Atomi Financial Group Inc. Acquires 2,774 Shares of Unilever PLC (NYSE:UL)

Atomi Financial Group Inc. boosted its holdings in shares of Unilever PLC (NYSE:UL) by 10.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 28,860 shares of the company’s stock after buying an additional 2,774 shares during the quarter. Atomi Financial Group Inc.’s holdings in Unilever were worth $1,636,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in UL. Abich Financial Wealth Management LLC boosted its stake in shares of Unilever by 393.5% during the 2nd quarter. Abich Financial Wealth Management LLC now owns 533 shares of the company’s stock worth $29,000 after acquiring an additional 425 shares during the last quarter. E Fund Management Hong Kong Co. Ltd. bought a new position in Unilever in the 3rd quarter worth $35,000. Jamison Private Wealth Management Inc. lifted its position 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 bought a new stake in Unilever during the third quarter valued at about $40,000. Finally, Coastline Trust Co bought a new stake in Unilever during the third quarter valued at about $48,000. 9.67% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

Unilever Trading Up 2.3 %

Unilever stock opened at $56.95 on Wednesday. Unilever PLC has a 1 year low of $46.46 and a 1 year high of $65.87. The firm’s 50 day moving average price is $57.57 and its 200-day moving average price is $60.36.

Unilever Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Friday, November 8th were issued a $0.4755 dividend. This is an increase from Unilever’s previous quarterly dividend of $0.35. This represents a $1.90 dividend on an annualized basis and a yield of 3.34%. The ex-dividend date of this dividend was Friday, November 8th.

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.