Pinkerton Retirement Specialists LLC Increases Holdings in Unilever N.V. (UL)
Pinkerton Retirement Specialists LLC boosted its stake in Unilever N.V. (NYSE:UL) by 0.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 44,746 shares of the company’s stock after acquiring an additional 210 shares during the period. Unilever accounts for about 1.2% of Pinkerton Retirement Specialists LLC’s holdings, making the stock its 24th biggest position. Pinkerton Retirement Specialists LLC’s holdings in Unilever were worth $2,338,000 as of its most recent filing with the SEC.
A number of other hedge funds also recently made changes to their positions in UL. Highwater Wealth Management LLC purchased a new position in shares of Unilever in the fourth quarter worth about $29,000. CNB Bank purchased a new position in shares of Unilever in the fourth quarter worth about $30,000. Lindbrook Capital LLC purchased a new position in shares of Unilever in the fourth quarter worth about $31,000. Sontag Advisory LLC purchased a new position in shares of Unilever in the fourth quarter worth about $33,000. Finally, Camarda Financial Advisors LLC increased its stake in shares of Unilever by 84.5% in the fourth quarter. Camarda Financial Advisors LLC now owns 906 shares of the company’s stock worth $47,000 after purchasing an additional 415 shares in the last quarter. 6.44% of the stock is currently owned by institutional investors and hedge funds.
Several research firms have recently weighed in on UL. Zacks Investment Research upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating and set a $66.00 target price for the company in a research note on Friday. UBS Group downgraded shares of Unilever from a “buy” rating to a “neutral” rating in a research note on Tuesday, January 8th. JPMorgan Chase & Co. reaffirmed a “sell” rating on shares of Unilever in a research note on Wednesday, January 30th. BNP Paribas cut shares of Unilever from an “outperform” rating to a “neutral” rating in a research note on Wednesday, February 27th. Finally, Exane BNP Paribas cut shares of Unilever from an “outperform” rating to a “neutral” rating in a research note on Wednesday, February 27th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a strong buy rating to the company. Unilever has an average rating of “Hold” and an average price target of $66.00.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 20th. Investors of record on Friday, February 15th were paid a dividend of $0.442 per share. The ex-dividend date was Thursday, February 14th. This represents a $1.77 annualized dividend and a yield of 3.09%. This is a boost from Unilever’s previous quarterly dividend of $0.35. Unilever’s payout ratio is currently 63.18%.
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Unilever PLC operates in the fast-moving consumer goods industry worldwide. It operates through Personal Care, Home Care, Foods, and Refreshment segments. The Personal Care segment offers skin care and hair care products, deodorants, and oral care products. The Home Care segment provides home care products, including powders, liquids and capsules, soap bars, and various cleaning products.
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