Unilever PLC (NYSE:UL) Stock Holdings Lifted by Haverford Trust Co

Haverford Trust Co boosted its stake in shares of Unilever PLC (NYSE:UL) by 0.9% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 75,509 shares of the company’s stock after purchasing an additional 679 shares during the period. Haverford Trust Co’s holdings in Unilever were worth $4,905,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP grew its position in Unilever by 26.2% during the second quarter. Dimensional Fund Advisors LP now owns 4,384,944 shares of the company’s stock valued at $241,145,000 after purchasing an additional 911,443 shares in the last quarter. Lazard Asset Management LLC grew its position in Unilever by 19.3% during the first quarter. Lazard Asset Management LLC now owns 4,132,640 shares of the company’s stock valued at $207,416,000 after purchasing an additional 668,913 shares in the last quarter. Saratoga Research & Investment Management grew its position in Unilever by 0.8% during the second quarter. Saratoga Research & Investment Management now owns 2,767,207 shares of the company’s stock valued at $152,169,000 after purchasing an additional 22,325 shares in the last quarter. Hamlin Capital Management LLC grew its position in Unilever by 7.9% during the third quarter. Hamlin Capital Management LLC now owns 2,667,380 shares of the company’s stock valued at $173,273,000 after purchasing an additional 194,165 shares in the last quarter. Finally, Fiera Capital Corp grew its position in Unilever by 1,866.0% during the second quarter. Fiera Capital Corp now owns 2,135,859 shares of the company’s stock valued at $117,451,000 after purchasing an additional 2,027,221 shares in the last quarter. 9.67% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts recently commented on the stock. Bank of America raised shares of Unilever from an “underperform” rating to a “buy” rating and boosted their price objective 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 target price for the company. StockNews.com downgraded shares of Unilever from a “buy” rating to a “hold” rating in a research report on Tuesday. Finally, UBS Group raised shares of Unilever to a “strong sell” rating in a research report on Tuesday, July 30th. Three investment analysts have rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $61.75.

Unilever Trading Down 0.3 %

Shares of Unilever stock opened at $57.39 on Thursday. The firm has a fifty day simple moving average of $63.06 and a 200-day simple moving average of $59.33. Unilever PLC has a 1-year low of $46.46 and a 1-year high of $65.87. The stock has a market capitalization of $142.87 billion, a price-to-earnings ratio of 16.98, a PEG ratio of 1.74 and a beta of 0.49.

Unilever Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 8th will be paid a dividend of $0.4755 per share. This is a boost from Unilever’s previous quarterly dividend of $0.35. This represents a $1.90 annualized dividend and a yield of 3.31%. The ex-dividend date is Friday, November 8th. Unilever’s dividend payout ratio is presently 55.62%.

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.