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

Marcum Wealth LLC grew its position in Unilever PLC (NYSE:UL) by 24.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 10,478 shares of the company’s stock after purchasing an additional 2,089 shares during the period. Marcum Wealth LLC’s holdings in Unilever were worth $594,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Traveka Wealth LLC lifted its position in Unilever by 13.7% during the 4th quarter. Traveka Wealth LLC now owns 4,893 shares of the company’s stock worth $277,000 after buying an additional 589 shares in the last quarter. Bar Harbor Wealth Management lifted its position in Unilever by 6.1% during the 4th quarter. Bar Harbor Wealth Management now owns 50,688 shares of the company’s stock worth $2,874,000 after buying an additional 2,927 shares in the last quarter. Fulcrum Capital LLC lifted its position in Unilever by 7.0% during the 4th quarter. Fulcrum Capital LLC now owns 5,585 shares of the company’s stock worth $317,000 after buying an additional 365 shares in the last quarter. JCIC Asset Management Inc. lifted its position in Unilever by 1.7% during the 4th quarter. JCIC Asset Management Inc. now owns 52,100 shares of the company’s stock worth $2,954,000 after buying an additional 890 shares in the last quarter. Finally, Aprio Wealth Management LLC lifted its position in Unilever by 18.8% during the 4th quarter. Aprio Wealth Management LLC now owns 8,775 shares of the company’s stock worth $498,000 after buying an additional 1,388 shares in the last quarter. Institutional investors and hedge funds own 9.67% of the company’s stock.

Unilever Price Performance

Shares of UL stock opened at $54.74 on Wednesday. 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. The stock has a 50-day moving average of $57.86 and a 200-day moving average of $60.35. Unilever PLC has a one year low of $46.46 and a one year high of $65.87.

Unilever Increases Dividend

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

Analyst Ratings Changes

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

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.