Unilever PLC (NYSE:UL) Shares Acquired by Retirement Guys Formula LLC

Retirement Guys Formula LLC raised its stake in shares of Unilever PLC (NYSE:UL) by 7.1% in the third quarter, Holdings Channel.com reports. The fund owned 12,337 shares of the company’s stock after purchasing an additional 817 shares during the period. Retirement Guys Formula LLC’s holdings in Unilever were worth $801,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Mayflower Financial Advisors LLC boosted its holdings in Unilever by 4.1% in the second quarter. Mayflower Financial Advisors LLC now owns 4,193 shares of the company’s stock valued at $231,000 after purchasing an additional 167 shares in the last quarter. O Brien Greene & Co. Inc lifted its stake in Unilever by 2.7% in the second quarter. O Brien Greene & Co. Inc now owns 6,653 shares of the company’s stock valued at $366,000 after buying an additional 174 shares during the last quarter. Crewe Advisors LLC lifted its stake in Unilever by 17.3% in the second quarter. Crewe Advisors LLC now owns 1,186 shares of the company’s stock valued at $65,000 after buying an additional 175 shares during the last quarter. Bailard Inc. lifted its stake in Unilever by 1.2% in the second quarter. Bailard Inc. now owns 15,014 shares of the company’s stock valued at $826,000 after buying an additional 179 shares during the last quarter. Finally, Gallacher Capital Management LLC lifted its stake in Unilever by 2.5% in the second quarter. Gallacher Capital Management LLC now owns 7,575 shares of the company’s stock valued at $417,000 after buying an additional 182 shares during the last quarter. 9.67% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

UL has been the subject of a number of research reports. UBS Group upgraded Unilever to a “strong sell” rating in a research note on Tuesday, July 30th. TD Cowen started coverage on Unilever in a research note on Tuesday, July 23rd. They set a “buy” rating and a $67.00 price target for the company. Bank of America upgraded Unilever from an “underperform” rating to a “buy” rating and upped their price target for the stock from $47.00 to $72.00 in a research note on Thursday, August 22nd. Finally, StockNews.com upgraded Unilever from a “hold” rating to a “buy” rating in a research note on Friday, October 4th. Three equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, Unilever currently has an average rating of “Hold” and an average target price of $61.75.

Unilever Stock Performance

NYSE UL traded down $0.63 during trading hours on Monday, hitting $62.32. 506,071 shares of the company’s stock were exchanged, compared to its average volume of 2,628,931. The business’s 50 day moving average is $63.71 and its 200-day moving average is $57.80. Unilever PLC has a 12-month low of $46.16 and a 12-month high of $65.87.

Unilever Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 6th. Investors of record on Friday, August 9th were given a dividend of $0.4773 per share. The ex-dividend date was Friday, August 9th. This is an increase from Unilever’s previous quarterly dividend of $0.46. This represents a $1.91 annualized dividend and a yield of 3.06%.

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.