3,400 Shares in Unilever PLC (NYSE:UL) Purchased by Nicolet Advisory Services LLC

Nicolet Advisory Services LLC purchased a new position in Unilever PLC (NYSE:UL) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 3,400 shares of the company’s stock, valued at approximately $214,000.

Other institutional investors have also recently bought and sold shares of the company. ST Germain D J Co. Inc. increased 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 in the last quarter. Abich Financial Wealth Management LLC grew its stake in Unilever by 393.5% during the 2nd quarter. Abich Financial Wealth Management LLC now owns 533 shares of the company’s stock valued at $29,000 after acquiring an additional 425 shares in the last quarter. E Fund Management Hong Kong Co. Ltd. purchased a new position in Unilever during the 3rd quarter valued at about $35,000. 1620 Investment Advisors Inc. purchased a new position in Unilever during the 2nd quarter valued at about $30,000. Finally, Jamison Private Wealth Management Inc. grew its stake in Unilever by 202.5% during the 3rd quarter. Jamison Private Wealth Management Inc. now owns 605 shares of the company’s stock valued at $39,000 after acquiring an additional 405 shares in the last quarter. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Unilever Trading Up 1.7 %

Shares of Unilever stock opened at $58.61 on Monday. The stock has a 50-day simple moving average of $61.86 and a 200-day simple moving average of $59.65. Unilever PLC has a 52-week low of $46.46 and a 52-week high of $65.87.

Unilever Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 8th will be issued 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 3.25%. The ex-dividend date is Friday, November 8th.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Erste Group Bank reaffirmed a “hold” rating on shares of Unilever in a research note on Tuesday, November 19th. StockNews.com cut Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th. UBS Group raised Unilever to a “strong sell” rating in a research note on Tuesday, July 30th. Finally, Bank of America raised Unilever from an “underperform” rating to a “buy” rating and lifted their target price for the company from $47.00 to $72.00 in a research note on Thursday, August 22nd. Three research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target 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.