Alhambra Investment Management LLC Acquires 186 Shares of Unilever PLC (NYSE:UL)

Alhambra Investment Management LLC boosted its holdings in shares of Unilever PLC (NYSE:UL) by 4.2% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 4,586 shares of the company’s stock after acquiring an additional 186 shares during the period. Alhambra Investment Management LLC’s holdings in Unilever were worth $260,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in UL. Creative Financial Designs Inc. ADV grew its stake in shares of Unilever by 7.0% during the third quarter. Creative Financial Designs Inc. ADV now owns 2,781 shares of the company’s stock worth $181,000 after purchasing an additional 181 shares during the period. Timber Creek Capital Management LLC grew its position in shares of Unilever by 0.5% during the 3rd quarter. Timber Creek Capital Management LLC now owns 39,530 shares of the company’s stock worth $2,568,000 after buying an additional 182 shares during the period. Good Life Advisors LLC grew its position in shares of Unilever by 4.5% during the 3rd quarter. Good Life Advisors LLC now owns 4,536 shares of the company’s stock worth $295,000 after buying an additional 196 shares during the period. Fiduciary Financial Group LLC increased its stake in shares of Unilever by 4.3% in the 3rd quarter. Fiduciary Financial Group LLC now owns 4,875 shares of the company’s stock valued at $307,000 after acquiring an additional 201 shares during the last quarter. Finally, Franklin Street Advisors Inc. NC raised its position in shares of Unilever by 4.0% in the 4th quarter. Franklin Street Advisors Inc. NC now owns 5,327 shares of the company’s stock valued at $302,000 after acquiring an additional 204 shares during the period. Institutional investors own 9.67% of the company’s stock.

Unilever Stock Up 0.4 %

Shares of UL opened at $55.68 on Friday. Unilever PLC has a twelve month low of $46.46 and a twelve month high of $65.87. The company has a 50 day moving average of $57.69 and a 200-day moving average of $60.27.

Unilever Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Friday, November 8th were paid a $0.4755 dividend. This is a positive change from Unilever’s previous quarterly dividend of $0.35. This represents a $1.90 annualized dividend and a yield of 3.42%. The ex-dividend date of this dividend was Friday, November 8th.

Analyst Upgrades and Downgrades

A number of analysts recently commented on UL shares. Royal Bank of Canada cut shares of Unilever from a “sector perform” rating to an “underperform” rating in a research report on Monday, January 6th. Erste Group Bank restated a “hold” rating on shares of Unilever in a report on Tuesday, November 19th. StockNews.com cut Unilever from a “buy” rating to a “hold” rating in a report on Tuesday, November 12th. Finally, Sanford C. Bernstein upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $61.75.

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.