Baird Financial Group Inc. decreased its holdings in shares of Unilever PLC (NYSE:UL – Get Rating) by 10.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 206,280 shares of the company’s stock after selling 24,297 shares during the period. Baird Financial Group Inc.’s holdings in Unilever were worth $10,387,000 at the end of the most recent quarter.
Several other hedge funds have also made changes to their positions in the business. Range Financial Group LLC boosted its stake in shares of Unilever by 1.5% during the fourth quarter. Range Financial Group LLC now owns 13,058 shares of the company’s stock worth $657,000 after buying an additional 196 shares during the period. Salvus Wealth Management LLC boosted its stake in shares of Unilever by 1.8% during the fourth quarter. Salvus Wealth Management LLC now owns 11,485 shares of the company’s stock worth $578,000 after buying an additional 200 shares during the period. Keystone Financial Group boosted its stake in shares of Unilever by 1.1% during the fourth quarter. Keystone Financial Group now owns 19,596 shares of the company’s stock worth $987,000 after buying an additional 216 shares during the period. DMG Group LLC boosted its stake in shares of Unilever by 2.1% during the fourth quarter. DMG Group LLC now owns 10,749 shares of the company’s stock worth $543,000 after buying an additional 218 shares during the period. Finally, Columbus Macro LLC boosted its stake in shares of Unilever by 0.7% during the fourth quarter. Columbus Macro LLC now owns 33,036 shares of the company’s stock worth $1,663,000 after buying an additional 220 shares during the period. Institutional investors and hedge funds own 10.06% of the company’s stock.
Analysts Set New Price Targets
Separately, StockNews.com downgraded shares of Unilever from a “strong-buy” rating to a “buy” rating in a research note on Friday, May 19th. One analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $46.00.
Unilever Price Performance
Unilever Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, June 15th. Investors of record on Friday, May 19th will be issued a dividend of $0.4569 per share. The ex-dividend date is Thursday, May 18th. This represents a $1.83 annualized dividend and a yield of 3.67%.
About Unilever
Unilever PLC operates as a fast-moving consumer goods company. It operates through Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream segments. 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, which includes the vitamins, minerals, and supplements.
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