quarter. Northern Trust Corp grew its position in shares of Unilever by 2.3% in the second quarter. Northern Trust Corp now owns 1,504,555 shares of the company’s stock valued at $83,172,000 after purchasing an additional 33,939 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of Unilever by 1.7% in the second quarter. Dimensional Fund Advisors LP now owns 936,549 shares of the company’s stock valued at $51,772,000 after purchasing an additional 15,730 shares in the last quarter. Finally, Fiera Capital Corp grew its position in shares of Unilever by 20,022.2% in the second quarter. Fiera Capital Corp now owns 774,706 shares of the company’s stock valued at $42,826,000 after purchasing an additional 770,856 shares in the last quarter. Institutional investors own 6.63% of the company’s stock.

UL stock opened at $53.45 on Wednesday. The company has a market capitalization of $65.52 billion, a PE ratio of 21.13, a P/E/G ratio of 3.43 and a beta of 0.77. Unilever N.V. has a 1 year low of $50.74 and a 1 year high of $58.07.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 5th. Stockholders of record on Friday, November 2nd will be given a $0.4487 dividend. The ex-dividend date of this dividend is Thursday, November 1st. This represents a $1.79 dividend on an annualized basis and a dividend yield of 3.36%. Unilever’s dividend payout ratio (DPR) is presently 69.96%.

Separately, JPMorgan Chase & Co. restated a “neutral” rating on shares of Unilever in a research report on Monday, July 16th.

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Unilever Profile

Unilever PLC operates in the fast-moving consumer goods industry worldwide. It operates through Personal Care, Home Care, Foods, and Refreshment segments. The Personal Care segment offers skin care and hair care products, deodorants, and oral care products. The Home Care segment provides home care products, including powders, liquids and capsules, soap bars, and various cleaning products.

Further Reading: Return on Investment (ROI)

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Institutional Ownership by Quarter for Unilever (NYSE:UL)

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