Strategic Wealth Partners Ltd. Has $266,000 Stake in Unilever PLC (NYSE:UL)

Strategic Wealth Partners Ltd. lessened its holdings in shares of Unilever PLC (NYSE:UL) by 42.3% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 5,292 shares of the company’s stock after selling 3,873 shares during the period. Strategic Wealth Partners Ltd.’s holdings in Unilever were worth $266,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Marino Stram & Associates LLC lifted its stake in Unilever by 2.2% in the fourth quarter. Marino Stram & Associates LLC now owns 9,963 shares of the company’s stock valued at $483,000 after buying an additional 215 shares during the period. Avidian Wealth Solutions LLC raised its position in shares of Unilever by 1.0% during the fourth quarter. Avidian Wealth Solutions LLC now owns 21,616 shares of the company’s stock worth $1,048,000 after purchasing an additional 216 shares during the period. Baystate Wealth Management LLC raised its position in shares of Unilever by 29.9% during the fourth quarter. Baystate Wealth Management LLC now owns 948 shares of the company’s stock worth $46,000 after purchasing an additional 218 shares during the period. FinTrust Capital Advisors LLC raised its position in shares of Unilever by 6.7% during the fourth quarter. FinTrust Capital Advisors LLC now owns 3,708 shares of the company’s stock worth $180,000 after purchasing an additional 232 shares during the period. Finally, Cardinal Capital Management raised its position in shares of Unilever by 0.7% during the fourth quarter. Cardinal Capital Management now owns 34,265 shares of the company’s stock worth $1,661,000 after purchasing an additional 247 shares during the period. Institutional investors own 9.67% of the company’s stock.

Unilever Stock Up 1.5 %

Shares of NYSE UL opened at $62.53 on Friday. The business has a fifty day moving average price of $56.68 and a two-hundred day moving average price of $52.29. Unilever PLC has a fifty-two week low of $46.16 and a fifty-two week high of $62.65.

Unilever Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 6th. Stockholders of record on Friday, August 9th will be paid a $0.4773 dividend. This is a positive change from Unilever’s previous quarterly dividend of $0.46. The ex-dividend date of this dividend is Friday, August 9th. This represents a $1.91 annualized dividend and a dividend yield of 3.05%.

Wall Street Analysts Forecast Growth

UL has been the topic of a number of research analyst reports. JPMorgan Chase & Co. raised Unilever from an “underweight” rating to an “overweight” rating in a research report on Thursday, May 23rd. Argus increased their price objective on Unilever from $58.00 to $60.00 and gave the stock a “buy” rating in a report on Wednesday, May 8th. Redburn Atlantic upgraded Unilever from a “neutral” rating to a “buy” rating in a report on Friday, June 7th. StockNews.com upgraded Unilever from a “hold” rating to a “buy” rating in a research note on Saturday. Finally, UBS Group raised Unilever to a “strong sell” rating in a report on Tuesday. Four equities research analysts have rated the stock with a sell rating, one has given a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, Unilever presently has a consensus rating of “Hold” and a consensus price target of $58.33.

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.