Unilever PLC (NYSE:UL) Shares Purchased by Keystone Financial Services

Keystone Financial Services boosted its position in shares of Unilever PLC (NYSE:UL) by 5.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 12,174 shares of the company’s stock after buying an additional 652 shares during the quarter. Keystone Financial Services’ holdings in Unilever were worth $690,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC purchased a new position in shares of Unilever in the 4th quarter valued at about $26,000. Financial Life Planners acquired a new position in shares of Unilever during the 4th quarter worth approximately $28,000. Roxbury Financial LLC acquired a new stake in Unilever in the 4th quarter valued at $30,000. E Fund Management Hong Kong Co. Ltd. purchased a new stake in Unilever in the 3rd quarter worth $35,000. Finally, Brooklyn Investment Group acquired a new position in Unilever during the third quarter worth $40,000. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Wall Street Analyst Weigh In

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

Unilever Trading Down 1.9 %

NYSE UL opened at $54.89 on Monday. Unilever PLC has a 52 week low of $46.46 and a 52 week high of $65.87. The business’s fifty day simple moving average is $57.13 and its 200-day simple moving average is $60.30.

Unilever Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, February 28th will be issued a $0.4674 dividend. This represents a $1.87 dividend on an annualized basis and a yield of 3.41%. The ex-dividend date is Friday, February 28th.

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.