1 week Ago By ABMN Staff
Anchor Capital Advisors LLC raised its holdings in shares of Unilever PLC ( NYSE:UL – Free Report ) by 4.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 54,073 shares of the company’s stock after buying an additional 2,377 shares during the quarter.
Anchor Capital Advisors LLC’s holdings in Unilever were worth $2,973,000 as of its most recent filing with the Securities & Exchange Commission. A number of other institutional investors have also added to or reduced their stakes in the business. Wellington Management Group LLP raised its position in shares of Unilever by 3.
3% during the 4th quarter. Wellington Management Group LLP now owns 34,494,131 shares of the company’s stock valued at $1,672,275,000 after buying an additional 1,114,417 shares in the last quarter. Fisher Asset Management LLC increased its stake in Unilever by 9.
6% in the fourth quarter. Fisher Asset Management LLC now owns 10,830,250 shares of the company’s stock valued at $525,051,000 after acquiring an additional 951,446 shares during the last quarter. Hotchkis & Wiley Capital Management LLC raised its position in Unilever by 5.
3% during the fourth quarter. Hotchkis & Wiley Capital Management LLC now owns 6,548,241 shares of the company’s stock valued at $317,459,000 after purchasing an additional 329,705 shares in the last quarter. Lazard Asset Management LLC lifted its stake in Unilever by 19.
3% during the first quarter. Lazard Asset Management LLC now owns 4,132,640 shares of the company’s stock worth $207,416,000 after purchasing an additional 668,913 shares during the last quarter. Finally, Norges Bank bought a new stake in Unilever during the fourth quarter worth about $151,263,000.
9.67% of the stock is currently owned by institutional investors. Analysts Set New Price Targets Several equities analysts have recently commented on UL shares.
TD Cowen assumed coverage on Unilever in a research report on Tuesday, July 23rd. They set a “buy” rating and a $67.00 price objective on the stock.
JPMorgan Chase & Co. upgraded shares of Unilever from an “underweight” rating to an “overweight” rating in a research report on Thursday, May 23rd. UBS Group upgraded shares of Unilever to a “strong sell” rating in a report on Tuesday, July 30th.
StockNews.com raised shares of Unilever from a “hold” rating to a “buy” rating in a research note on Saturday, August 3rd. Finally, Bank of America upgraded shares of Unilever from an “underperform” rating to a “buy” rating and lifted their target price for the stock from $47.
00 to $72.00 in a research report on Thursday, August 22nd. Three equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and seven have given a buy rating to the stock.
According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $61.75.
Unilever Price Performance NYSE:UL opened at $65.25 on Monday. Unilever PLC has a fifty-two week low of $46.
16 and a fifty-two week high of $65.72. The business has a 50 day moving average price of $60.
25 and a 200-day moving average price of $54.72. Unilever Increases Dividend The company also recently declared a quarterly dividend, which was paid on Friday, September 6th.
Shareholders of record on Friday, August 9th were given a dividend of $0.4773 per share. The ex-dividend date of this dividend was Friday, August 9th.
This represents a $1.91 annualized dividend and a yield of 2.93%.
This is a boost from Unilever’s previous quarterly dividend of $0.46. 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. Recommended Stories Receive News & Ratings for Unilever Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unilever and related companies with MarketBeat.
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