Dynamic Advisor Solutions LLC Buys 3,597 Shares of Unilever PLC (NYSE:UL)

Dynamic Advisor Solutions LLC raised its stake in Unilever PLC (NYSE:UL) by 5.2% during the first quarter, Holdings Channel.com reports. The institutional investor owned 72,623 shares of the company’s stock after purchasing an additional 3,597 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in Unilever were worth $3,645,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Gilman Hill Asset Management LLC boosted its stake in shares of Unilever by 7.8% in the 1st quarter. Gilman Hill Asset Management LLC now owns 60,737 shares of the company’s stock valued at $3,048,000 after purchasing an additional 4,386 shares in the last quarter. Salvus Wealth Management LLC boosted its stake in shares of Unilever by 20.0% in the 1st quarter. Salvus Wealth Management LLC now owns 16,275 shares of the company’s stock valued at $817,000 after purchasing an additional 2,710 shares in the last quarter. Global Assets Advisory LLC purchased a new stake in shares of Unilever in the 1st quarter valued at $3,312,000. Range Financial Group LLC boosted its stake in shares of Unilever by 15.2% in the 1st quarter. Range Financial Group LLC now owns 10,409 shares of the company’s stock valued at $522,000 after purchasing an additional 1,372 shares in the last quarter. Finally, Opal Wealth Advisors LLC purchased a new stake in shares of Unilever in the 1st quarter valued at $164,000. Institutional investors own 9.67% of the company’s stock.

Unilever Stock Down 0.3 %

NYSE UL traded down $0.16 during trading on Tuesday, hitting $56.14. The company had a trading volume of 1,237,936 shares, compared to its average volume of 2,798,075. Unilever PLC has a one year low of $46.16 and a one year high of $56.47. The company’s fifty day moving average is $53.34 and its 200-day moving average is $50.47.

Unilever Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 7th. Shareholders of record on Friday, May 17th were issued a $0.4556 dividend. The ex-dividend date was Thursday, May 16th. This represents a $1.82 annualized dividend and a yield of 3.25%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on UL shares. Morgan Stanley cut shares of Unilever from an “equal weight” rating to an “underweight” rating and cut their price objective for the company from $52.00 to $48.00 in a research note on Tuesday, February 27th. JPMorgan Chase & Co. raised shares of Unilever from an “underweight” rating to an “overweight” rating in a research report on Thursday, May 23rd. Redburn Atlantic raised shares of Unilever from a “neutral” rating to a “buy” rating in a research report on Friday, June 7th. StockNews.com raised shares of Unilever from a “hold” rating to a “buy” rating in a research report on Wednesday, May 1st. Finally, Argus increased their price target on shares of Unilever from $58.00 to $60.00 and gave the company a “buy” rating in a research report on Wednesday, May 8th. Three research analysts have rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $54.00.

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.