Unilever PLC (UL) Shares Sold by Fiduciary Management Inc. WI
Fiduciary Management Inc. WI trimmed its stake in shares of Unilever PLC (NYSE:UL) by 50.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,262,114 shares of the company’s stock after selling 5,353,409 shares during the period. Unilever PLC accounts for 1.7% of Fiduciary Management Inc. WI’s portfolio, making the stock its 26th largest holding. Fiduciary Management Inc. WI owned approximately 0.19% of Unilever PLC worth $284,786,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds also recently bought and sold shares of UL. Karp Capital Management Corp purchased a new position in Unilever PLC during the first quarter valued at $3,805,000. Sei Investments Co. grew its stake in Unilever PLC by 358.3% during the first quarter. Sei Investments Co. now owns 50,830 shares of the company’s stock valued at $2,508,000 after acquiring an additional 39,740 shares in the last quarter. TD Asset Management Inc. grew its stake in Unilever PLC by 14.8% during the first quarter. TD Asset Management Inc. now owns 191,754 shares of the company’s stock valued at $9,461,000 after acquiring an additional 24,717 shares in the last quarter. CIBC World Markets Inc. grew its stake in Unilever PLC by 0.7% during the first quarter. CIBC World Markets Inc. now owns 160,596 shares of the company’s stock valued at $7,924,000 after acquiring an additional 1,127 shares in the last quarter. Finally, Kayne Anderson Rudnick Investment Management LLC grew its stake in Unilever PLC by 15.3% during the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 80,424 shares of the company’s stock valued at $3,968,000 after acquiring an additional 10,682 shares in the last quarter. 7.28% of the stock is owned by institutional investors.
Shares of Unilever PLC (NYSE UL) traded up 0.77% during trading on Friday, hitting $58.98. 1,141,185 shares of the company’s stock were exchanged. The company has a market cap of $165.88 billion, a P/E ratio of 24.81 and a beta of 0.88. The company has a 50-day moving average of $57.78 and a 200-day moving average of $53.83. Unilever PLC has a 12-month low of $38.58 and a 12-month high of $59.68.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 6th. Shareholders of record on Friday, August 4th were given 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 dividend on an annualized basis and a yield of 2.77%.
Several equities analysts recently weighed in on UL shares. Zacks Investment Research cut shares of Unilever PLC from a “buy” rating to a “hold” rating in a research note on Thursday, June 22nd. UBS AG reaffirmed a “neutral” rating on shares of Unilever PLC in a research note on Monday, July 17th. J P Morgan Chase & Co reaffirmed a “neutral” rating on shares of Unilever PLC in a research note on Thursday, September 7th. Finally, Royal Bank Of Canada cut shares of Unilever PLC from a “sector perform” rating to an “underperform” rating in a research note on Friday, August 11th. Three analysts have rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the stock. Unilever PLC has an average rating of “Hold” and a consensus price target of $46.00.
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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