Unilever PLC (NYSE:UL).
Cgov Asset Management says it lowered its investment in Unilever PLC by 361,669 shares in the last quarter. Its stake was worth $56,326,000 a decrease of $20,138,000 as of the end of the quarter.
Here are a few other firms who have updated their positions. As of the end of the quarter Narwhal Capital Management had sold 500 shares trimming its holdings by 0.5%. The value of the investment in Unilever PLC increased from $4,694,000 to $5,122,000 a change of $428,000 since the last quarter. As of quarter end Northwest Investment Counselors, LLC had disposed of a total of 914 shares trimming its position 2.1%. The value of the company’s investment in Unilever PLC went from $2,128,000 to $2,285,000 a change of 7.4% for the reporting period.
Pennsylvania Trust Co augmented its holdings by buying 10,264 shares an increase of 37.8%. Pennsylvania Trust Co now holds 37,411 shares with a value of $2,025,000. The value of the position overall is up by 51.2%.
On December 13 the company was set at “Buy” according to a Jefferies report up from the previous “Underperform” rating. On December 7 the stock rating was downgraded to “Neutral” from “Overweight” in a report issued by JP Morgan.
On December 6, 2016 the stock rating was changed to a “Neutral” in a report from UBS a cut from the previous “” rating. On August 22 analysts at Bernstein initiated coverage by announcing an initial rating of “Outperform”.
On January 12 the company was upgraded from “Underweight” to “Overweight” in a report from JP Morgan. On August 12 the company was rated “Sell” by Goldman Sachs which is down from the previous “Neutral” rating.
The company is so far trading up by 0.87% since yesterday’s close of $54.33. Additionally Unilever PLC announced a dividend paid on Wednesday June 7th, 2017. The dividend payment was $0.383 per share for the quarter or $1.53 on an annualized basis. This dividend represents a yield of $2.85. The ex-dividend date was Wednesday the 3rd of May 2017.
Shares are trading at $54.80 which is marginally higher than $54.61, the 50 day moving average and a bit higher than the 200 day moving average of $48.09. The 50 day moving average moved up $0.19 and the 200 day average was up $6.71.
The P/E ratio is 26.32 and the market cap of the company is 155.61B.