Diversify Wealth Management LLC Acquires 3,021 Shares of Unilever PLC (NYSE:UL)

Diversify Wealth Management LLC boosted its holdings in Unilever PLC (NYSE:UL) by 12.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 26,789 shares of the company’s stock after buying an additional 3,021 shares during the period. Diversify Wealth Management LLC’s holdings in Unilever were worth $1,477,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Gilman Hill Asset Management LLC boosted its holdings in Unilever by 11.4% during the fourth quarter. Gilman Hill Asset Management LLC now owns 71,972 shares of the company’s stock worth $4,081,000 after buying an additional 7,380 shares during the last quarter. Smart Money Group LLC boosted its stake in Unilever by 10.4% during the 4th quarter. Smart Money Group LLC now owns 11,658 shares of the company’s stock worth $661,000 after acquiring an additional 1,100 shares during the last quarter. Clarius Group LLC boosted its stake in Unilever by 48.7% during the 4th quarter. Clarius Group LLC now owns 7,859 shares of the company’s stock worth $446,000 after acquiring an additional 2,573 shares during the last quarter. Oak Ridge Investments LLC grew its holdings in Unilever by 5.5% during the fourth quarter. Oak Ridge Investments LLC now owns 115,946 shares of the company’s stock valued at $6,574,000 after purchasing an additional 6,092 shares during the period. Finally, HF Advisory Group LLC increased its stake in Unilever by 6.5% in the fourth quarter. HF Advisory Group LLC now owns 17,920 shares of the company’s stock valued at $1,016,000 after purchasing an additional 1,089 shares in the last quarter. 9.67% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

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

Unilever Trading Up 0.4 %

NYSE:UL opened at $55.68 on Tuesday. The stock has a 50-day simple moving average of $57.62 and a 200 day simple moving average of $60.36. Unilever PLC has a 52-week low of $46.46 and a 52-week high of $65.87.

Unilever Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Friday, November 8th were issued a $0.4755 dividend. The ex-dividend date of this dividend was Friday, November 8th. 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 dividend yield of 3.42%.

About Unilever

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.