Unilever PLC (UL) Shares Bought by Coastline Trust Co
Coastline Trust Co increased its position in Unilever PLC (NYSE:UL) by 1.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 4,375 shares of the company’s stock after purchasing an additional 50 shares during the quarter. Coastline Trust Co’s holdings in Unilever PLC were worth $236,000 as of its most recent SEC filing.
Several other hedge funds have also recently modified their holdings of UL. Karp Capital Management Corp bought a new stake in shares of Unilever PLC in the 1st quarter valued at about $3,805,000. Sei Investments Co. raised its holdings in shares of Unilever PLC by 358.3% in the 1st quarter. Sei Investments Co. now owns 50,830 shares of the company’s stock valued at $2,508,000 after purchasing an additional 39,740 shares during the period. TD Asset Management Inc. raised its holdings in shares of Unilever PLC by 14.8% in the 1st quarter. TD Asset Management Inc. now owns 191,754 shares of the company’s stock valued at $9,461,000 after purchasing an additional 24,717 shares during the period. Ameriprise Financial Inc. raised its holdings in shares of Unilever PLC by 94.7% in the 1st quarter. Ameriprise Financial Inc. now owns 2,467,891 shares of the company’s stock valued at $124,783,000 after purchasing an additional 1,200,280 shares during the period. Finally, Toronto Dominion Bank raised its holdings in shares of Unilever PLC by 358.3% in the 1st quarter. Toronto Dominion Bank now owns 11,752 shares of the company’s stock valued at $581,000 after purchasing an additional 9,188 shares during the period. 7.28% of the stock is currently owned by institutional investors.
A number of equities research analysts have recently issued reports on the stock. Zacks Investment Research raised shares of Unilever PLC from a “hold” rating to a “buy” rating and set a $66.00 target price on the stock in a report on Saturday, September 9th. J P Morgan Chase & Co reissued a “neutral” rating on shares of Unilever PLC in a report on Thursday, September 7th. Royal Bank Of Canada cut shares of Unilever PLC from a “sector perform” rating to an “underperform” rating in a report on Friday, August 11th. Finally, UBS AG reissued a “neutral” rating on shares of Unilever PLC in a report on Monday, July 17th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $46.00.
Unilever PLC (NYSE:UL) opened at 58.59 on Thursday. Unilever PLC has a 12-month low of $38.58 and a 12-month high of $59.68. The company has a market capitalization of $164.78 billion, a PE ratio of 24.65 and a beta of 0.88. The firm has a 50-day moving average of $57.63 and a 200 day moving average of $53.68.
The company also recently declared a quarterly dividend, which was paid on Wednesday, September 6th. Investors of record on Friday, August 4th were issued a dividend of $0.409 per share. The ex-dividend date of this dividend was Wednesday, August 2nd. This is a boost from Unilever PLC’s previous quarterly dividend of $0.38. This represents a $1.64 annualized dividend and a yield of 2.79%.
About Unilever PLC
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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