Saturna Capital Corp Has $37.31 Million Stock Holdings in Unilever PLC (NYSE:UL)

Saturna Capital Corp boosted its stake in shares of Unilever PLC (NYSE:UL) by 0.5% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 574,325 shares of the company’s stock after buying an additional 3,086 shares during the period. Saturna Capital Corp’s holdings in Unilever were worth $37,308,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of UL. ST Germain D J Co. Inc. boosted its stake in Unilever by 423.8% in the 2nd quarter. ST Germain D J Co. Inc. now owns 529 shares of the company’s stock worth $29,000 after purchasing an additional 428 shares during the period. Abich Financial Wealth Management LLC boosted its position in shares of Unilever by 393.5% during the second quarter. Abich Financial Wealth Management LLC now owns 533 shares of the company’s stock worth $29,000 after buying an additional 425 shares during the period. E Fund Management Hong Kong Co. Ltd. acquired a new stake in shares of Unilever in the third quarter valued at approximately $35,000. 1620 Investment Advisors Inc. bought a new stake in Unilever during the 2nd quarter worth about $30,000. Finally, Jamison Private Wealth Management Inc. increased its position in shares of Unilever by 202.5% during the 3rd quarter. Jamison Private Wealth Management Inc. now owns 605 shares of the company’s stock worth $39,000 after purchasing an additional 405 shares during the last quarter. Institutional investors own 9.67% of the company’s stock.

Unilever Stock Down 0.0 %

Unilever stock opened at $57.56 on Wednesday. Unilever PLC has a 12 month low of $46.46 and a 12 month high of $65.87. The stock’s 50 day moving average is $63.06 and its 200-day moving average is $59.33.

Unilever Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 8th will be given a dividend of $0.4755 per share. This is a boost from Unilever’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend is Friday, November 8th. This represents a $1.90 annualized dividend and a yield of 3.30%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on UL shares. TD Cowen initiated 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. UBS Group upgraded Unilever to a “strong sell” rating in a report on Tuesday, July 30th. Bank of America upgraded 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 research note on Thursday, August 22nd. Finally, StockNews.com lowered Unilever from a “buy” rating to a “hold” rating in a report on Tuesday. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $61.75.

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.