America First Investment Advisors LLC lessened its holdings in shares of Unilever PLC (NYSE:UL) by 1.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 245,451 shares of the company’s stock after selling 3,199 shares during the quarter. Unilever makes up approximately 4.2% of America First Investment Advisors LLC’s investment portfolio, making the stock its 15th largest position. America First Investment Advisors LLC’s holdings in Unilever were worth $13,704,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also made changes to their positions in the company. IAG Wealth Partners LLC acquired a new position in Unilever during the fourth quarter worth approximately $25,000. NuWave Investment Management LLC acquired a new position in shares of Unilever in the fourth quarter valued at approximately $28,000. Atticus Wealth Management LLC acquired a new position in shares of Unilever in the fourth quarter valued at approximately $28,000. Pin Oak Investment Advisors Inc. grew its position in shares of Unilever by 91.7% in the fourth quarter. Pin Oak Investment Advisors Inc. now owns 485 shares of the company’s stock valued at $29,000 after purchasing an additional 232 shares during the last quarter. Finally, Valley Brook Capital Group acquired a new position in shares of Unilever in the fourth quarter valued at approximately $30,000.
UL has been the topic of a number of analyst reports. Zacks Investment Research raised 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 note on Wednesday, April 14th. Four research analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company’s stock. Unilever presently has an average rating of “Hold” and an average target price of $69.00.
Shares of UL traded down $0.66 during trading hours on Tuesday, reaching $58.55. The stock had a trading volume of 88,944 shares, compared to its average volume of 2,228,707. Unilever PLC has a 12 month low of $49.75 and a 12 month high of $63.89. The stock has a market capitalization of $153.94 billion, a PE ratio of 20.43, a PEG ratio of 4.19 and a beta of 0.44. The company’s 50-day moving average is $56.62 and its two-hundred day moving average is $57.98.
The company also recently declared a quarterly dividend, which will be paid on Thursday, June 10th. Stockholders of record on Friday, May 21st will be paid a $0.5159 dividend. This represents a $2.06 dividend on an annualized basis and a dividend yield of 3.52%. This is a boost from Unilever’s previous quarterly dividend of $0.51. The ex-dividend date is Thursday, May 20th. Unilever’s dividend payout ratio is presently 71.33%.
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, TRESemmÃ©, and Vaseline brands.
Featured Article: Certificate of Deposit (CD) For Risk Adverse Investors?