Unilever PLC $UL Shares Bought by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Unilever PLC (NYSE:UL) by 1.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 63,362 shares of the company’s stock after acquiring an additional 976 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.’s holdings in Unilever were worth $3,773,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the business. Brighton Jones LLC boosted its holdings in shares of Unilever by 5.4% in the 4th quarter. Brighton Jones LLC now owns 10,572 shares of the company’s stock valued at $599,000 after buying an additional 539 shares in the last quarter. Deutsche Bank AG grew its holdings in Unilever by 1.0% during the fourth quarter. Deutsche Bank AG now owns 47,847 shares of the company’s stock worth $2,713,000 after acquiring an additional 457 shares during the period. Quantinno Capital Management LP grew its holdings in Unilever by 32.6% in the fourth quarter. Quantinno Capital Management LP now owns 147,724 shares of the company’s stock valued at $8,376,000 after purchasing an additional 36,280 shares during the last quarter. Royal Bank of Canada increased its holdings in Unilever by 0.5% during the 4th quarter. Royal Bank of Canada now owns 2,926,892 shares of the company’s stock valued at $165,955,000 after acquiring an additional 14,083 shares in the last quarter. Finally, SGL Investment Advisors Inc. grew its holdings in Unilever by 1.6% during the 4th quarter. SGL Investment Advisors Inc. now owns 55,752 shares of the company’s stock valued at $3,297,000 after buying an additional 901 shares during the last quarter. Institutional investors and hedge funds own 9.67% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have weighed in on UL. CICC Research initiated coverage on Unilever in a report on Thursday, August 21st. They issued an “outperform” rating for the company. Jefferies Financial Group reaffirmed an “underperform” rating on shares of Unilever in a report on Sunday, August 3rd. BNP Paribas Exane initiated coverage on shares of Unilever in a report on Thursday, May 29th. They set an “outperform” rating and a $73.00 price target for the company. Finally, BNP Paribas raised shares of Unilever to a “strong-buy” rating in a report on Thursday, May 29th. Two research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $73.00.

Unilever Trading Down 0.9%

Unilever stock opened at $62.90 on Friday. The stock has a market cap of $154.32 billion, a price-to-earnings ratio of 18.02, a PEG ratio of 3.82 and a beta of 0.40. The company’s 50-day moving average price is $61.55 and its two-hundred day moving average price is $61.39. Unilever PLC has a 52 week low of $54.32 and a 52 week high of $65.87.

Unilever Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 12th. Investors of record on Friday, August 15th were paid a $0.5175 dividend. The ex-dividend date of this dividend was Friday, August 15th. This represents a $2.07 dividend on an annualized basis and a yield of 3.3%. This is an increase from Unilever’s previous quarterly dividend of $0.52. Unilever’s dividend payout ratio (DPR) is 59.31%.

Unilever 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.