Telos Capital Management Inc. bought a new position in Unilever PLC (NYSE:UL) during the second quarter, Holdings Channel reports. The institutional investor bought 4,414 shares of the company’s stock, valued at approximately $239,000.

A number of other institutional investors have also recently made changes to their positions in the company. Harding Loevner LP increased its position in shares of Unilever PLC by 8.7% in the first quarter. Harding Loevner LP now owns 2,459,108 shares of the company’s stock worth $121,332,000 after buying an additional 197,199 shares in the last quarter. Nepsis Capital Management Inc. increased its position in shares of Unilever PLC by 2.3% in the first quarter. Nepsis Capital Management Inc. now owns 8,622 shares of the company’s stock worth $425,000 after buying an additional 195 shares in the last quarter. Forte Capital LLC ADV increased its position in Unilever PLC by 11.2% in the first quarter. Forte Capital LLC ADV now owns 19,455 shares of the company’s stock valued at $960,000 after buying an additional 1,960 shares during the period. Carroll Financial Associates Inc. increased its position in Unilever PLC by 12.2% in the first quarter. Carroll Financial Associates Inc. now owns 2,374 shares of the company’s stock valued at $117,000 after buying an additional 258 shares during the period. Finally, Murphy Capital Management Inc. increased its position in Unilever PLC by 11.8% in the first quarter. Murphy Capital Management Inc. now owns 23,963 shares of the company’s stock valued at $1,182,000 after buying an additional 2,525 shares during the period. Institutional investors and hedge funds own 8.41% of the company’s stock.

Unilever PLC (NYSE:UL) opened at 56.88 on Friday. The firm has a market cap of $159.98 billion, a P/E ratio of 24.10 and a beta of 0.88. The stock’s 50 day moving average is $55.16 and its 200 day moving average is $50.55. Unilever PLC has a 12-month low of $38.58 and a 12-month high of $57.45.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 6th. Stockholders of record on Friday, August 4th will be given a dividend of $0.409 per share. This represents a $1.64 annualized dividend and a dividend yield of 2.88%. The ex-dividend date of this dividend is Wednesday, August 2nd. This is a positive change from Unilever PLC’s previous quarterly dividend of $0.38.

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UL has been the topic of several recent analyst reports. Zacks Investment Research downgraded shares of Unilever PLC from a “buy” rating to a “hold” rating in a report on Thursday, June 22nd. UBS AG restated a “neutral” rating on shares of Unilever PLC in a report on Monday, July 17th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $43.50.

Unilever PLC Company Profile

Unilever PLC is a fast-moving consumer goods (FMCG) company. The Company’s segments include Personal Care, which primarily includes sales of skin care and hair care products, deodorants and oral care products; Foods, which primarily includes sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads; Home Care, which primarily includes sales of home care products, such as powders, liquids and capsules, soap bars and a range of cleaning products, and Refreshment, which primarily includes sales of ice cream and tea-based beverages.

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Institutional Ownership by Quarter for Unilever PLC (NYSE:UL)

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