Princeton Global Asset Management LLC Buys 27,389 Shares of Unilever PLC (NYSE:UL)

Princeton Global Asset Management LLC lifted its holdings in Unilever PLC (NYSE:UL) by 9,781.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,669 shares of the company’s stock after purchasing an additional 27,389 shares during the quarter. Princeton Global Asset Management LLC’s holdings in Unilever were worth $1,670,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the company. Smith Salley & Associates boosted its position in shares of Unilever by 0.7% in the 3rd quarter. Smith Salley & Associates now owns 24,658 shares of the company’s stock worth $1,521,000 after purchasing an additional 169 shares in the last quarter. Fiduciary Trust Co. boosted its position in shares of Unilever by 1.2% in the 3rd quarter. Fiduciary Trust Co. now owns 13,966 shares of the company’s stock worth $862,000 after purchasing an additional 169 shares in the last quarter. ProVise Management Group LLC boosted its position in shares of Unilever by 1.4% in the 3rd quarter. ProVise Management Group LLC now owns 13,022 shares of the company’s stock worth $803,000 after purchasing an additional 175 shares in the last quarter. Sequoia Financial Advisors LLC boosted its position in shares of Unilever by 4.5% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 4,043 shares of the company’s stock worth $249,000 after purchasing an additional 175 shares in the last quarter. Finally, Liberty One Investment Management LLC raised its stake in Unilever by 1.2% in the 4th quarter. Liberty One Investment Management LLC now owns 15,655 shares of the company’s stock worth $945,000 after acquiring an additional 183 shares during the last quarter.

Separately, Zacks Investment Research lowered Unilever from a “hold” rating to a “sell” rating in a research note on Wednesday, February 10th. Six equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $57.00.

Shares of NYSE UL traded up $0.88 during trading on Tuesday, reaching $55.19. 163,629 shares of the company traded hands, compared to its average volume of 2,167,824. The firm’s fifty day simple moving average is $57.95 and its 200 day simple moving average is $59.75. The stock has a market cap of $64.49 billion, a P/E ratio of 18.99, a PEG ratio of 4.19 and a beta of 0.44. Unilever PLC has a 12-month low of $44.06 and a 12-month high of $63.89.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 17th. Shareholders of record on Friday, February 26th will be paid a dividend of $0.5139 per share. The ex-dividend date of this dividend is Thursday, February 25th. This represents a $2.06 dividend on an annualized basis and a dividend yield of 3.72%. This is a positive change from Unilever’s previous quarterly dividend of $0.48. Unilever’s dividend payout ratio (DPR) is presently 63.99%.

Unilever Profile

Unilever PLC, together with its subsidiaries, operates in the fast-moving consumer goods industry worldwide. It operates through three segments: Beauty & Personal Care, Foods & Refreshment, and Home Care. The Beauty & Personal Care segment offers skin care and hair care products, deodorants, and skin cleansing products under the Axe, Clear, Dove, Lifebuoy, Lux, Pond's, Rexona, Signal, Suave, Sunsilk, TRESemmé, and Vaseline brands.

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Institutional Ownership by Quarter for Unilever (NYSE:UL)

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