Marcum Wealth LLC Has $594,000 Stock Holdings in Unilever PLC (NYSE:UL)

Marcum Wealth LLC lifted its holdings in Unilever PLC (NYSE:UL) by 24.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 10,478 shares of the company’s stock after buying an additional 2,089 shares during the quarter. Marcum Wealth LLC’s holdings in Unilever were worth $594,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Abich Financial Wealth Management LLC grew its position in shares of Unilever by 393.5% in the 2nd quarter. Abich Financial Wealth Management LLC now owns 533 shares of the company’s stock valued at $29,000 after purchasing an additional 425 shares during the period. E Fund Management Hong Kong Co. Ltd. acquired a new position in shares of Unilever in the 3rd quarter valued at approximately $35,000. Jamison Private Wealth Management Inc. grew its position in shares of Unilever by 202.5% in the 3rd quarter. Jamison Private Wealth Management Inc. now owns 605 shares of the company’s stock valued at $39,000 after purchasing an additional 405 shares during the period. Brooklyn Investment Group acquired a new position in shares of Unilever in the 3rd quarter valued at approximately $40,000. Finally, Coastline Trust Co acquired a new position in Unilever during the 3rd quarter worth approximately $48,000. 9.67% of the stock is currently owned by institutional investors and hedge funds.

Unilever Trading Down 0.5 %

UL opened at $54.74 on Wednesday. Unilever PLC has a 1-year low of $46.46 and a 1-year high of $65.87. The stock’s fifty day simple moving average is $57.86 and its 200 day simple moving average is $60.35. The stock has a market cap of $135.64 billion, a PE ratio of 16.49, a price-to-earnings-growth ratio of 1.80 and a beta of 0.49.

Unilever Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Friday, November 8th were paid a $0.4755 dividend. This represents a $1.90 dividend on an annualized basis and a yield of 3.47%. The ex-dividend date was Friday, November 8th. This is a boost from Unilever’s previous quarterly dividend of $0.35. Unilever’s dividend payout ratio is 56.63%.

Analysts Set New Price Targets

UL has been the subject of a number of recent research reports. Erste Group Bank reaffirmed a “hold” rating on shares of Unilever in a research report on Tuesday, November 19th. Royal Bank of Canada downgraded Unilever from a “sector perform” rating to an “underperform” rating in a research report on Monday, January 6th. StockNews.com downgraded Unilever from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th. Finally, Sanford C. Bernstein raised Unilever from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 9th. Three investment analysts have rated the stock with a sell rating, two have issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Unilever has an average rating of “Hold” and a consensus target price of $61.75.

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.