Creative Planning grew its position in Unilever N.V. (NYSE:UL) by 4.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 36,502 shares of the company’s stock after acquiring an additional 1,647 shares during the period. Creative Planning’s holdings in Unilever were worth $2,107,000 at the end of the most recent reporting period.
Other large investors have also recently bought and sold shares of the company. NumerixS Investment Technologies Inc bought a new position in Unilever in the 4th quarter worth approximately $125,000. IHT Wealth Management LLC raised its position in Unilever by 13.8% in the 4th quarter. IHT Wealth Management LLC now owns 8,014 shares of the company’s stock worth $419,000 after purchasing an additional 970 shares during the last quarter. FDx Advisors Inc. raised its position in Unilever by 7.6% in the 4th quarter. FDx Advisors Inc. now owns 45,710 shares of the company’s stock worth $2,388,000 after purchasing an additional 3,226 shares during the last quarter. Cullen Frost Bankers Inc. raised its position in Unilever by 0.9% in the 4th quarter. Cullen Frost Bankers Inc. now owns 22,466 shares of the company’s stock worth $1,174,000 after purchasing an additional 193 shares during the last quarter. Finally, Highwater Wealth Management LLC bought a new position in Unilever in the 4th quarter worth approximately $29,000. Institutional investors own 6.36% of the company’s stock.
Several research analysts recently weighed in on the stock. Credit Suisse Group upgraded shares of Unilever from a “neutral” rating to an “outperform” rating in a research report on Friday, May 3rd. DZ Bank cut shares of Unilever from a “buy” rating to a “hold” rating in a research report on Thursday, April 25th. Zacks Investment Research upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating and set a $66.00 price objective for the company in a research report on Friday, March 22nd. BNP Paribas cut shares of Unilever from an “outperform” rating to a “neutral” rating in a research report on Wednesday, February 27th. Finally, Exane BNP Paribas cut shares of Unilever from an “outperform” rating to a “neutral” rating in a research report on Wednesday, February 27th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $66.00.
Shares of Unilever stock traded up $0.76 on Wednesday, hitting $61.28. 1,857,100 shares of the company’s stock traded hands, compared to its average volume of 955,855. The stock has a market capitalization of $71.11 billion, a price-to-earnings ratio of 22.12, a PEG ratio of 3.31 and a beta of 0.64. Unilever N.V. has a one year low of $50.80 and a one year high of $61.51.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 5th. Shareholders of record on Friday, May 3rd will be given a dividend of $0.4641 per share. This is a boost from Unilever’s previous quarterly dividend of $0.44. The ex-dividend date of this dividend is Thursday, May 2nd. This represents a $1.86 annualized dividend and a dividend yield of 3.03%. Unilever’s payout ratio is presently 66.43%.
Unilever PLC operates in the fast moving consumer goods industry worldwide. It operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment offers skin care and hair care products, deodorants, and oral care products primarily under the Axe, Dove, Lux, Rexona, Sunsilk, TRESemmé, Signal, Lifebuoy, and Vaseline brands.
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