Diversify Advisory Services LLC Decreases Stock Position in Unilever PLC (NYSE:UL)

Diversify Advisory Services LLC decreased its position in shares of Unilever PLC (NYSE:UL) by 3.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,507 shares of the company’s stock after selling 348 shares during the period. Diversify Advisory Services LLC’s holdings in Unilever were worth $579,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Abich Financial Wealth Management LLC grew its holdings in Unilever by 393.5% during the 2nd quarter. Abich Financial Wealth Management LLC now owns 533 shares of the company’s stock valued at $29,000 after buying an additional 425 shares in the last quarter. E Fund Management Hong Kong Co. Ltd. bought a new stake in Unilever in the third quarter worth $35,000. Jamison Private Wealth Management Inc. raised its stake in Unilever by 202.5% during the third quarter. Jamison Private Wealth Management Inc. now owns 605 shares of the company’s stock valued at $39,000 after purchasing an additional 405 shares in the last quarter. Brooklyn Investment Group purchased a new position in shares of Unilever in the 3rd quarter worth $40,000. Finally, Coastline Trust Co purchased a new stake in shares of Unilever during the 3rd quarter valued at about $48,000. 9.67% of the stock is owned by institutional investors.

Unilever Stock Up 2.3 %

Unilever stock opened at $56.95 on Wednesday. The company has a 50 day moving average price of $57.57 and a 200-day moving average price 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. Shareholders of record on Friday, November 8th were issued a $0.4755 dividend. This represents a $1.90 annualized dividend and a dividend yield of 3.34%. This is a boost from Unilever’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend was Friday, November 8th.

Analysts Set New Price Targets

Several research firms recently commented on UL. Erste Group Bank reiterated a “hold” rating on shares of Unilever in a research report on Tuesday, November 19th. StockNews.com downgraded Unilever from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th. Sanford C. Bernstein upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 9th. 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. Three investment analysts have rated the stock with a sell rating, two have given a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Unilever has an average rating of “Hold” and an average price target of $61.75.

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.