Flagship Wealth Advisors LLC Invests $61,000 in Unilever PLC (NYSE:UL)

Flagship Wealth Advisors LLC bought a new position in shares of Unilever PLC (NYSE:UL) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 1,071 shares of the company’s stock, valued at approximately $61,000.

A number of other large investors have also modified their holdings of the business. Cozad Asset Management Inc. grew its holdings in shares of Unilever by 7.5% during the fourth quarter. Cozad Asset Management Inc. now owns 10,651 shares of the company’s stock worth $604,000 after buying an additional 746 shares in the last quarter. Signaturefd LLC grew its holdings in shares of Unilever by 4.7% during the fourth quarter. Signaturefd LLC now owns 42,242 shares of the company’s stock worth $2,395,000 after buying an additional 1,891 shares in the last quarter. Parallel Advisors LLC grew its holdings in shares of Unilever by 2.6% during the fourth quarter. Parallel Advisors LLC now owns 23,261 shares of the company’s stock worth $1,319,000 after buying an additional 599 shares in the last quarter. Creative Financial Designs Inc. ADV grew its holdings in shares of Unilever by 6.7% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 2,966 shares of the company’s stock worth $168,000 after buying an additional 185 shares in the last quarter. Finally, Gallacher Capital Management LLC grew its holdings in shares of Unilever by 3.0% during the fourth quarter. Gallacher Capital Management LLC now owns 7,667 shares of the company’s stock worth $435,000 after buying an additional 220 shares in the last quarter. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Unilever Price Performance

NYSE UL opened at $59.73 on Tuesday. The firm’s 50-day moving average is $57.04 and its two-hundred day moving average is $59.62. Unilever PLC has a 12 month low of $46.46 and a 12 month high of $65.87. The stock has a market capitalization of $148.23 billion, a P/E ratio of 17.12, a PEG ratio of 1.60 and a beta of 0.47.

Unilever Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, February 28th will be given a $0.4674 dividend. The ex-dividend date is Friday, February 28th. This represents a $1.87 dividend on an annualized basis and a yield of 3.13%. Unilever’s payout ratio is currently 53.01%.

Analyst Ratings Changes

UL has been the subject of a number of analyst reports. StockNews.com raised shares of Unilever from a “hold” rating to a “buy” rating in a report on Friday, March 7th. Sanford C. Bernstein raised shares of Unilever from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. DZ Bank raised shares of Unilever from a “hold” rating to a “buy” rating in a report on Friday, February 21st. Erste Group Bank reissued a “hold” rating on shares of Unilever in a report on Tuesday, November 19th. Finally, Royal Bank of Canada lowered shares of Unilever from a “sector perform” rating to an “underperform” rating in a report on Monday, January 6th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $66.33.

Unilever 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.