EverSource Wealth Advisors LLC raised its stake in Unilever PLC (NYSE:UL – Get Rating) by 12.8% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,592 shares of the company’s stock after buying an additional 407 shares during the period. EverSource Wealth Advisors LLC’s holdings in Unilever were worth $164,000 at the end of the most recent reporting period.
A number of other hedge funds also recently added to or reduced their stakes in the stock. Strategic Advisors LLC increased its holdings in Unilever by 0.4% in the first quarter. Strategic Advisors LLC now owns 59,348 shares of the company’s stock valued at $2,704,000 after buying an additional 221 shares in the last quarter. Benjamin F. Edwards & Company Inc. increased its stake in shares of Unilever by 2.0% during the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 12,539 shares of the company’s stock worth $571,000 after purchasing an additional 240 shares in the last quarter. Rodgers Brothers Inc. increased its stake in shares of Unilever by 1.1% during the 4th quarter. Rodgers Brothers Inc. now owns 23,410 shares of the company’s stock worth $1,259,000 after purchasing an additional 250 shares in the last quarter. Telos Capital Management Inc. increased its stake in shares of Unilever by 5.9% during the 1st quarter. Telos Capital Management Inc. now owns 4,723 shares of the company’s stock worth $215,000 after purchasing an additional 265 shares in the last quarter. Finally, FRG Family Wealth Advisors LLC increased its stake in shares of Unilever by 2.1% during the 1st quarter. FRG Family Wealth Advisors LLC now owns 13,211 shares of the company’s stock worth $602,000 after purchasing an additional 275 shares in the last quarter. 9.68% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of research analysts have recently weighed in on the stock. DZ Bank cut shares of Unilever from a “buy” rating to a “hold” rating in a research note on Wednesday, July 27th. StockNews.com started coverage on shares of Unilever in a research note on Friday. They set a “buy” rating for the company. Deutsche Bank Aktiengesellschaft raised shares of Unilever from a “hold” rating to a “buy” rating in a research note on Tuesday, July 26th. Finally, Sanford C. Bernstein raised shares of Unilever from a “market perform” rating to an “outperform” rating in a research note on Friday, July 22nd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold”.
Unilever Stock Down 0.5 %
UL stock opened at $45.17 on Friday. Unilever PLC has a one year low of $42.54 and a one year high of $55.21. The company has a 50 day moving average price of $46.84 and a two-hundred day moving average price of $45.84.
Unilever Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, September 1st. Shareholders of record on Friday, August 5th were issued a $0.4555 dividend. This represents a $1.82 dividend on an annualized basis and a dividend yield of 4.03%. The ex-dividend date of this dividend was Thursday, August 4th. This is a positive change from Unilever’s previous quarterly dividend of $0.45.
Unilever PLC operates as a fast-moving consumer goods company. It operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment provides skin care and hair care products, deodorants, and skin cleansing products. The Foods & Refreshment segment offers ice cream, soups, bouillons, seasonings, mayonnaise, ketchups, and tea categories.
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