Roundview Capital LLC Decreases Position in Unilever PLC $UL

Roundview Capital LLC cut its position in Unilever PLC (NYSE:UL) by 6.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 11,797 shares of the company’s stock after selling 860 shares during the period. Roundview Capital LLC’s holdings in Unilever were worth $722,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of UL. Brighton Jones LLC raised its holdings in Unilever by 5.4% in the fourth quarter. Brighton Jones LLC now owns 10,572 shares of the company’s stock worth $599,000 after buying an additional 539 shares during the last quarter. UMB Bank n.a. grew its stake in shares of Unilever by 13.0% in the first quarter. UMB Bank n.a. now owns 11,322 shares of the company’s stock worth $674,000 after acquiring an additional 1,304 shares during the period. Wedmont Private Capital grew its stake in shares of Unilever by 3.8% in the first quarter. Wedmont Private Capital now owns 5,418 shares of the company’s stock worth $335,000 after acquiring an additional 198 shares during the period. Park Avenue Securities LLC grew its stake in shares of Unilever by 27.7% in the first quarter. Park Avenue Securities LLC now owns 60,376 shares of the company’s stock worth $3,595,000 after acquiring an additional 13,107 shares during the period. Finally, Farther Finance Advisors LLC grew its stake in shares of Unilever by 0.3% in the first quarter. Farther Finance Advisors LLC now owns 80,953 shares of the company’s stock worth $4,822,000 after acquiring an additional 206 shares during the period. 9.67% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on UL. Zacks Research upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, September 17th. Weiss Ratings restated a “buy (b)” rating on shares of Unilever in a research report on Saturday, September 27th. CICC Research started coverage on shares of Unilever in a research report on Thursday, August 21st. They set an “outperform” rating for the company. Finally, Jefferies Financial Group reaffirmed an “underperform” rating on shares of Unilever in a report on Sunday, August 3rd. Three equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, two have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $73.00.

Unilever Stock Up 0.1%

Unilever stock opened at $58.62 on Wednesday. The company has a market cap of $143.82 billion, a price-to-earnings ratio of 16.80, a PEG ratio of 3.53 and a beta of 0.40. The firm’s fifty day moving average is $61.43 and its 200 day moving average is $61.60. Unilever PLC has a 52-week low of $54.32 and a 52-week high of $65.66.

Unilever Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 12th. Investors of record on Friday, August 15th were paid a dividend of $0.5175 per share. The ex-dividend date of this dividend was Friday, August 15th. This is a positive change from Unilever’s previous quarterly dividend of $0.52. This represents a $2.07 dividend on an annualized basis and a yield of 3.5%. Unilever’s payout ratio is currently 59.31%.

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.