Unilever PLC (NYSE:UL) Stock Holdings Increased by HF Advisory Group LLC

HF Advisory Group LLC grew its holdings in shares of Unilever PLC (NYSE:UL) by 6.0% in the third quarter, according to its most recent filing with the SEC. The firm owned 16,831 shares of the company’s stock after acquiring an additional 952 shares during the quarter. HF Advisory Group LLC’s holdings in Unilever were worth $1,093,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. ST Germain D J Co. Inc. raised its holdings in Unilever by 423.8% during the second quarter. ST Germain D J Co. Inc. now owns 529 shares of the company’s stock worth $29,000 after purchasing an additional 428 shares in the last quarter. Abich Financial Wealth Management LLC increased its position in shares of Unilever by 393.5% during 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. 1620 Investment Advisors Inc. bought a new stake in shares of Unilever in the 2nd quarter worth $30,000. Webster Bank N. A. lifted its holdings in shares of Unilever by 54.3% in the second quarter. Webster Bank N. A. now owns 617 shares of the company’s stock valued at $34,000 after buying an additional 217 shares during the period. Finally, E Fund Management Hong Kong Co. Ltd. acquired a new stake in shares of Unilever in the third quarter valued at $35,000. Institutional investors own 9.67% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have commented on UL. TD Cowen began coverage on shares of Unilever in a research report on Tuesday, July 23rd. They issued a “buy” rating and a $67.00 price target on the stock. UBS Group upgraded shares of Unilever to a “strong sell” rating in a report on Tuesday, July 30th. Bank of America upgraded shares of Unilever from an “underperform” rating to a “buy” rating and raised their target price for the stock from $47.00 to $72.00 in a report on Thursday, August 22nd. Finally, StockNews.com upgraded shares of Unilever from a “hold” rating to a “buy” rating in a research report on Friday, October 4th. Three equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $61.75.

Unilever Price Performance

Shares of NYSE:UL opened at $61.66 on Wednesday. The company’s fifty day moving average is $63.67 and its two-hundred day moving average is $59.00. Unilever PLC has a 12-month low of $46.46 and a 12-month high of $65.87.

Unilever Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 8th will be given a dividend of $0.4755 per share. This represents a $1.90 annualized dividend and a yield of 3.08%. This is a positive change from Unilever’s previous quarterly dividend of $0.35. The ex-dividend date is Friday, November 8th.

About Unilever

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.