Unilever PLC (NYSE:UL) Shares Bought by Keystone Financial Services

Keystone Financial Services grew its holdings in Unilever PLC (NYSE:UL) by 5.7% in the 4th quarter, HoldingsChannel.com reports. The fund owned 12,174 shares of the company’s stock after buying an additional 652 shares during the quarter. Keystone Financial Services’ holdings in Unilever were worth $690,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Creative Financial Designs Inc. ADV increased its holdings in 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 purchasing an additional 181 shares during the period. Timber Creek Capital Management LLC lifted its stake in Unilever by 0.5% in the third quarter. Timber Creek Capital Management LLC now owns 39,530 shares of the company’s stock worth $2,568,000 after acquiring an additional 182 shares during the last quarter. Farmers & Merchants Investments Inc. grew its holdings in Unilever by 3.4% during the 4th quarter. Farmers & Merchants Investments Inc. now owns 5,646 shares of the company’s stock worth $320,000 after acquiring an additional 185 shares in the last quarter. Alhambra Investment Management LLC increased its position in shares of Unilever by 4.2% in the 4th quarter. Alhambra Investment Management LLC now owns 4,586 shares of the company’s stock valued at $260,000 after purchasing an additional 186 shares during the last quarter. Finally, Phillips Wealth Planners LLC raised its holdings in shares of Unilever by 2.2% in the 4th quarter. Phillips Wealth Planners LLC now owns 8,970 shares of the company’s stock valued at $495,000 after purchasing an additional 193 shares in the last quarter. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Analyst Ratings Changes

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

Unilever Price Performance

UL stock opened at $54.89 on Monday. The business has a 50 day simple moving average of $57.13 and a 200-day simple moving average of $60.30. Unilever PLC has a twelve month low of $46.46 and a twelve month high of $65.87.

Unilever Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, February 28th will be given a dividend of $0.4674 per share. This represents a $1.87 annualized dividend and a yield of 3.41%. The ex-dividend date of this dividend is Friday, February 28th.

Unilever Company 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.