Diversify Wealth Management LLC Has $1.48 Million Holdings in Unilever PLC (NYSE:UL)

Diversify Wealth Management LLC lifted its position in Unilever PLC (NYSE:UL) by 12.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,789 shares of the company’s stock after purchasing an additional 3,021 shares during the quarter. Diversify Wealth Management LLC’s holdings in Unilever were worth $1,477,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of UL. Creative Financial Designs Inc. ADV boosted its holdings in Unilever by 7.0% during the third quarter. Creative Financial Designs Inc. ADV now owns 2,781 shares of the company’s stock valued at $181,000 after purchasing an additional 181 shares in the last quarter. Timber Creek Capital Management LLC boosted its stake in Unilever by 0.5% in the 3rd quarter. Timber Creek Capital Management LLC now owns 39,530 shares of the company’s stock valued at $2,568,000 after buying an additional 182 shares in the last quarter. Alhambra Investment Management LLC grew its position in Unilever by 4.2% in the fourth quarter. Alhambra Investment Management LLC now owns 4,586 shares of the company’s stock valued at $260,000 after acquiring an additional 186 shares during the period. Good Life Advisors LLC raised its stake in Unilever by 4.5% during the third quarter. Good Life Advisors LLC now owns 4,536 shares of the company’s stock worth $295,000 after acquiring an additional 196 shares in the last quarter. Finally, Fiduciary Financial Group LLC lifted its holdings in shares of Unilever by 4.3% during the third quarter. Fiduciary Financial Group LLC now owns 4,875 shares of the company’s stock valued at $307,000 after acquiring an additional 201 shares during the period. 9.67% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on UL. Sanford C. Bernstein raised shares of Unilever from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. Erste Group Bank reaffirmed a “hold” rating on shares of Unilever in a report on Tuesday, November 19th. Royal Bank of Canada downgraded Unilever from a “sector perform” rating to an “underperform” rating in a report on Monday, January 6th. Finally, StockNews.com cut Unilever from a “buy” rating to a “hold” rating in a report on Tuesday, November 12th. Three research analysts have rated the stock with a sell rating, two have issued a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $61.75.

Unilever Price Performance

Shares of Unilever stock opened at $55.68 on Tuesday. The firm has a 50 day simple moving average of $57.62 and a 200 day simple moving average of $60.36. Unilever PLC has a fifty-two week low of $46.46 and a fifty-two week high of $65.87.

Unilever Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Friday, November 8th were given a dividend of $0.4755 per share. The ex-dividend date of this dividend was Friday, November 8th. This represents a $1.90 dividend on an annualized basis and a dividend yield of 3.42%. This is an increase from Unilever’s previous quarterly dividend of $0.35.

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.