3 days Ago By ABMN Staff
Oppenheimer & Co. Inc. lessened its position in shares of Unilever PLC ( NYSE:UL – Free Report ) by 23.
2% during the second quarter, HoldingsChannel reports. The institutional investor owned 53,243 shares of the company’s stock after selling 16,072 shares during the quarter. Oppenheimer & Co.
Inc.’s holdings in Unilever were worth $2,928,000 as of its most recent filing with the Securities & Exchange Commission. Other hedge funds have also recently added to or reduced their stakes in the company.
Red Tortoise LLC purchased a new position in Unilever during the 1st quarter worth approximately $26,000. ST Germain D J Co. Inc.
grew its stake in Unilever by 423.8% during the 2nd quarter. ST Germain D J Co.
Inc. now owns 529 shares of the company’s stock worth $29,000 after buying an additional 428 shares during the last quarter. 1620 Investment Advisors Inc.
purchased a new position in Unilever during the 2nd quarter worth approximately $30,000. Quent Capital LLC purchased a new position in Unilever during the 1st quarter worth approximately $28,000. Finally, Rise Advisors LLC purchased a new position in Unilever during the 1st quarter worth approximately $28,000.
Hedge funds and other institutional investors own 9.67% of the company’s stock. Analyst Ratings Changes Several research analysts have weighed in on the company.
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 issued a “buy” rating and a $67.
00 price target on the stock. Redburn Atlantic upgraded Unilever from a “neutral” rating to a “buy” rating in a research note on Friday, June 7th. Bank of America upgraded Unilever from an “underperform” rating to a “buy” rating and lifted their price target for the company 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 Saturday, August 3rd. Three 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 company’s stock. According to MarketBeat.
com, Unilever presently has an average rating of “Hold” and a consensus target price of $61.75. Unilever Stock Up 0.
3 % Shares of UL stock opened at $65.06 on Monday. The stock has a fifty day moving average price of $61.
26 and a 200 day moving average price of $55.25. Unilever PLC has a 1 year low of $46.
16 and a 1 year high of $65.86. Unilever Increases Dividend The business also recently declared a quarterly dividend, which was paid on Friday, September 6th.
Stockholders of record on Friday, August 9th were issued a $0.4773 dividend. This represents a $1.
91 dividend on an annualized basis and a dividend yield of 2.93%. This is a boost from Unilever’s previous quarterly dividend of $0.
46. The ex-dividend date of this dividend was Friday, August 9th. 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. See Also Want to see what other hedge funds are holding UL? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Unilever PLC ( NYSE:UL – Free Report ). 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.com's FREE daily email newsletter .
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