Cetera Advisors LLC Has $4.04 Million Stake in Unilever PLC (NYSE:UL)

Cetera Advisors LLC increased its holdings in shares of Unilever PLC (NYSE:UL) by 199.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 80,556 shares of the company’s stock after acquiring an additional 53,651 shares during the quarter. Cetera Advisors LLC’s holdings in Unilever were worth $4,043,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. International Assets Investment Management LLC boosted its holdings in shares of Unilever by 3,718.5% during the fourth quarter. International Assets Investment Management LLC now owns 171,641 shares of the company’s stock worth $8,321,000 after acquiring an additional 167,146 shares during the period. Prime Capital Investment Advisors LLC grew its holdings in Unilever by 532.9% in the 4th quarter. Prime Capital Investment Advisors LLC now owns 78,638 shares of the company’s stock valued at $3,812,000 after buying an additional 66,212 shares in the last quarter. Tritonpoint Wealth LLC acquired a new position in Unilever in the 4th quarter valued at $703,000. Mirae Asset Global Investments Co. Ltd. increased its position in Unilever by 5.9% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 49,125 shares of the company’s stock worth $2,382,000 after buying an additional 2,728 shares during the period. Finally, Pavion Blue Capital LLC lifted its holdings in shares of Unilever by 7.1% during the fourth quarter. Pavion Blue Capital LLC now owns 37,237 shares of the company’s stock worth $1,805,000 after buying an additional 2,457 shares in the last quarter. Institutional investors own 9.67% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. UBS Group upgraded Unilever to a “strong sell” rating in a research note on Tuesday, July 30th. Redburn Atlantic upgraded Unilever from a “neutral” rating to a “buy” rating in a research report on Friday, June 7th. Argus upped their price objective on shares of Unilever from $58.00 to $60.00 and gave the stock a “buy” rating in a research report on Wednesday, May 8th. TD Cowen began coverage on shares of Unilever in a report on Tuesday, July 23rd. They issued a “buy” rating and a $67.00 target price on the stock. Finally, JPMorgan Chase & Co. raised shares of Unilever from an “underweight” rating to an “overweight” rating in a report on Thursday, May 23rd. Four analysts have rated the stock with a sell rating, one has issued a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, Unilever has a consensus rating of “Hold” and an average price target of $58.33.

Unilever Price Performance

NYSE UL traded up $0.91 during mid-day trading on Friday, reaching $62.54. 4,790,459 shares of the stock were exchanged, compared to its average volume of 3,107,675. The stock has a 50 day simple moving average of $56.68 and a 200-day simple moving average of $52.32. Unilever PLC has a one year low of $46.16 and a one year high of $62.65.

Unilever Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 6th. Investors of record on Friday, August 9th will be paid a dividend of $0.4773 per share. The ex-dividend date of this dividend is Friday, August 9th. This is a positive change from Unilever’s previous quarterly dividend of $0.46. This represents a $1.91 annualized dividend and a yield of 3.05%.

Unilever 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.