Unilever PLC (NYSE:UL) Stock Position Increased by Fulcrum Capital LLC

Fulcrum Capital LLC boosted its holdings in Unilever PLC (NYSE:UL) by 7.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 5,585 shares of the company’s stock after buying an additional 365 shares during the quarter. Fulcrum Capital LLC’s holdings in Unilever were worth $317,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Abich Financial Wealth Management LLC raised its position in shares of Unilever by 393.5% during the second quarter. Abich Financial Wealth Management LLC now owns 533 shares of the company’s stock valued at $29,000 after buying an additional 425 shares during the last quarter. E Fund Management Hong Kong Co. Ltd. acquired a new stake in shares of Unilever in the third quarter valued at approximately $35,000. Jamison Private Wealth Management Inc. boosted its position in Unilever by 202.5% during the third quarter. Jamison Private Wealth Management Inc. now owns 605 shares of the company’s stock valued at $39,000 after purchasing an additional 405 shares during the last quarter. Brooklyn Investment Group acquired a new stake in Unilever in the third quarter valued at $40,000. Finally, Coastline Trust Co acquired a new stake in Unilever during the 3rd quarter valued at $48,000. 9.67% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

UL has been the topic of several recent research reports. StockNews.com cut Unilever from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th. Royal Bank of Canada cut shares of Unilever from a “sector perform” rating to an “underperform” rating in a research note on Monday, January 6th. Finally, Erste Group Bank reissued a “hold” rating on shares of Unilever in a report on Tuesday, November 19th. Three analysts have rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, Unilever has an average rating of “Hold” and a consensus target price of $61.75.

Unilever Stock Performance

UL traded down $0.09 during midday trading on Monday, hitting $55.04. The stock had a trading volume of 1,329,694 shares, compared to its average volume of 2,085,192. The business has a fifty day moving average of $58.13 and a 200 day moving average of $60.35. Unilever PLC has a 1 year low of $46.46 and a 1 year high of $65.87. The company has a market cap of $136.39 billion, a P/E ratio of 16.58, a price-to-earnings-growth ratio of 1.80 and a beta of 0.49.

Unilever Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Friday, November 8th were paid a $0.4755 dividend. This represents a $1.90 annualized dividend and a dividend yield of 3.46%. The ex-dividend date of this dividend was Friday, November 8th. This is a boost from Unilever’s previous quarterly dividend of $0.35. Unilever’s dividend payout ratio is 56.63%.

Unilever Profile

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.