Unilever PLC (NYSE:UL) Shares Acquired by O Brien Greene & Co. Inc

O Brien Greene & Co. Inc boosted its holdings in Unilever PLC (NYSE:UL) by 2.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,653 shares of the company’s stock after purchasing an additional 174 shares during the quarter. O Brien Greene & Co. Inc’s holdings in Unilever were worth $366,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Allen Wealth Management LLC purchased a new position in shares of Unilever during the fourth quarter worth about $2,415,000. Diversify Advisory Services LLC acquired a new position in shares of Unilever in the first quarter valued at approximately $863,000. Virtu Financial LLC acquired a new position in shares of Unilever in the fourth quarter valued at approximately $867,000. First Trust Advisors LP lifted its holdings in shares of Unilever by 6.6% during the fourth quarter. First Trust Advisors LP now owns 1,452,545 shares of the company’s stock worth $70,419,000 after purchasing an additional 90,245 shares during the period. Finally, Empowered Funds LLC acquired a new position in Unilever in the 1st quarter valued at $684,000. Institutional investors and hedge funds own 9.67% of the company’s stock.

Unilever Stock Performance

UL opened at $64.84 on Wednesday. The stock’s 50 day simple moving average is $61.64 and its 200 day simple moving average is $55.48. Unilever PLC has a 1-year low of $46.16 and a 1-year high of $65.86.

Unilever Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 6th. Stockholders of record on Friday, August 9th were given a $0.4773 dividend. The ex-dividend date of this dividend was Friday, August 9th. This represents a $1.91 dividend on an annualized basis and a dividend yield of 2.94%. This is a boost from Unilever’s previous quarterly dividend of $0.46.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. StockNews.com raised shares of Unilever from a “hold” rating to a “buy” rating in a report on Saturday, August 3rd. Bank of America raised Unilever from an “underperform” rating to a “buy” rating and lifted their price objective for the company from $47.00 to $72.00 in a report on Thursday, August 22nd. Redburn Atlantic raised Unilever from a “neutral” rating to a “buy” rating in a research note on Friday, June 7th. UBS Group upgraded Unilever to a “strong sell” rating in a research note on Tuesday, July 30th. Finally, JPMorgan Chase & Co. upgraded Unilever from an “underweight” rating to an “overweight” rating in a research report on Thursday, May 23rd. Three equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price 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.