CORDA Investment Management LLC. lowered its stake in shares of Unilever N.V. (NYSE:UL) by 1.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 297,849 shares of the company’s stock after selling 5,690 shares during the period. Unilever makes up approximately 1.9% of CORDA Investment Management LLC.’s portfolio, making the stock its 24th biggest holding. CORDA Investment Management LLC.’s holdings in Unilever were worth $16,372,000 at the end of the most recent reporting period.
A number of other large investors also recently bought and sold shares of the business. Morgan Stanley raised its stake in shares of Unilever by 1.3% in the 2nd quarter. Morgan Stanley now owns 2,270,154 shares of the company’s stock valued at $125,494,000 after acquiring an additional 29,426 shares during the period. Wells Fargo & Company MN raised its stake in shares of Unilever by 2.7% in the 3rd quarter. Wells Fargo & Company MN now owns 1,705,850 shares of the company’s stock valued at $93,771,000 after acquiring an additional 45,548 shares during the period. Northern Trust Corp raised its stake in shares of Unilever by 2.3% in the 2nd quarter. Northern Trust Corp now owns 1,504,555 shares of the company’s stock valued at $83,172,000 after acquiring an additional 33,939 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Unilever by 1.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 936,549 shares of the company’s stock valued at $51,772,000 after acquiring an additional 15,730 shares during the period. Finally, Fiera Capital Corp raised its stake in shares of Unilever by 20,022.2% in the 2nd quarter. Fiera Capital Corp now owns 774,706 shares of the company’s stock valued at $42,826,000 after acquiring an additional 770,856 shares during the period. 6.63% of the stock is currently owned by institutional investors.
Separately, JPMorgan Chase & Co. reissued a “neutral” rating on shares of Unilever in a research note on Monday, July 16th.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 5th. Stockholders of record on Friday, November 2nd will be paid a $0.4487 dividend. This represents a $1.79 dividend on an annualized basis and a dividend yield of 3.36%. The ex-dividend date is Thursday, November 1st. Unilever’s dividend payout ratio is presently 69.96%.
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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.
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