1,071 Shares in Unilever PLC (NYSE:UL) Acquired by Flagship Wealth Advisors LLC

Flagship Wealth Advisors LLC bought a new position in Unilever PLC (NYSE:UL) in the fourth quarter, according to its most recent filing with the SEC. The firm bought 1,071 shares of the company’s stock, valued at approximately $61,000.

A number of other institutional investors also recently bought and sold shares of UL. OneDigital Investment Advisors LLC lifted its stake in Unilever by 7.2% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 25,351 shares of the company’s stock valued at $1,647,000 after acquiring an additional 1,713 shares during the period. Empowered Funds LLC lifted its stake in Unilever by 14.2% during the 3rd quarter. Empowered Funds LLC now owns 42,405 shares of the company’s stock valued at $2,755,000 after acquiring an additional 5,263 shares during the period. Claro Advisors LLC lifted its stake in Unilever by 27.9% during the 3rd quarter. Claro Advisors LLC now owns 9,180 shares of the company’s stock valued at $596,000 after acquiring an additional 2,005 shares during the period. Thrivent Financial for Lutherans lifted its stake in Unilever by 14.8% during the 3rd quarter. Thrivent Financial for Lutherans now owns 15,539 shares of the company’s stock valued at $1,009,000 after acquiring an additional 2,001 shares during the period. Finally, Richard C. Young & CO. LTD. acquired a new stake in Unilever during the 3rd quarter valued at approximately $203,000. 9.67% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have commented on the stock. Royal Bank of Canada cut shares of Unilever from a “sector perform” rating to an “underperform” rating in a research note on Monday, January 6th. DZ Bank upgraded shares of Unilever from a “hold” rating to a “buy” rating in a research note on Friday, February 21st. Sanford C. Bernstein upgraded shares of Unilever from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 9th. Erste Group Bank reiterated a “hold” rating on shares of Unilever in a research note on Tuesday, November 19th. Finally, StockNews.com upgraded shares of Unilever from a “hold” rating to a “buy” rating in a research note on Friday, March 7th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $66.33.

Unilever Stock Performance

Shares of NYSE UL opened at $59.73 on Tuesday. The firm has a market cap of $148.23 billion, a PE ratio of 17.12, a PEG ratio of 1.60 and a beta of 0.47. The firm has a fifty day moving average of $57.04 and a 200 day moving average of $59.62. Unilever PLC has a one year low of $46.46 and a one year high of $65.87.

Unilever Cuts Dividend

The business also recently declared 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 annualized dividend and a yield of 3.13%. The ex-dividend date is Friday, February 28th. Unilever’s payout ratio is presently 53.01%.

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.