Ritholtz Wealth Management Has $532,000 Stock Holdings in Unilever PLC (NYSE:UL)

Ritholtz Wealth Management increased its position in Unilever PLC (NYSE:UL) by 45.8% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 9,531 shares of the company’s stock after purchasing an additional 2,993 shares during the quarter. Ritholtz Wealth Management’s holdings in Unilever were worth $532,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Focused Wealth Management Inc boosted its stake in Unilever by 68.1% during the 1st quarter. Focused Wealth Management Inc now owns 454 shares of the company’s stock valued at $25,000 after purchasing an additional 184 shares during the last quarter. Stonebridge Capital Advisors LLC boosted its stake in Unilever by 5.3% during the 4th quarter. Stonebridge Capital Advisors LLC now owns 3,775 shares of the company’s stock valued at $228,000 after purchasing an additional 191 shares during the last quarter. Symphony Financial Ltd. Co. boosted its stake in Unilever by 2.6% during the 1st quarter. Symphony Financial Ltd. Co. now owns 7,707 shares of the company’s stock valued at $435,000 after purchasing an additional 196 shares during the last quarter. Baldwin Brothers Inc. MA boosted its stake in Unilever by 4.2% during the 1st quarter. Baldwin Brothers Inc. MA now owns 4,899 shares of the company’s stock valued at $274,000 after purchasing an additional 197 shares during the last quarter. Finally, Mercer Capital Advisers Inc. boosted its stake in Unilever by 4.2% during the 1st quarter. Mercer Capital Advisers Inc. now owns 4,975 shares of the company’s stock valued at $278,000 after purchasing an additional 200 shares during the last quarter. Institutional investors own 8.82% of the company’s stock.

Unilever stock opened at $60.38 on Friday. Unilever PLC has a 52 week low of $51.98 and a 52 week high of $63.89. The business’s 50 day moving average price is $58.90. The company has a market cap of $158.75 billion, a PE ratio of 21.38, a P/E/G ratio of 5.08 and a beta of 0.47.

The company also recently announced a quarterly dividend, which was paid on Thursday, June 10th. Shareholders of record on Friday, May 21st were given a dividend of $0.5159 per share. The ex-dividend date of this dividend was Thursday, May 20th. This represents a $2.06 annualized dividend and a dividend yield of 3.42%. This is a boost from Unilever’s previous quarterly dividend of $0.51. Unilever’s dividend payout ratio (DPR) is currently 72.08%.

A number of equities analysts have issued reports on the company. Zacks Investment Research upgraded Unilever from a “sell” rating to a “hold” rating in a research note on Tuesday, April 13th. Societe Generale reiterated a “sell” rating on shares of Unilever in a research note on Wednesday, April 14th. Four equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $69.00.

About Unilever

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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