HF Advisory Group LLC Increases Stake in Unilever PLC (NYSE:UL)

HF Advisory Group LLC increased its holdings in Unilever PLC (NYSE:ULFree Report) by 13.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 9,712 shares of the company’s stock after acquiring an additional 1,185 shares during the period. HF Advisory Group LLC’s holdings in Unilever were worth $471,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Fortis Capital Advisors LLC bought a new stake in Unilever during the 4th quarter valued at $26,000. Jones Financial Companies Lllp raised its holdings in Unilever by 111.5% during the 3rd quarter. Jones Financial Companies Lllp now owns 552 shares of the company’s stock valued at $27,000 after buying an additional 291 shares during the last quarter. Life Planning Partners Inc bought a new stake in Unilever during the 4th quarter valued at $27,000. VisionPoint Advisory Group LLC raised its holdings in Unilever by 215.1% in the 3rd quarter. VisionPoint Advisory Group LLC now owns 586 shares of the company’s stock worth $29,000 after purchasing an additional 400 shares in the last quarter. Finally, Barrett & Company Inc. raised its holdings in Unilever by 51.5% in the 3rd quarter. Barrett & Company Inc. now owns 606 shares of the company’s stock worth $30,000 after purchasing an additional 206 shares in the last quarter. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Unilever Price Performance

Shares of UL stock opened at $46.85 on Friday. Unilever PLC has a one year low of $46.16 and a one year high of $55.99. The company’s 50-day moving average is $49.28 and its 200 day moving average is $48.54.

Unilever Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Friday, February 23rd were issued a dividend of $0.4582 per share. This represents a $1.83 dividend on an annualized basis and a dividend yield of 3.91%. The ex-dividend date of this dividend was Thursday, February 22nd.

Analyst Ratings Changes

Several brokerages recently issued reports on UL. Morgan Stanley lowered shares of Unilever from an “equal weight” rating to an “underweight” rating and decreased their price target for the stock from $52.00 to $48.00 in a research note on Tuesday, February 27th. StockNews.com upgraded shares of Unilever from a “hold” rating to a “buy” rating in a research note on Saturday, April 13th. Three equities research analysts have rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $48.00.

Read Our Latest Stock Report on Unilever

Unilever Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Unilever (NYSE:UL)

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