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

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

Other institutional investors have also made changes to their positions in the company. Red Tortoise LLC acquired a new stake in Unilever in the 1st quarter valued at approximately $26,000. ST Germain D J Co. Inc. boosted its position in shares of Unilever by 423.8% during the second quarter. ST Germain D J Co. Inc. now owns 529 shares of the company’s stock worth $29,000 after buying an additional 428 shares during the period. 1620 Investment Advisors Inc. acquired a new stake in shares of Unilever in the second quarter valued at $30,000. Quent Capital LLC acquired a new stake in shares of Unilever in the first quarter valued at $28,000. Finally, Rise Advisors LLC purchased a new stake in shares of Unilever in the 1st quarter valued at $28,000. 9.67% of the stock is currently owned by institutional investors and hedge funds.

Unilever Stock Down 1.1 %

Shares of UL opened at $64.84 on Wednesday. Unilever PLC has a 52-week low of $46.16 and a 52-week high of $65.86. The stock has a 50 day moving average price of $61.64 and a 200 day moving average price of $55.48.

Unilever Increases Dividend

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

Analyst Ratings Changes

UL has been the subject of several research reports. Bank of America raised Unilever from an “underperform” rating to a “buy” rating and lifted their target price for the company from $47.00 to $72.00 in a research report on Thursday, August 22nd. TD Cowen initiated coverage on shares of Unilever in a research report on Tuesday, July 23rd. They issued a “buy” rating and a $67.00 price target for the company. JPMorgan Chase & Co. raised Unilever from an “underweight” rating to an “overweight” rating in a research report on Thursday, May 23rd. StockNews.com upgraded Unilever from a “hold” rating to a “buy” rating in a research note on Saturday, August 3rd. Finally, Redburn Atlantic raised shares of Unilever from a “neutral” rating to a “buy” rating in a research report on Friday, June 7th. Three investment analysts have rated the stock with a sell rating, one has given a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, Unilever presently has a consensus rating of “Hold” and an average target price of $61.75.

Unilever Company 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.