Excalibur Management Corp Buys 239 Shares of Unilever PLC (NYSE:UL)

Excalibur Management Corp lifted its stake in Unilever PLC (NYSE:UL) by 1.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,801 shares of the company’s stock after acquiring an additional 239 shares during the period. Excalibur Management Corp’s holdings in Unilever were worth $759,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. One Capital Management LLC raised its holdings in Unilever by 1.7% in the second quarter. One Capital Management LLC now owns 130,811 shares of the company’s stock worth $7,193,000 after purchasing an additional 2,175 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Unilever by 26.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 4,384,944 shares of the company’s stock worth $241,145,000 after acquiring an additional 911,443 shares in the last quarter. Prime Capital Investment Advisors LLC lifted its position in Unilever by 2.1% during the second quarter. Prime Capital Investment Advisors LLC now owns 102,374 shares of the company’s stock valued at $5,630,000 after acquiring an additional 2,082 shares during the last quarter. Pinion Investment Advisors LLC boosted its stake in Unilever by 8.1% in the second quarter. Pinion Investment Advisors LLC now owns 8,087 shares of the company’s stock valued at $445,000 after acquiring an additional 603 shares in the last quarter. Finally, Hanson & Doremus Investment Management boosted its stake in Unilever by 5.1% in the second quarter. Hanson & Doremus Investment Management now owns 18,259 shares of the company’s stock valued at $1,004,000 after acquiring an additional 884 shares in the last quarter. 9.67% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts have recently commented on the company. JPMorgan Chase & Co. upgraded Unilever from an “underweight” rating to an “overweight” rating in a report on Thursday, May 23rd. StockNews.com raised Unilever from a “hold” rating to a “buy” rating in a report on Saturday, August 3rd. Bank of America upgraded shares of Unilever from an “underperform” rating to a “buy” rating and upped their price objective for the company from $47.00 to $72.00 in a report on Thursday, August 22nd. TD Cowen assumed coverage on shares of Unilever in a research report on Tuesday, July 23rd. They issued a “buy” rating and a $67.00 price objective for the company. Finally, UBS Group raised shares of Unilever to a “strong sell” rating in a research report on Tuesday, July 30th. Three investment analysts have rated the stock with a sell rating, one has given a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $61.75.

Unilever Trading Up 0.8 %

Shares of NYSE UL opened at $65.55 on Tuesday. Unilever PLC has a 52 week low of $46.16 and a 52 week high of $65.86. The business’s 50 day moving average price is $61.46 and its 200 day moving average price is $55.37.

Unilever Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 6th. Stockholders of record on Friday, August 9th were paid a $0.4773 dividend. The ex-dividend date of this dividend was Friday, August 9th. This represents a $1.91 dividend on an annualized basis and a dividend yield of 2.91%. This is a positive change from Unilever’s previous quarterly dividend of $0.46.

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.