Keybank National Association OH cut its stake in shares of Unilever N.V. (NYSE:UL) by 3.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 41,651 shares of the company’s stock after selling 1,470 shares during the quarter. Keybank National Association OH’s holdings in Unilever were worth $2,176,000 at the end of the most recent quarter.
Other large investors also recently bought and sold shares of the company. Matthew Goff Investment Advisor LLC increased its stake in Unilever by 5,428.0% in the 3rd quarter. Matthew Goff Investment Advisor LLC now owns 4,714,748 shares of the company’s stock worth $85,288,000 after purchasing an additional 4,629,460 shares in the last quarter. Wells Fargo & Company MN increased its stake in Unilever by 2.7% in the 3rd quarter. Wells Fargo & Company MN now owns 1,705,850 shares of the company’s stock worth $93,771,000 after purchasing an additional 45,548 shares in the last quarter. Deutsche Bank AG increased its stake in Unilever by 4.1% in the 3rd quarter. Deutsche Bank AG now owns 1,241,892 shares of the company’s stock worth $68,265,000 after purchasing an additional 48,437 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Unilever by 1.6% in the 3rd quarter. Dimensional Fund Advisors LP now owns 951,378 shares of the company’s stock worth $52,297,000 after purchasing an additional 14,829 shares in the last quarter. Finally, Davis R M Inc. increased its stake in Unilever by 2.8% in the 4th quarter. Davis R M Inc. now owns 634,057 shares of the company’s stock worth $33,129,000 after purchasing an additional 17,064 shares in the last quarter. 6.80% of the stock is currently owned by institutional investors and hedge funds.
UL has been the subject of several research reports. Zacks Investment Research lowered Unilever from a “hold” rating to a “sell” rating in a report on Saturday, January 19th. JPMorgan Chase & Co. lowered Unilever from a “neutral” rating to an “underweight” rating in a report on Monday, December 10th. Finally, UBS Group lowered Unilever from a “buy” rating to a “neutral” rating in a report on Tuesday, January 8th.
UL opened at $54.34 on Monday. The company has a market capitalization of $63.50 billion, a P/E ratio of 19.62, a P/E/G ratio of 3.52 and a beta of 0.64. Unilever N.V. has a twelve month low of $50.74 and a twelve month high of $58.07.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 20th. Shareholders of record on Friday, February 15th will be given a $0.442 dividend. This is an increase from Unilever’s previous quarterly dividend of $0.35. This represents a $1.77 annualized dividend and a yield of 3.25%. The ex-dividend date of this dividend is Thursday, February 14th. Unilever’s payout ratio is currently 63.90%.
Unilever PLC operates in the fast-moving consumer goods industry worldwide. It operates through Personal Care, Home Care, Foods, and Refreshment segments. The Personal Care segment offers skin care and hair care products, deodorants, and oral care products. The Home Care segment provides home care products, including powders, liquids and capsules, soap bars, and various cleaning products.
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