Tyler Stone Wealth Management Grows Position in Unilever PLC (NYSE:UL)

Tyler Stone Wealth Management boosted its holdings in shares of Unilever PLC (NYSE:UL) by 2.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,576 shares of the company’s stock after acquiring an additional 180 shares during the period. Tyler Stone Wealth Management’s holdings in Unilever were worth $373,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the business. Raymond James Financial Inc. bought a new position in shares of Unilever during the fourth quarter valued at approximately $176,806,000. Jennison Associates LLC lifted its holdings in Unilever by 66.4% during the fourth quarter. Jennison Associates LLC now owns 3,454,686 shares of the company’s stock worth $195,881,000 after buying an additional 1,378,517 shares during the period. Fisher Asset Management LLC boosted its position in Unilever by 7.3% during the 4th quarter. Fisher Asset Management LLC now owns 17,940,963 shares of the company’s stock valued at $1,017,253,000 after acquiring an additional 1,214,563 shares in the last quarter. Proficio Capital Partners LLC purchased a new position in shares of Unilever in the 4th quarter valued at $11,895,000. Finally, Hamlin Capital Management LLC raised its position in shares of Unilever by 7.8% in the 4th quarter. Hamlin Capital Management LLC now owns 2,874,929 shares of the company’s stock worth $163,008,000 after acquiring an additional 207,549 shares in the last quarter. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Unilever Stock Up 0.1 %

UL opened at $58.17 on Thursday. The company has a market cap of $144.09 billion, a P/E ratio of 16.67, a price-to-earnings-growth ratio of 1.60 and a beta of 0.47. The firm’s 50-day moving average price is $57.48 and its 200-day moving average price is $59.34. Unilever PLC has a 52-week low of $46.46 and a 52-week high of $65.87.

Unilever Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, February 28th will be paid a dividend of $0.4674 per share. The ex-dividend date is Friday, February 28th. This represents a $1.87 dividend on an annualized basis and a yield of 3.21%. Unilever’s payout ratio is 53.01%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. DZ Bank raised Unilever from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. StockNews.com upgraded shares of Unilever from a “hold” rating to a “buy” rating in a report on Friday, March 7th. Royal Bank of Canada downgraded shares of Unilever from a “sector perform” rating to an “underperform” rating in a research report on Monday, January 6th. Finally, Sanford C. Bernstein raised shares of Unilever from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 9th. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $66.33.

Unilever Company 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.