Maia Wealth LLC Has $352,000 Stake in Unilever PLC (NYSE:UL)

Maia Wealth LLC increased its holdings in shares of Unilever PLC (NYSE:UL) by 68.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,056 shares of the company’s stock after buying an additional 2,467 shares during the quarter. Maia Wealth LLC’s holdings in Unilever were worth $352,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the business. Stonegate Investment Group LLC boosted its position in Unilever by 155.2% during the fourth quarter. Stonegate Investment Group LLC now owns 8,415 shares of the company’s stock valued at $477,000 after purchasing an additional 5,117 shares during the last quarter. Oppenheimer Asset Management Inc. lifted its stake in shares of Unilever by 1.5% in the fourth quarter. Oppenheimer Asset Management Inc. now owns 655,964 shares of the company’s stock worth $37,193,000 after buying an additional 9,528 shares during the last quarter. Verition Fund Management LLC bought a new stake in Unilever during the third quarter valued at about $11,694,000. WCM Investment Management LLC boosted its stake in Unilever by 236.2% during the 3rd quarter. WCM Investment Management LLC now owns 30,520 shares of the company’s stock valued at $1,997,000 after purchasing an additional 21,441 shares during the period. Finally, Radnor Capital Management LLC acquired a new stake in shares of Unilever in the third quarter worth $1,388,000. 9.67% of the stock is owned by institutional investors and hedge funds.

Unilever Stock Up 0.3 %

Shares of UL opened at $56.61 on Monday. The stock’s fifty day simple moving average is $56.59 and its 200-day simple moving average is $59.92. The firm has a market capitalization of $140.48 billion, a PE ratio of 16.22, a price-to-earnings-growth ratio of 1.60 and a beta of 0.50. Unilever PLC has a 12-month low of $46.46 and a 12-month high of $65.87.

Unilever Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, February 28th will be paid a $0.4674 dividend. This represents a $1.87 annualized dividend and a dividend yield of 3.30%. The ex-dividend date is Friday, February 28th. Unilever’s dividend payout ratio (DPR) is presently 53.01%.

Analyst Ratings Changes

A number of research firms have weighed in on UL. Royal Bank of Canada downgraded shares of Unilever from a “sector perform” rating to an “underperform” rating in a research note on Monday, January 6th. Sanford C. Bernstein upgraded Unilever from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 9th. DZ Bank upgraded Unilever from a “hold” rating to a “buy” rating in a research note on Friday, February 21st. StockNews.com downgraded shares of Unilever from a “buy” rating to a “hold” rating in a research report on Wednesday, February 26th. Finally, Erste Group Bank restated a “hold” rating on shares of Unilever in a research report on Tuesday, November 19th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Unilever currently has a consensus rating of “Moderate Buy” and a consensus price target of $66.33.

About Unilever

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.