Clark Estates Inc. NY Has $15.27 Million Position in Unilever PLC (NYSE:UL)

Clark Estates Inc. NY cut its holdings in Unilever PLC (NYSE:UL) by 37.3% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 235,000 shares of the company’s stock after selling 140,000 shares during the period. Unilever comprises 2.8% of Clark Estates Inc. NY’s holdings, making the stock its 7th largest holding. Clark Estates Inc. NY’s holdings in Unilever were worth $15,266,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Mayflower Financial Advisors LLC boosted its stake in shares of Unilever by 4.1% during the 2nd quarter. Mayflower Financial Advisors LLC now owns 4,193 shares of the company’s stock worth $231,000 after purchasing an additional 167 shares during the period. O Brien Greene & Co. Inc boosted its position in shares of Unilever by 2.7% during 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 period. Crewe Advisors LLC grew its stake in shares of Unilever by 17.3% during 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. raised its holdings in shares of Unilever by 1.2% in the second quarter. Bailard Inc. now owns 15,014 shares of the company’s stock worth $826,000 after buying an additional 179 shares during the period. Finally, Creative Financial Designs Inc. ADV lifted its stake in shares of Unilever by 7.0% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 2,781 shares of the company’s stock worth $181,000 after acquiring an additional 181 shares during the last quarter. Institutional investors own 9.67% of the company’s stock.

Analysts Set New Price Targets

UL has been the topic of several research analyst reports. Erste Group Bank reaffirmed a “hold” rating on shares of Unilever in a research report on Tuesday, November 19th. Bank of America upgraded shares of 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 report on Thursday, August 22nd. UBS Group upgraded shares of Unilever to a “strong sell” rating in a report on Tuesday, July 30th. Finally, StockNews.com downgraded shares of Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th. Three investment analysts have rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $61.75.

Unilever Price Performance

NYSE UL opened at $59.11 on Wednesday. Unilever PLC has a one year low of $46.46 and a one year high of $65.87. The company’s 50-day simple moving average is $61.61 and its two-hundred day simple moving average is $59.73.

Unilever Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 8th will be issued a dividend of $0.4755 per share. This represents a $1.90 annualized dividend and a yield of 3.22%. This is a positive change from Unilever’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend is Friday, November 8th.

About Unilever

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.