Unilever PLC (UL) Shares Sold by US Bancorp DE
US Bancorp DE reduced its stake in shares of Unilever PLC (NYSE:UL) by 0.3% during the third quarter, Holdings Channel reports. The institutional investor owned 198,767 shares of the company’s stock after selling 691 shares during the period. US Bancorp DE’s holdings in Unilever PLC were worth $9,422,000 as of its most recent SEC filing.
Other institutional investors have also recently bought and sold shares of the company. Integrated Wealth Management increased its position in shares of Unilever PLC by 0.7% in the second quarter. Integrated Wealth Management now owns 2,601 shares of the company’s stock worth $125,000 after buying an additional 17 shares during the period. Quadrant Capital Group LLC increased its position in shares of Unilever PLC by 0.3% in the third quarter. Quadrant Capital Group LLC now owns 6,237 shares of the company’s stock worth $290,000 after buying an additional 21 shares during the period. Point View Wealth Management Inc. increased its position in shares of Unilever PLC by 0.4% in the second quarter. Point View Wealth Management Inc. now owns 7,386 shares of the company’s stock worth $354,000 after buying an additional 33 shares during the period. Sunbelt Securities Inc. increased its position in shares of Unilever PLC by 0.8% in the second quarter. Sunbelt Securities Inc. now owns 6,354 shares of the company’s stock worth $304,000 after buying an additional 49 shares during the period. Finally, Trust Co. of Oklahoma increased its position in shares of Unilever PLC by 0.6% in the second quarter. Trust Co. of Oklahoma now owns 8,509 shares of the company’s stock worth $408,000 after buying an additional 50 shares during the period. Hedge funds and other institutional investors own 8.56% of the company’s stock.
Shares of Unilever PLC (NYSE:UL) traded up 1.47% during midday trading on Wednesday, reaching $40.07. The company’s stock had a trading volume of 2,591,297 shares. The stock has a 50-day moving average price of $41.54 and a 200-day moving average price of $45.22. Unilever PLC has a 52-week low of $38.58 and a 52-week high of $48.97. The stock has a market cap of $113.75 billion, a price-to-earnings ratio of 21.88 and a beta of 0.81.
The company also recently disclosed a dividend, which will be paid on Wednesday, December 7th. Investors of record on Friday, October 28th will be issued a dividend of $0.35 per share. The ex-dividend date is Wednesday, October 26th.
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UL has been the subject of a number of analyst reports. Zacks Investment Research upgraded Unilever PLC from a “sell” rating to a “hold” rating in a research report on Wednesday, November 16th. JPMorgan Chase & Co. restated an “overweight” rating on shares of Unilever PLC in a research report on Monday, October 3rd. Deutsche Bank AG reaffirmed a “buy” rating on shares of Unilever PLC in a research note on Thursday, August 25th. Finally, Sanford C. Bernstein began coverage on Unilever PLC in a research note on Monday, August 22nd. They set an “outperform” rating for the company. One investment analyst has rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the company’s stock. Unilever PLC currently has a consensus rating of “Hold” and an average target price of $51.00.
About Unilever PLC
Unilever PLC is a supplier of food, home and personal care products. The Company’s portfolio ranges from nutritionally balanced foods to indulgent ice creams, soaps, shampoos and household care products. The Company operates through four segments: Personal Care, Foods, Home Care and Refreshment. The Personal Care segment includes sales of skin care and hair care products, deodorants and oral care products.
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