Unilever PLC (NYSE:UL) Shares Sold by Insight Wealth Strategies LLC

Insight Wealth Strategies LLC lowered its position in shares of Unilever PLC (NYSE:UL) by 11.1% in the first quarter, Holdings Channel.com reports. The fund owned 5,973 shares of the company’s stock after selling 745 shares during the quarter. Insight Wealth Strategies LLC’s holdings in Unilever were worth $333,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. IAG Wealth Partners LLC acquired a new stake in shares of Unilever in the fourth quarter valued at approximately $25,000. Focused Wealth Management Inc grew its position in Unilever by 68.1% in the first quarter. Focused Wealth Management Inc now owns 454 shares of the company’s stock worth $25,000 after acquiring an additional 184 shares during the period. Pin Oak Investment Advisors Inc. grew its position in Unilever by 91.7% in the fourth quarter. Pin Oak Investment Advisors Inc. now owns 485 shares of the company’s stock worth $29,000 after acquiring an additional 232 shares during the period. Valley Brook Capital Group purchased a new position in Unilever in the fourth quarter worth approximately $30,000. Finally, Jones Financial Companies Lllp grew its position in Unilever by 87.7% in the first quarter. Jones Financial Companies Lllp now owns 548 shares of the company’s stock worth $31,000 after acquiring an additional 256 shares during the period. 8.82% of the stock is owned by institutional investors and hedge funds.

Several research analysts recently weighed in on UL shares. Zacks Investment Research upgraded Unilever from a “sell” rating to a “hold” rating in a research report on Tuesday, April 13th. Societe Generale restated a “sell” rating on shares of Unilever in a research report on Wednesday, April 14th. Four research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $69.00.

NYSE:UL opened at $60.25 on Friday. The stock has a market capitalization of $158.41 billion, a price-to-earnings ratio of 21.38, a PEG ratio of 5.08 and a beta of 0.47. The company has a fifty day moving average of $58.90. Unilever PLC has a 12-month low of $51.98 and a 12-month high of $63.89.

The business also recently announced a quarterly dividend, which was paid on Thursday, June 10th. Investors of record on Friday, May 21st were issued a $0.5159 dividend. The ex-dividend date was Thursday, May 20th. This is a positive change from Unilever’s previous quarterly dividend of $0.51. This represents a $2.06 dividend on an annualized basis and a yield of 3.43%. Unilever’s dividend payout ratio (DPR) is 72.08%.

Unilever Company Profile

Unilever PLC operates as a fast-moving consumer goods company in Asia, Africa, the Middle East, Turkey, Russia, Ukraine, Belarus, the Americas, and Europe. It operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment provides skin care and hair care products, deodorants, and skin cleansing products under the Axe, Clear, Dove, Lifebuoy, Lux, Pond's, Rexona, Signal, Suave, Sunsilk, TRESemmé, and Vaseline brands.

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Institutional Ownership by Quarter for Unilever (NYSE:UL)

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