Zions Bancorporation N.A. Has $3.15 Million Holdings in Unilever PLC (NYSE:UL)

Zions Bancorporation N.A. increased its holdings in shares of Unilever PLC (NYSE:UL) by 63.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 55,596 shares of the company’s stock after acquiring an additional 21,554 shares during the quarter. Zions Bancorporation N.A.’s holdings in Unilever were worth $3,152,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. Modern Wealth Management LLC raised its position in shares of Unilever by 1.4% in the fourth quarter. Modern Wealth Management LLC now owns 13,654 shares of the company’s stock valued at $796,000 after buying an additional 190 shares in the last quarter. Twin City Private Wealth LLC raised its holdings in Unilever by 48.4% in the 4th quarter. Twin City Private Wealth LLC now owns 15,809 shares of the company’s stock valued at $896,000 after acquiring an additional 5,158 shares in the last quarter. LPL Financial LLC lifted its position in shares of Unilever by 9.6% during the 4th quarter. LPL Financial LLC now owns 989,748 shares of the company’s stock valued at $56,119,000 after acquiring an additional 86,908 shares during the period. Guardian Partners Inc. acquired a new stake in shares of Unilever during the 4th quarter worth $2,841,000. Finally, Fox Run Management L.L.C. grew its holdings in shares of Unilever by 15.7% during the 4th quarter. Fox Run Management L.L.C. now owns 18,754 shares of the company’s stock worth $1,063,000 after purchasing an additional 2,543 shares in the last quarter. Institutional investors own 9.67% of the company’s stock.

Unilever Price Performance

Shares of NYSE:UL opened at $58.16 on Tuesday. Unilever PLC has a one year low of $46.46 and a one year high of $65.87. The company has a market cap of $144.08 billion, a price-to-earnings ratio of 16.67, a PEG ratio of 1.60 and a beta of 0.47. The firm has a 50 day simple moving average of $57.34 and a 200 day simple moving average of $59.40.

Unilever Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, February 28th will be issued a dividend of $0.4674 per share. This represents a $1.87 annualized dividend and a dividend yield of 3.21%. The ex-dividend date of this dividend is Friday, February 28th. Unilever’s dividend payout ratio (DPR) is 53.01%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on UL shares. StockNews.com raised shares of Unilever from a “hold” rating to a “buy” rating in a research report on Friday, March 7th. Royal Bank of Canada downgraded shares of Unilever from a “sector perform” rating to an “underperform” rating in a report on Monday, January 6th. DZ Bank upgraded shares of Unilever from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. Finally, Sanford C. Bernstein raised Unilever from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. Two analysts have rated the stock with a sell rating, one has issued a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $66.33.

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.