Haverford Trust Co Buys 3,169 Shares of Unilever PLC (NYSE:UL)

Haverford Trust Co raised its stake in shares of Unilever PLC (NYSE:UL) by 1.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 303,069 shares of the company’s stock after purchasing an additional 3,169 shares during the period. Haverford Trust Co’s holdings in Unilever were worth $14,693,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. M. Kulyk & Associates LLC grew its stake in shares of Unilever by 5.9% in the fourth quarter. M. Kulyk & Associates LLC now owns 58,510 shares of the company’s stock worth $2,837,000 after acquiring an additional 3,262 shares during the last quarter. Oxbow Advisors LLC increased its stake in Unilever by 260.6% during the fourth quarter. Oxbow Advisors LLC now owns 126,696 shares of the company’s stock valued at $6,142,000 after acquiring an additional 91,565 shares during the period. Quadrant Capital Group LLC raised its holdings in Unilever by 10.4% in the 4th quarter. Quadrant Capital Group LLC now owns 18,507 shares of the company’s stock valued at $897,000 after acquiring an additional 1,746 shares in the last quarter. Drexel Morgan & Co. lifted its position in shares of Unilever by 1.1% in the 4th quarter. Drexel Morgan & Co. now owns 31,722 shares of the company’s stock worth $1,538,000 after acquiring an additional 350 shares during the period. Finally, Eagle Bay Advisors LLC grew its holdings in shares of Unilever by 22.8% during the 4th quarter. Eagle Bay Advisors LLC now owns 2,529 shares of the company’s stock worth $123,000 after purchasing an additional 470 shares in the last quarter. Institutional investors own 9.67% of the company’s stock.

Unilever Stock Performance

Shares of NYSE:UL traded down $0.41 during midday trading on Thursday, reaching $54.07. The company’s stock had a trading volume of 3,097,783 shares, compared to its average volume of 2,911,048. The business’s fifty day simple moving average is $49.86 and its 200-day simple moving average is $48.99. Unilever PLC has a fifty-two week low of $46.16 and a fifty-two week high of $54.54.

Unilever Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 7th. Shareholders of record on Friday, May 17th will be given a $0.4556 dividend. This represents a $1.82 annualized dividend and a yield of 3.37%. The ex-dividend date of this dividend is Thursday, May 16th.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Morgan Stanley lowered Unilever from an “equal weight” rating to an “underweight” rating and lowered their price objective for the company from $52.00 to $48.00 in a research note on Tuesday, February 27th. StockNews.com upgraded Unilever from a “hold” rating to a “buy” rating in a research report on Wednesday, May 1st. Finally, Argus lifted their price objective on Unilever from $58.00 to $60.00 and gave the company a “buy” rating in a report on Wednesday, May 8th. Three investment analysts have rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, Unilever presently has a consensus rating of “Hold” and a consensus price target of $54.00.

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.