Unilever PLC (NYSE:UL) Shares Bought by OneDigital Investment Advisors LLC

OneDigital Investment Advisors LLC lifted its position in shares of Unilever PLC (NYSE:UL) by 7.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 25,351 shares of the company’s stock after buying an additional 1,713 shares during the period. OneDigital Investment Advisors LLC’s holdings in Unilever were worth $1,647,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Fiera Capital Corp increased its position in shares of Unilever by 1,866.0% during the 2nd quarter. Fiera Capital Corp now owns 2,135,859 shares of the company’s stock worth $117,451,000 after purchasing an additional 2,027,221 shares during the last quarter. Bank of Montreal Can raised its stake in shares of Unilever by 249.5% in the 2nd quarter. Bank of Montreal Can now owns 1,748,329 shares of the company’s stock valued at $98,204,000 after acquiring an additional 1,248,136 shares during the period. Clearbridge Investments LLC lifted its holdings in shares of Unilever by 598.7% in the 2nd quarter. Clearbridge Investments LLC now owns 1,301,239 shares of the company’s stock worth $71,555,000 after acquiring an additional 1,114,992 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Unilever by 26.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 4,384,944 shares of the company’s stock worth $241,145,000 after purchasing an additional 911,443 shares during the period. Finally, Lazard Asset Management LLC increased its holdings in Unilever by 19.3% in the 1st 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 during the last quarter. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. UBS Group upgraded Unilever to a “strong sell” rating in a research note on Tuesday, July 30th. Bank of America upgraded Unilever from an “underperform” rating to a “buy” rating and raised their target price for the company from $47.00 to $72.00 in a report on Thursday, August 22nd. StockNews.com lowered shares of Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th. Finally, TD Cowen assumed coverage on shares of Unilever in a research note on Tuesday, July 23rd. They issued a “buy” rating and a $67.00 price objective for the company. Three research 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 data from MarketBeat.com, Unilever presently has an average rating of “Hold” and an average target price of $61.75.

Unilever Price Performance

Shares of NYSE:UL opened at $57.40 on Monday. Unilever PLC has a 52 week low of $46.46 and a 52 week high of $65.87. The company’s 50 day moving average is $62.59 and its two-hundred day moving average is $59.45.

Unilever Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 8th will be issued a $0.4755 dividend. This represents a $1.90 annualized dividend and a yield of 3.31%. The ex-dividend date of this dividend is Friday, November 8th. This is a positive change from Unilever’s previous quarterly dividend of $0.35.

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.