Versant Capital Management Inc Has $56,000 Stake in Unilever PLC (NYSE:UL)

Versant Capital Management Inc boosted its holdings in shares of Unilever PLC (NYSE:UL) by 721.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 994 shares of the company’s stock after buying an additional 873 shares during the period. Versant Capital Management Inc’s holdings in Unilever were worth $56,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Abich Financial Wealth Management LLC boosted its stake in 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 buying an additional 425 shares in the last quarter. E Fund Management Hong Kong Co. Ltd. acquired a new stake in shares of Unilever in the 3rd quarter valued at $35,000. Jamison Private Wealth Management Inc. grew its holdings 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 worth $39,000 after purchasing an additional 405 shares during the last quarter. Brooklyn Investment Group acquired a new stake in shares of Unilever during the 3rd quarter worth about $40,000. Finally, Coastline Trust Co bought a new position in Unilever during the 3rd quarter valued at about $48,000. Institutional investors own 9.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the stock. StockNews.com cut shares of Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th. Erste Group Bank reaffirmed a “hold” rating on shares of Unilever in a report on Tuesday, November 19th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, Unilever has an average rating of “Hold” and an average target price of $61.75.

Unilever Price Performance

UL stock opened at $56.51 on Monday. The stock has a market capitalization of $140.03 billion, a PE ratio of 17.02, a price-to-earnings-growth ratio of 1.80 and a beta of 0.49. The company has a 50 day moving average price of $58.73 and a 200 day moving average price of $60.36. Unilever PLC has a fifty-two week low of $46.46 and a fifty-two week high of $65.87.

Unilever Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Friday, November 8th were paid a dividend of $0.4755 per share. This represents a $1.90 annualized dividend and a dividend yield of 3.37%. The ex-dividend date was Friday, November 8th. This is a positive change from Unilever’s previous quarterly dividend of $0.35. Unilever’s dividend payout ratio is 56.63%.

Unilever Company 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.