Unilever PLC (NYSE:UL).
Cgov Asset Management reports that it lowered its stake in Unilever PLC shares by 31.1% as reported in a filing on 07/12/2017. Its stake was valued at $56,326,000 a decrease of 26.3% as of quarter end.
Cgov Asset Management isn’t the only one who has changed their investment in UL. As of the end of the quarter Narwhal Capital Management had disposed of 500 shares trimming its stake by 0.5%. The value in dollars increased from $4,694,000 to $5,122,000 a change of 9.1% quarter over quarter. As of quarter end Northwest Investment Counselors, LLC had sold a total of 914 shares trimming its holdings by 2.1%. The value of the company’s investment in Unilever PLC went from $2,128,000 to $2,285,000 increasing 7.4% since the last quarter.
Pennsylvania Trust Co expanded its investment by buying 10,264 shares an increase of 37.8% as of 06/30/2017. Pennsylvania Trust Co owns 37,411 shares with a value of $2,025,000. The total value of its holdings increased 51.2%.
On December 13, 2016 the stock rating was set at “Buy” by Jefferies which was a boost from the previous “Underperform” rating. On December 7 the company was changed to a “Neutral” according to a JP Morgan report down from the previous “Overweight” rating.
On December 6 the company was rated “Neutral” in a report from UBS which is down from the previous “” rating. On August 22 analysts at Bernstein starting coverage on UL with an initial rating of “Outperform”.
On January 12 the stock rating was upgraded to “Overweight” from “Underweight” by JP Morgan. On August 12 the company was downgraded from “Neutral” to “Sell” by analysts at Goldman Sachs.
In the market the company is trading up by 0.87% since yesterday’s close of $54.33. Unilever PLC recently announced a dividend for shareholders paid on Wednesday the 7th of June 2017. The dividend was $0.383 per share for the quarter or $1.53 on an annualized basis. This dividend represents a yeild of $2.85 which is the dividend as a percentage of the current share price. The ex-dividend date was Wednesday the 3rd of May 2017.
The stock last traded at $54.80 slightly over the 50 day moving average which is $54.61 and which is just over the 200 day moving average of $48.09. The 50 day moving average was up $0.19 whereas the 200 day average was up by +13.96%.
Unilever PLC’s P/E ratio is 26.32 and the market cap is 155.61B.Advertisement