Financial & Tax Architects LLC Has $586,000 Position in Unilever PLC (NYSE:UL)

Financial & Tax Architects LLC grew its position in Unilever PLC (NYSE:UL) by 11.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 10,335 shares of the company’s stock after purchasing an additional 1,032 shares during the period. Financial & Tax Architects LLC’s holdings in Unilever were worth $586,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Alhambra Investment Management LLC boosted its stake 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 in the last quarter. Brooklyn Investment Group boosted its stake in shares of Unilever by 228.1% in the 4th quarter. Brooklyn Investment Group now owns 2,034 shares of the company’s stock valued at $115,000 after purchasing an additional 1,414 shares in the last quarter. Merit Financial Group LLC boosted its stake in shares of Unilever by 45.6% in the 4th quarter. Merit Financial Group LLC now owns 14,321 shares of the company’s stock valued at $812,000 after purchasing an additional 4,482 shares in the last quarter. Procyon Advisors LLC boosted its stake in shares of Unilever by 357.4% in the 4th quarter. Procyon Advisors LLC now owns 35,333 shares of the company’s stock valued at $2,003,000 after purchasing an additional 27,609 shares in the last quarter. Finally, Cypress Wealth Services LLC acquired a new stake in shares of Unilever in the 4th quarter valued at $209,000. Institutional investors and hedge funds own 9.67% of the company’s stock.

Unilever Stock Performance

Shares of UL stock traded up $0.24 on Friday, reaching $55.68. The company had a trading volume of 3,801,419 shares, compared to its average volume of 2,047,655. The company has a 50-day moving average of $57.69 and a 200-day moving average of $60.27. Unilever PLC has a 12 month low of $46.46 and a 12 month high of $65.87.

Unilever Increases Dividend

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

Analyst Upgrades and Downgrades

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

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.