Unilever PLC (NYSE:UL) Shares Acquired by DecisionMap Wealth Management LLC

DecisionMap Wealth Management LLC increased its stake in Unilever PLC (NYSE:UL) by 8.3% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 9,681 shares of the company’s stock after acquiring an additional 745 shares during the quarter. DecisionMap Wealth Management LLC’s holdings in Unilever were worth $576,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of UL. Fisher Asset Management LLC grew its holdings in shares of Unilever by 7.3% during the fourth quarter. Fisher Asset Management LLC now owns 17,940,963 shares of the company’s stock valued at $1,017,253,000 after buying an additional 1,214,563 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of Unilever by 3.4% during the fourth quarter. Bank of America Corp DE now owns 7,906,824 shares of the company’s stock valued at $448,317,000 after buying an additional 257,538 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Unilever by 5.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 5,103,075 shares of the company’s stock valued at $289,345,000 after buying an additional 250,053 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Unilever by 9.3% during the fourth quarter. Envestnet Asset Management Inc. now owns 3,830,532 shares of the company’s stock valued at $217,191,000 after buying an additional 327,329 shares in the last quarter. Finally, Clearbridge Investments LLC grew its holdings in shares of Unilever by 140.1% during the fourth quarter. Clearbridge Investments LLC now owns 3,719,284 shares of the company’s stock valued at $210,883,000 after buying an additional 2,170,242 shares in the last quarter. 9.67% of the stock is currently owned by institutional investors and hedge funds.

Unilever Price Performance

Shares of NYSE UL opened at $62.10 on Friday. The business’s 50-day moving average price is $62.99 and its two-hundred day moving average price is $59.52. Unilever PLC has a one year low of $54.32 and a one year high of $65.87. The company has a market capitalization of $152.43 billion, a P/E ratio of 17.79, a price-to-earnings-growth ratio of 3.46 and a beta of 0.43.

Unilever Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 13th. Shareholders of record on Friday, May 16th were paid a $0.5151 dividend. The ex-dividend date of this dividend was Friday, May 16th. This represents a $2.06 dividend on an annualized basis and a yield of 3.32%. This is an increase from Unilever’s previous quarterly dividend of $0.47. Unilever’s payout ratio is 59.03%.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. UBS Group upgraded Unilever from a “strong sell” rating to a “hold” rating in a report on Friday, May 2nd. DZ Bank upgraded Unilever from a “hold” rating to a “buy” rating in a report on Friday, February 21st. BNP Paribas upgraded Unilever to a “strong-buy” rating in a report on Thursday, May 29th. Wall Street Zen downgraded Unilever from a “buy” rating to a “hold” rating in a report on Tuesday, May 6th. Finally, BNP Paribas Exane assumed coverage on Unilever in a research report on Thursday, May 29th. They set an “outperform” rating and a $73.00 price objective for the company. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, four have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, Unilever presently has a consensus rating of “Moderate Buy” and a consensus price target of $70.67.

About Unilever

Unilever PLC operates as a fast-moving consumer goods company in the Asia Pacific, Africa, the Americas, and Europe. It operates through five segments: Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream. The Beauty & Wellbeing segment engages in the sale of hair care products, such as shampoo, conditioner, and styling; skin care products including face, hand, and body moisturizer; and prestige beauty and health & wellbeing products consist of the vitamins, minerals, and supplements.